118 Moray Street, South Melbourne, Vic 3205

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House
Type
2
Bedrooms
3
Bathrooms
2
Parkings
113 m²
Area

Last updated on Wednesday, June 17, 2026 ( See property details for 118 Moray Street, South Melbourne, Vic 3205)

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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile commercial and caretakers building in the heart of South Melbourne offering flexible use options, development potential, and prime positioning.

🏡 Property Highlights

  • Expansive 246 sqm building area with rear lane access
  • Flexible layout with three compartmentalised sections for multiple uses
  • Well-maintained interiors with minimal refurbishment required
  • Favourable Commercial 2 zoning with development upside (STCA)
  • Prime location opposite the $200m+ 101 Moray Street office building
  • Walking distance to South Melbourne Market, cafes, and retail precincts

✨ Key Features

  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Outdoor Area
  • Built-in Robes
  • Home Office / Study

South Melbourne is a vibrant and rapidly evolving suburb renowned for its dynamic mix of commercial and retail spaces. Key points include: a thriving business hub with landmark developments, excellent walkability to markets and cafes, strategic location opposite major office buildings, strong future growth prospects, and a diverse community atmosphere that combines historic charm with modern amenities.

What are the current zoning regulations and future development potential for this property?
The property is zoned Commercial 2 (C2Z), allowing for a maximum height of 23.5 metres or 6 storeys, with potential for future development or longer-term exit strategies subject to council approval (STCA).
Can the building be split into multiple tenancies, and what are the existing configurations?
Yes, the building has three compartmentalised sections, including a caretakers residence, retail shop, and commercial office, with rear access facilitating multiple tenancies.
What are the key features that make this property suitable for owner-occupiers or investors?
The property offers flexible use options, minimal refurbishment requirements, high-quality office improvements, and a prime location opposite landmark developments, making it ideal for owner-occupiers or investors seeking future growth.
Are there any existing rental assessments or income opportunities?
Yes, an existing market rental assessment is available upon request, providing insight into potential income streams.
What amenities and infrastructure are available nearby?
The property is within walking distance to South Melbourne Market, cafes such as ST. ALi Coffee, retail precincts on Clarendon Street, and is positioned opposite the 101 Moray Street office building with ground-floor hospitality options.
Are there any planning or zoning restrictions that could limit future development or use of the property? What are the total costs involved in the auction purchase, including stamp duty, legal fees, and any strata or body corporate levies? Are there any existing defects, structural issues, or ongoing maintenance concerns with the building? Is there any nearby construction or planning activity that could impact the property's value or usage? What are the specific easements, covenants, or restrictions affecting the property?

118 Moray Street, South Melbourne, Vic 3205 - More Details

Contact agent

Type
House
Bedrooms
2
Bathrooms
3
Parkings
2
Area
113 m²

Price guide

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