516 City Road, South Melbourne, VIC 3205

Retail | Offices

For Lease

  • Property ID: 371318
  • Floor Area: 122m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
PRIME RETAIL/OFFICE/RESIDENCE OPPORTUNITY - SOUTH MELBOURNE

516 City Road is conveniently located in the heart of South Melbourne, with the South Melbourne Markets, public transport and direct car access to the Westgate Freeway, Citylink and the Melbourne CBD all within close distance.
This property comprises of a ground floor area of approximately 61 sqm, which is an excellent space for retail or office use. The upstairs area is approximately 61 sqm, which could be used as residence or further office space.

Property Features Include:

- Total Floor Area: 122 sqm (approx.)
- Capital City Zone - Schedule 1
- Perfect for Ground Floor Retail/ Office use and Residence/Office use upstairs
- Kitchen and Bathroom Amenities
- Large rear courtyard
- Roller door access for 2 off-street parking spaces
- Air conditioning and heating
- Close to the CBD
- Available Now

Please contact the following agent for further information:

Andrew Manos - 0425 721 222

South Melbourne Suburb Profile

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

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™.
  • 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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