5 Emerald Way, South Melbourne, VIC 3205

Retail | Offices | Showrooms

Sold $1,250,000

  • Property ID: 245406
  • Floor Area: 185m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 185m2 N/A N/A
A STUNNING OFFICE OR OFFICE AND CARETAKER DWELLING

This architecturally designed modern office or office and caretaker residence is wonderfully located in a South Melbourne mews only a stroll to Clarendon Street, the city, Southbank, South Melbourne Market and multiple tram routes.

Set over 3 levels plus a basement garage/storage and in pristine condition, the property is bathed in light through partitioned or open plan multi-functional spaces opening to 2 separate decks.
An excellent in line kitchen and 2 bathrooms offer full amenities for either fitness addicts or those wishing to reside in the property.

The garage offers parking for 3 cars and further permit parking on street is available by applicatiion.

Ideal as a hassle free office, office with overnight accommodation or city pad, or a great long term investment. Current tenant has 2 years to run.

South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5413 $508 9.39%
Industrial $5413 $228 4.21%
Retail $11875 $299 2.52%
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 5 Emerald Way, 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 5 Emerald Way, 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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