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CBRE - VIC

THE WATER RAT HOTEL, 256-258 Moray Street South Melbourne, VIC 3205

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THE WATER RAT HOTEL, 256-258 Moray Street,
South Melbourne, VIC 3205

Hotel, Motel & Leisure • Shops & Retail

Key property information

Floor area

Property extent

Tenure type

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CBRE - VIC

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
03 9613 04...
CBRE - VIC
THE WATER RAT HOTEL, 256-258 Moray Street
South Melbourne, VIC 3205

Map of THE WATER RAT HOTEL, 256-258 Moray Street

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A TRUE SOUTH MELBOURNE ICON – THE WATER RAT HOTEL

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Prime two (2) storey freehold building providing in excess of 513sqm* building area and 314sqm* of land area

An Iconic bayside corner hotel with vast street frontages to both Park Street and Moray Street

Short term net income of $100,000* + GST with no further options

Fully renovated providing multiple seating areas including rooftop deck and function areas

Highly favourable Mixed Use Zone providing for future development potential (STPA)

Located only 2.5km* from the Melbourne CBD within the fast growing South Melbourne area benefiting from a number of large scale residential and commercial developments in the immediate area

Highly accessible by all forms of public transport including tram
stops less than 20m* away, direct access to Kings Way and
West Gate Freeway

South Melbourne, 3205 demographic data

The median household income for South Melbourne is $2,101, 11% higher than Greater Melbourne's household income of $1,901. South Melbourne has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 53% of property owners in South Melbourne have a mortgage.

11,548
Population
$2,101 per week
Median household income
39 years
Median age
Renters
Most residents
Families
Most households
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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