127 Dorcas Street, South Melbourne, VIC 3205

Retail | Offices | Development/Land

Sold

  • Property ID: 127592
  • Floor Area: 510m²
  • Land Area: 256m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 510m2 256m2 N/A
LANDMARK INVESTMENT IN MIXED USE ZONE

This imposing red brick period building is an outstanding investment opportunity with loads of potential for alternate future uses such as showroom, offices, residential, development (sta).
Currently let at $73,433 pa plus outgoings to The Marquee Club, the property is on a prominent corner site and only moments from Southbank and the City.
Land approx 256sqm, Building area approx 510sqm.

South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5264 $653 12.40%
Industrial --- $256 ---
Retail $5633 $494 8.77%
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 Retail 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:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 127 Dorcas Street, South Melbourne, VIC 3205. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 127 Dorcas Street, South Melbourne, VIC 3205. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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