1-7 Albert Place, South Melbourne, VIC 3205

Industrial | Offices | Showrooms

Sold

  • Property ID: 445572
  • Floor Area: 275m²
  • Land Area: 367m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 19/07/2024 275m2 367m2 Contact Agent
First Time Ever Offered to the Market – Occupiers, This is the South Melbourne Building and Land You Have Waited For

Stonebridge Property Group is pleased to present for sale 1-7 Albert Place, South Melbourne – a South Melbourne owner occupiers dream boasting 275 sqm* single level warehouse style building PLUS additional 6 car spaces.

The key highlights of the opportunity include:

- Triple street fronted building within the true heart of South Melbourne with unrivalled hospitality, retail and public transport amenity

- Located directly opposite the world renowned South Melbourne Market only 80 m* from the property

- Favourable zoning and multiple street frontages provides scope for a future iconic development (6-levels)**

- Highly versatile building with three street fronting access points and two roller doors for side/rear loading, and potential for additional access via 4th frontage to the South

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

- Potential for business or advertising signage via existing installation on Southern boundary

- Positioned in the epicentre of a globally recognised suburb with unrivalled connectivity to the Melbourne CBD (900 m*) and 1.1 km* to both Albert Park Lake and the Royal Botanic Gardens/Tan Track

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

* Approximately
** STCA

Property Code: 988

South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5038 $234 4.65%
Retail $10395 $241 2.32%
Offices $6007 $538 8.96%
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 Industrial 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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