SIGNIFICANT LANDHOLDING WITH MAJOR UPSIDE
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468-474 Neerim Road, Murrumbeena VIC 3163

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RetailSize: n/a
Block size: 795 m² approx.
Belle Property Commercial is pleased to offer 468-474 Neerim Road, Murrumbeena for Private Sale.

This offering comprises a significant landholding of 795sqm* consisting of two (2) titles and a prominent frontage of 19 metres to Neerim Road.

Three (3) retail shops and rear warehouse component with a total building area of 958sqm*.

Current Income of $124,630* p.a net with four (4) high-performing established Tenants.

The opportunity presents itself to acquire a commanding Commercial 1 Zone (C1Z) landholding providing multiple development outcomes (STCA).

Situated in the heart of the Murrumbeena shopping strip, opposite the new Murrumbeena Train Station, close to Chadstone Shopping Centre, Monash University, and 15km* south east of the Melbourne CBD.

Inspections by appointment.

For more information please get in touch with the exclusive sales and marketing agents:

Charles Carty 0438 277 050
charles.carty@belleproperty.com

Nick Mavrodoglos 0402 318 825
nick.mavro@belleproperty.com

*Approx.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Charles Carty to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Retail
Block Size:
795 *

Other Details

Lot:
1
Plan:
TP608691
Legal description:
1\TP608691
Belle Property Commercial South Melbourne

Maps and area information

Block information
Block size: 795 (approx)
Legal description: 1\TP608691
Block Map
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history

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Murrumbeena suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
9,996
Listing ID: 181958632. This listing has been viewed 2 times. It was first displayed on 27/09/2023 and last updated on 12/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.