FOR SALE
$199,000

214/566 St Kilda Road
Melbourne VIC 3004

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 54m2
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Excellent Space, Excellent Location, Great Return! .... $21,600 net return

This is an excellent option for anyone looking for private office spaces that allows for numerous staff to work as a team or privately in offices. Currently leased with a net income of $21,600 from June 2024 until June 2025. Strong long term tenant that has been there for many years previously. With plenty of natural light flowing through from the outdoor space you won't be disappointed. Get some fresh air on the outdoor balcony or celebrate company successes after work finishes. Located in a sought after building "The Jewel" it is close to everything you need. Plenty of transport links at your doorstep, easy access to the CDB, Dining, Shopping and a perfect location for any business to thrive.
Features Include;
- Office 54m2
- NBN Ready
- Heating and cooling
- Caf?
- 24-hour access
- Common amenities
Enquire today!

Property Details for 214/566 St Kilda Rd, Melbourne

Building Type
Commercial
Floor Size
54m2

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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 13,429 properties. Over the last 5 years, Houses in Melbourne have seen a 10.42% increase in median value, while Units have seen a -4.84% decrease. As at 30 September 2024:

  • The median value for Houses in Melbourne is $1,244,874 while the median value for Units is $659,247.
  • Houses have a median rent of $628 while Units have a median rent of $630.
There are currently 91 properties listed for sale, and 42 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 622 properties were sold in the past 12 months in Melbourne.

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