Unit 3, 119-123 Adderley Street, West Melbourne, VIC 3003

Offices | Showrooms | Industrial

Sold

Sold

  • Property ID: 414858
  • Floor Area: 721m²
  • Land Area: 536m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 3 Sold N/A 721m2 536m2 Contact Agent
OUTSTANDING CITY FRINGE OPPORTUNITY

Vinci Carbone are pleased to offer for sale a truly remarkable and unique commercial premises in one of West Melbourne’s premier locations at Unit 3, 119-123 Adderley Street.

The availability of this outstanding city fringe property represents an extremely rare opportunity for owner occupiers or investors to secure an impressive part two level office/warehouse of 721 sqm* plus secure car parking for 6 cars on the doorstep of the CBD.

Key highlights

Impressive part two level office/warehouse of 721 sqm* with on-site parking for 6 cars
Rare opportunity for owner occupiers/investors to acquire a substantial holding in this highly sought after location
Over 536 sqm of Special Use Zone - Schedule 6 with a 13.32 metre* street frontage
Offered with vacant possession
Quality fit-out providing flexible options

Within close proximity of the subject property is the Errol Street retail strip which has emerged as one of Melbourne’s most successful café and retail strips, also only 2.1 kilometres* from the District Docklands which contains a full line Woolworths Supermarket as well as Australian and international brands including H&M, UNIQLO, Cotton On, FILA, Kathmandu, Bonds, Miniso and many more.

Rarely does a unique strata freehold in such a highly sought after location become available for sale within close proximity to some of Australia’s best and renowned educational and medical facilities including Melbourne University, RMIT, Royal Melbourne Hospital, the Royal Women’s and Children’s Hospitals as well as Queen Victoria Market, Flagstaff Gardens, Docklands and the CBD.

North Melbourne Train Station is located only 1 kilometre* from the property and bus services operate along Dudley Street and Spencer Street, providing excellent public transport access.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 28 JULY AT 4PM

*approx

Additional Information
Features
  • Car Spaces: 6
West Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7092 $251 3.54%
Offices $6403 $307 4.79%
Industrial $2817 $275 9.77%
This is the average advertised price, rent and yield for West Melbourne, VIC 3003*

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.

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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