Prominent Development Opportunity
EXPRESSIONS OF INTEREST CLOSING Wednesday 14th December 3:00pm
• Premium High Exposure Location
• Combined frontage 84m*
• Total Land Area 1210m2*
• Mixed Use Zone – Schedule 1
Gary Peer and Associates is delighted to offer this outstanding Mixed Use development opportunity in this rapidly developing strategic location.
Key attributes of this opportunity include:
• Total Land Area 1210m2*
• Mixed Use Zone – Schedule 1
• Combined frontage of 84m to Neerim Road and Hobart Street
• Opposite Mururmbeena Station
• Emerging Café Precinct
• Murrumbeena Median House Value $1,503,000
• Murrumbeena Median Unit Value $649,000
• Currently leased to National tenant
*Approximate Title Dimensions
• Premium High Exposure Location
• Combined frontage 84m*
• Total Land Area 1210m2*
• Mixed Use Zone – Schedule 1
Gary Peer and Associates is delighted to offer this outstanding Mixed Use development opportunity in this rapidly developing strategic location.
Key attributes of this opportunity include:
• Total Land Area 1210m2*
• Mixed Use Zone – Schedule 1
• Combined frontage of 84m to Neerim Road and Hobart Street
• Opposite Mururmbeena Station
• Emerging Café Precinct
• Murrumbeena Median House Value $1,503,000
• Murrumbeena Median Unit Value $649,000
• Currently leased to National tenant
*Approximate Title Dimensions
Murrumbeena suburb statistics
Houses*
Median sale price
$1,693,000
Quarterly price change
4.90%
Units*
Median sale price
$675,000
Quarterly price change
1.48%
Sales insights
Auction clearance rate*
83%
Median days on market∧
24 days
Total sold properties*
55
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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