12 Lansdowne StreetEast Melbourne VIC 3002
Property Details for 12 Lansdowne St, East Melbourne
Last Listing description (November 2023)
Colliers Melbourne Investment Services are pleased to present this exceptional standalone East Melbourne asset superbly located on the doorstep of the CBD. 12 Lansdowne Street, East Melbourne is being offered For Sale by Public Auction on Tuesday 19th of December 2023 at 2:30pm AEDT.
Featuring a Commercial 1 Zone landholding of 157sqm* with frontage to Lansdowne Street and Providence Lane, as well as capital improvements that comprise of 75sqm* single level building & rear hardstand for car parking. Further complementing the offering is short-term holding income.
12 Lansdowne Street sits amongst some of Melbourne's premier hospitals, including St Vincent's Hospital, Royal Victorian Eye & Ear Hospital, Epworth Freemasons, as well as a myriad of medical consulting practices on Victoria Parade and Albert Street.
Fitzroy Gardens, Treasury Gardens and Parliament Gardens are within minutes of your front door, whilst tram services along Victoria Parade, Spring Street, Gisborne Street, and train services at Parliament Station keep you well connected to the CBD and surrounding suburbs.
- 157sqm* East Melbourne landholding
- Single-level 75sqm* Victorian Terrace
- Short term, holding income in place
- 2 on-site car spaces
- Well suited to medical, commercial or residential use (STCA)
- World class lifestyle amenity within metres of your front door
- Close proximity to train and tram services
To arrange an inspection or receive further information, please reach out to the exclusive selling agents today.
*approx.
Property History for 12 Lansdowne St, East Melbourne, VIC 3002
- 22 Apr 2024Sold for $1,850,000
- 24 Nov 2023Listed for Sale Please contact agent
- 13 Oct 2020Transferred
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About East Melbourne 3002
The size of East Melbourne is approximately 1.9 square kilometres. It has 10 parks covering nearly 46% of total area. The population of East Melbourne in 2011 was 4,714 people. By 2016 the population was 4,987 showing a population growth of 5.8% in the area during that time. The predominant age group in East Melbourne is 30-39 years. Households in East Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in East Melbourne work in a professional occupation. In 2011, 42.8% of the homes in East Melbourne were owner-occupied compared with 43.6% in 2016.
East Melbourne has 5,754 properties. Over the last 5 years, Houses in East Melbourne have seen a -18.72% decrease in median value, while Units have seen a 8.82% increase. As at 30 November 2024:
- The median value for Houses in East Melbourne is $3,150,238 while the median value for Units is $802,764.
- Houses have a median rent of $1,100 while Units have a median rent of $625.
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