190 Gladstone Street, South Melbourne, VIC 3205

Offices | Medical | Development/Land

For Sale AUCTION

Auction: Thursday, May 9, 10:30 AM

  • Property ID: 442535
  • Floor Area: 80m²
  • Land Area: 128m²
  • Occupancy: Vacant
South Melbourne Dual Frontage Landholding with Flexible Capital City Zone for Future Development Potential

Stonebridge Property Group is pleased to present 190 Gladstone Street, South Melbourne for sale via Public On-site Auction.

The key highlights of the opportunity include:

- A freehold city fringe building with two street frontages situated in a favourable Capital City Zone that provides a range of future leasing, occupation or development options

- Development potential with a height of 4 levels under the Fishermans Bend – Montague Precinct Structure Plan. Planning advice from proUrban available upon request

- Significant 128 sqm* landholding improved with a commercial building previously utilised for office, medical, retail, and residential purposes

- Oversized and well-parked street which provides convenient access to the property for customers or owner occupants

- Wide laneway providing rear access – ideal for secondary tenancy access or goods loading

- Existing building ideal for the owner occupation of businesses including graphic designers, marketing agencies, photographers, architects, builders, developers, sound studios, family offices, engineers and many more (STCA)

- Positioned to benefit from the amenity-rich pocket with blue chip café and hospitality all within walking distance - Golden Fleece Hotel (240 m*), Montague Light Rail Station (100 m*), Foxtrot Café (25 m*), Westside Ale Work (180 m*), and the famous Railway Club Hotel (378 m*) and Rubiras (225 m*)

190 Gladstone Street, South Melbourne is for sale via Public On-site Auction Thursday 9th May 2024 at 10:30AM (AEST). To obtain further information or to arrange an inspection, 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: 917

South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5413 $252 4.66%
Offices $6942 $508 7.32%
Retail $11875 $310 2.61%
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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