OFF MARKET

381 Punt Road
Cremorne VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 30 Sep 2024
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Property Details for 381 Punt Rd, Cremorne

381 Punt Rd, Cremorne is a 2 bedroom, 2 bathroom Unit and was built in 2011.

Building Type
Unit
Year Built
2011
Local Government
Yarra

Last Listing description (September 2021)

CBRE Melbourne in conjunction with Castran are pleased to bring to the market 381 Punt Road, Cremorne for sale via Public Expressions of Interest closing Friday 16th November 2018 at 1:00PM (AEDT.

We highlight some key features below:

- Two (2) brand new office spaces totaling 564sqm*, to be offered separately or together

- Flexible light filled tenancies suiting a variety of modern businesses

- Three (3) year net lease returning $375,000 pa*, with favourable clause to suit occupiers

- 13 highly sought after secure car parks with rear laneway access

- Unprecedented tenant demand & the lowest CBD fringe office vacancy rate of 1%*

- Located across the road from Melbourne's most famed sporting attractions including the MCG and AAMI Park

- Richmond Train Station on your doorstep and immediate access to the Melbourne CBD

- Premium retail & dining amenity along the Swan Street retail strip

CBRE Melbourne

Rorey James
+61 439 400 081

Nathan Mufale
+61 416 789 218

Jing Jun Heng
+61 411 059 116

Castran

Lachlan Castran
+61 475 000 888

John Castran
+61 411 502 424

Property History for 381 Punt Rd, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Listed for Rent
02 Oct 2020
  • 02 Sep 2021
    Listed for Sale Contact Agent
  • 10 Mar 2020
    Listed for Rent $450 / week
  • 19 Aug 2019
    Listed for Sale Please contact agent
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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 2,226 properties. Over the last 5 years, Houses in Cremorne have seen a 1.14% increase in median value, while Units have seen a 0.27% increase. As at 30 September 2024:

  • The median value for Houses in Cremorne is $1,285,417 while the median value for Units is $693,411.
  • Houses have a median rent of $800 while Units have a median rent of $645.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 92 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.