SOLD
Sold on 20 Sep 2024 for $4,350,000

131-135 Dover Street
Cremorne VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: 3
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Property Details for 131-135 Dover St, Cremorne

Building Type
Commercial
Local Government
Yarra
Lot/Plan
4/LP41944

Last Listing description (February 2023)

SHORT TERM FIRST FLOOR OFFICE/SHOWROOM SPACE

Teska Carson is pleased to present for lease, 131 Dover Street offering two versatile self-contained tenancies, perfect for the budget-conscious tenant.

Well located, the site provides immediate access to the Monash Freeway via Cremorne Street and is also a short walk to Richmond Station and on-site parking.

This a 12 MONTH LEASE with month to month opportunity.

Ground Floor tenancy - 270sqm - available now

First Floor tenancy - 370sqm - available now

Total Building tenancy - 640sqm - available now

The property features:
- an abundance of natural light
- short term lease
- landlord intensives with good terms
- offered with existing partitions, heating/cooling and kitchen facilities
- three on-site car parks for each tenancy
- private entrance with signage rights.

Please do not hesitate to call for further information or to arrange an inspection.

Property History for 131-135 Dover St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$4,350,000
20 Sep 2024
  • 22 Jun 2022
    Listed for Rent - Price not available
  • 04 Aug 2020
    Listed for Rent - Price not available

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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. Over the last 5 years, Houses in Cremorne have seen a -6.55% decrease in median value, while Units have seen a 4.41% increase. As at 30 November 2024:

  • The median value for Houses in Cremorne is $1,266,798 while the median value for Units is $703,379.
  • Houses have a median rent of $763 while Units have a median rent of $645.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Cremorne.

Suburb Insights for Cremorne 3121

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Disclaimer
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.