173-175 Gladstone Street, South Melbourne, VIC 3205

Investment | Industrial | Development/Land

For Sale or Lease Contact Agent

  • Property ID: 322521
  • Floor Area: 418m²
  • Land Area: 418m²
Warehouse with Development Potential, sought after Capital City Zone!

This prime inner city warehouse with access points from Gladstone Street and Boundary Street is now available for sale or lease. With Capital City 1 Zoning, this property falls within an exciting framework, offering the potential for mixed use development (STPA) as demonstrated by the recent construction of apartments on either side of the site.

The precinct is bound by the West Gate Freeway, City Road, Boundary Street, Fisherman's Bend and the St Kilda Light Rail line (serviced by the 109 tram), providing great convenience of transport to the area. The Fisherman's Bend precinct plan aims to refresh the inner-city suburb into a sustainable mixed use area accommodating up to 80,000 people in residential zones and employ 80,000 people in an employment zone by 2050.

Key features of the property include:
- 418m2* of building area
- Capital City 1 Zoning
- Sought after Fisherman's Bend redevelopment precinct
- Access from front and rear of the property
- Contracts now available!

Pricing excludes GST.

Additional Information
  • Availability: TBC
  • Zoning: Capital City Zone 1
  • Suitable Development: Residential/Offices
  • Permits Issued: Nil
  • Lease Term: Monthly tenancy
  • Car Spaces: N/A
  • Condition: Good
  • Air Conditioning: No
  • Roller Doors: Two (2) Roller Shutter Door
  • Floors: Concrete
  • Lifts: N/A
  • Sprinklers: N/A
  • Height: 5-6 metres approx
  • Age: circa 1960's
  • Car Parking Fees: N/A
  • Water Rates: $1,200.00 p.a. + GST approx
  • Land Tax: TBA
  • Council Rates: $7,020.00 p.a. + GST approx
  • Owners Corp. / Insurance: $1,200.00 p.a. + GST approx
  • Other Charges: $2,000.00 p.a. + GST approx
South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5452 $613 11.24%
Retail $5733 $341 5.94%
Industrial $5241 $283 5.40%
This is the average advertised price, rent and yield for South Melbourne, VIC 3205*
* 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.
Agency Details

CVA Property Consultants

18-20 Russell Street, Melbourne, VIC 3000

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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 173-175 Gladstone Street, South Melbourne, VIC 3205. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
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  • 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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