SOLD
Sold on 15 Nov 2023 for $3,245,000

104-108 Dover Street
Cremorne VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 379m2
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Sold By
Luke Bisset
Teska & Carson
Matthew Feld
Teska & Carson
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Property Details for 104-108 Dover St, Cremorne

Building Type
Commercial
Year Built
1973
Land Size
379m2
Local Government
Yarra
Lot/Plan
1/TP694390

Last Listing description (November 2023)

Teska Carson is pleased to present 104-108 Dover Street, Cremorne for Private Sale.

A strategic acquisition opportunity for investors, owner-occupiers, value-add buyers and developers in this tightly held precinct of Melbourne, dubbed the innovation capital of Australia.

- Well-presented two (2) level office building with net lettable area of 687sqm* and exceptional natural light throughout.

- A site area of 379sqm* on the corner of Dover Street and Victoria Avenue, benefitting from 40 metres* of frontage.

- Offered with vacant possession

- Commercial 2 zone and multi storey height precedent in the immediate area, allowing significant scope for high density development (STPA)

- Solid existing structure and improvements allow potential for additional levels above (STPA)

- Incredible connectivity to all modes of public transport & major arterial routes

- Unrivalled lifestyle amenity with Swan & Church Streets highly popular retail and hospitality precinct within close proximity

- Richmond is home to national and international tenants such as REA Group, Dentsu, Seek, Uber, Disney, MYOB, Reece, Car Sales and many more

- Walking distance to East Richmond & Richmond Train station and multiple tram lines, all whilst being within 2.5km to Melbournes CBD

*approx.

Please call for further information:

Luke Bisset 0400 344 211

Matthew Feld 0415 803 348

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Property History for 104-108 Dover St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$3,245,000
15 Nov 2023
Listed for Rent
$30k/w
24 Aug 2023
  • 15 Nov 2023
    Sold for $3,245,000
  • 18 Sep 2023
    Listed for Sale Contact Agent
  • 08 Jun 2023
    Listed for Rent $30,000 / year
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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 2,227 properties.

    There are currently 5 properties listed for sale, and 2 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Cremorne.

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