FOR SALE
$3,000,000 - $3,300,000

1 Balmain Street
Cremorne VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 341m2
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Brilliant Owner Occupier or Investment Opportunity in Melbourne's Premier Office/Showroom Precinct

- This exceptional property offers a prime opportunity for both owner-occupiers and investors, located in one of Melbourne's most sought-after office and showroom precincts. The key attributes of this outstanding offering include:Build Area: 341m?*Secure On-Site Parking: Ensuring convenience and peace of mind for occupants.Three Levels of Light-Filled Office Space: Providing a versatile and inspiring working environment.Ideal for Owner-Occupiers or Investors: Suitable for a variety of commercial uses.Unmatched Connectivity: Excellent access to all modes of public transport and major arterial routes, facilitating easy commutes and business operations.Unrivalled Lifestyle Amenity: Close proximity to the highly popular retail and hospitality precincts of Swan and Church Streets, offering a vibrant mix of shops, cafes, and restaurants.Prestigious Neighbourhood: Richmond is home to prestigious national and international tenants, including REA Group, Dentsu, Seek, Uber, Disney, MYOB, Reece, Car Sales, and many more.Proximity to Public Transport: Walking distance to East Richmond and Richmond train stations, as well as multiple tram lines, ensuring seamless connectivity.Near Melbourne's CBD: Located within 2.5 km of Melbournes Central Business District, providing easy access to the city's core.This property combines prime location, excellent amenities, and superior connectivity, making it an ideal choice for those looking to invest in or occupy a high-quality office space in Melbourne's dynamic commercial landscape.

Property Details for 1 Balmain St, Cremorne

Building Type
Commercial
Floor Size
341m2

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About Cremorne 3121

The size of Cremorne is approximately 0.7 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Cremorne in 2011 was 1,564 people. By 2016 the population was 2,040 showing a population growth of 30.4% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation. In 2011, 50.4% of the homes in Cremorne were owner-occupied compared with 48.9% in 2016.

Cremorne has 2,175 properties. Over the last 5 years, Houses in Cremorne have seen a 1.14% increase in median value, while Units have seen a 0.27% increase. As at 30 September 2024:

  • The median value for Houses in Cremorne is $1,285,417 while the median value for Units is $693,411.
  • Houses have a median rent of $800 while Units have a median rent of $645.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Cremorne.

Suburb Insights for Cremorne 3121

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.