FOR SALE
$2,550,000

301/232 La Trobe Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 189m2
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Aurora Melbourne Central Office

3+3 years Lease with Car Park
NO FIRB , No Stamp Duty Surcharge
Unit 301, Level 3, 189sqm
This office stands out as one of Melbourne's most sought-after locations - the heart of Melbourne.
Key attributes of the offering include:
* Dynamic Value add and investment opportunity
* A prime location in the heart of Melbourne - the Aurora Building, facing south with the view of landmarks of Melbourne central. This Building has a total of 86 floors with only five floors of office space.
* ️Downstairs directly to Melbourne Central Metro Station B2, La Trobe Street is right out of the door, with a High volume pedestrian exposure and public transportation facilities, suitable for business expansion.
* ️With parking space, $250,000 renovation, $103,000 annual rent, 3+3 years Lease, stable tenant and high return yield.

Property Details for 301/232 La Trobe St, Melbourne

Building Type
Commercial
Floor Size
189m2

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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,855 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 400 properties listed for sale, and 322 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2111 properties were sold in the past 12 months in Melbourne.

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