138 Thistlethwaite Street, South Melbourne, VIC 3205

Offices | Industrial | Showrooms

For Sale AUCTION

Auction: Friday, Jun 28, 10:30 AM

  • Property ID: 444936
  • Floor Area: 350m²
  • Land Area: 185m²
  • Occupancy: Vacant
Corner South Melbourne Building with Holding Income, Owner Occupation and Development Potential

Stonebridge Property Group is pleased to present for sale 138 Thistlethwaite Street, South Melbourne, via Public On-site Auction.

Key highlights of the property include:

- Prime two-level 350 sqm* building with 3 street frontages and ample natural light

- Highly functional internal building with no refurbishment needed boasting natural light on 3 sides, modern kitchens and meeting rooms

- Office space ideal for the owner occupation of businesses including graphic designers, marketing agencies, photographers, architects, builders, developers, sound studios, family offices, engineers and many more

- Ability to owner occupy immediately noting the current month-to-month tenant arrangement

- Positioned to benefit from the amenity rich pocket with blue chip café and hospitality all within walking distance - Golden Fleece Hotel (250 m*), Montague Light Rail Station (450 m*), Foxtrot Café (350 m*), Westside Ale Work (90 m*), the famous Railway Club Hotel (600 m*) and Rubira’s (450 m*)

- Within a flexible Capital City Zone, providing scope for a variety of uses including office, residential, retail, medical or hospitality

- 185 sqm* landholding with zoning that has a flexible height limit of 8 levels creating the opportunity for future development upside or exit strategy

- Rare opportunity to secure a freehold office building in one of Melbourne's most in demand city fringe suburbs

138 Thistlethwaite Street, South Melbourne is for sale via Public On-site Auction Friday 28th June 2024 at 10:30AM (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Chao Zhang ??
0411 625 068

Tony Sun ???
0432 022 868

* Approximately

Property Code: 971

South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5840 $486 8.32%
Industrial $5739 $234 4.08%
Retail $7987 $281 3.52%
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.

Property Detail Notes:

  • 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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