1-3 Ross Street, South Melbourne, VIC 3205

Offices | Industrial | Development/Land

For Sale Asking Price: $3,925,000

  • Property ID: 436573
  • Floor Area: 460m²
  • Land Area: 357m²
  • Occupancy: Vacant
Triple Frontage Corner Warehouse & Office with Dual Roller Doors in Blue Chip South Melbourne Pocket

Stonebridge Property Group is pleased to present for sale 1-3 Ross Street, South Melbourne.

1-3 Ross Street is the sale of a highly versatile freehold warehouse & office in arguably South Melbourne’s most sought after commercial/retail precinct.

The key highlights of the opportunity include:

- A prime 460 sqm* triple street/laneway fronted freehold bolstered by 2 x container height roller doors, 4 m* internal height clearance, first floor office and side laneway/rear access

- Strategic 357 sqm* landholding zoned Commercial 2 (C2Z) allowing for office, warehouse, conversion, retail, coffee roaster, brewery, distribution, factory and/or other specialty uses (STCA)

- Flexible building profile with existing separate pedestrian access to ground and first floor. This allows multiple businesses to operate from the building with no capital expenditure needed

- Within design and development overlay eight (DDO8) allowing for significant future development upside with surrounding planning permits ranging between 6, 8 and 9 level (STCA)

- Short term holding income ideal for owner occupiers and suiting the following businesses: graphic designers, marketing agencies, architects, builders, developers, sound studio, family offices, engineers and more

- 50 m* from one of Melbourne’s premier city fringe commercial buildings 101 Moray Street, South Melbourne anchored by Adobe, Triple M Melbourne, Fox FM and advertising agency oOh!

- Positioned to benefit from the amenity of South Melbourne’s strongest retail pocket - Home to ST.ALi, Vintage Cellars, Caramel Creative (marketing agency), Saint Domain (barbers), United Training Grounds (fitness), Factory Sound (music retailer), Argo Group (developers) and The Base (sound studio) - all within 200 m* of the property

- Neighbouring Clarendon Street retail precinct home to major national retailers namely, Coles (200 m*), Pizza Hut (115 m*), Anytime Fitness (215 m*), Subway (200 m*), Hunky Dory (275 m*) and Betty’s Burgers (250 m*)

- Rare opportunity to secure a freehold warehouse/office building in Melbourne's most in demand city fringe suburb

To obtain further information, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Chao Zhang ??
0411 625 068

*Approximately

Property Code: 755

South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5413 $252 4.66%
Retail $11875 $310 2.61%
Offices $6942 $508 7.32%
This is the average advertised price, rent and yield for South Melbourne, VIC 3205*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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