536 City Road, South Melbourne, VIC 3205

Offices | Retail | Other

Sold $1,550,000

  • Property ID: 410112
  • Floor Area: 180m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 180m2 N/A N/A
LIVE, WORK & PLAY

• Prime City Fringe location
• Commercial ground floor and residential first floor
• Large land with valuable rear access

DBRE and Aston Commercial are pleased to offer 536 City Road, South Melbourne for sale.

This is a classic period style shopfront with a first-floor residence located in the ever popular and fast evolving suburb of South Melbourne. Upstairs and downstairs have separate entrances allowing for dual incomes and the ultimate flexibility for investors and owner occupiers alike. Currently on a month by month tenancy to two separate tenants there is a benefit of short term income.

Key details-

• Land size of 193 sqm*
• Rear access via ROW
• Two individual tenancies with monthly overholding income
• Building area of approximately 180 sqm*
• Capital City Zone
• Only 300 meters to iconic South Melbourne Market
•
Well-positioned for retail, professional & residential use

*Approx


Build a business or live a life with a rental safety net, or live where you work, & enjoy the ultimate work/life balance that 536 City Road offers. DBRE & Aston Commercial highly recommend this great flexible city fringe offering for your serious consideration.

South Melbourne Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5413 $252 4.66%
Offices $6942 $508 7.32%
Retail $11875 $310 2.61%
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 Offices 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.
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  DBRE Pty Ltd

 

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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™.
  • 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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