FOR SALE
$260,000 ONO

418/370 St Kilda Road
Melbourne VIC 3004

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 44m2
Land area: 43.8m2
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PRIME Refurbished OFFICE with 1 onsite Car Park

This 44m2* approx. Office suite has been fully repainted, has new LED lighting, carpets and blinds and is ready to be occupied. Current lease expires 19 June 2024 as such a GOING CONCERN may apply and GST may not be payable. The Current Tenant may leave early if required.
Features include:
- Great natural light
- Amazing roof top business lounge, seats 30+, also a roof top terrace looking to the shrine and the CBD.
- Building has fast internet*, Foxtel also available*.
- ONE onsite car park included, (there is an annual State Govt Congestion Levy of $1590pa, https://www.sro.vic.gov.au/car-parks/claim-levy-exemption) Commercial Car Park on-site.
- 24/7 Air-conditioning available, new system just installed, with own temp controls.
- Cafes abound all around the building, also convenience stores nearby.
- Surrounded by parks and gardens, walk or run at lunch time, with showers on-site.
- Brilliant access to public transport at the front door, also the new Anzac Train station is about a 100 meters away.
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Property Details for 418/370 St Kilda Rd, Melbourne

Building Type
Commercial
Floor Size
44m2
Land Size
43.8m2

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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 13,570 properties. Over the last 5 years, Houses in Melbourne have seen a 64.85% increase in median value, while Units have seen a -7.33% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,999,879 while the median value for Units is $648,017.
  • Houses have a median rent of $600 while Units have a median rent of $630.
There are currently 88 properties listed for sale, and 50 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 643 properties were sold in the past 12 months in Melbourne.

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