18 Power Street, Southbank, VIC 3006

Retail | Offices | Medical

For Sale Contact Agent

  • Property ID: 377368
  • Floor Area: 230m²
  • Land Area: 230m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
A Blue-Chip Southbank Retail Opportunity

Savills is delighted to offer for sale this strategically positioned inner-city retail property located at 18 Power Street, Southbank. Located just moments from Crown Casino, this retail property provides an extraordinary opportunity for astute investors and owner occupiers.
18 Power Street has the following key attributes:
• A high profile 230sq m* retail property + outdoor terrace
• Huge retail frontage of 19.4 metres* to Power Street
• Includes one secure car space
• Offered with vacant possession
• Located opposite Crown Casino precinct, an iconic venue which offers world class entertainment, dining and shopping
• Southbank is one of Melbourne’s most densely populated regions, home to over 18,000 residents, 45,000 workers and 80,000 visitors every day^
• Surrounded by the city’s finest amenity been just a short walk to the Promenade, CBD, sports precinct and much more
• A prime Southbank retail opportunity perfectly suited for astute investors and owner occupiers
*Approx.
^melbourne.vic.gov.au
For Private Sale.
Contact Savills Agents:
Nick Peden - 0402 011 266
Mark Stafford - 0404 401 053
In conjunction with Joseph Louis Realty:
Adam Caruso – 0416 102 725

Southbank Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $407 ---
Offices --- $700 ---
Industrial --- $168 ---
This is the average advertised price, rent and yield for Southbank, VIC 3006*

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™.
  • 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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