OFF MARKET

88 Kerr Street
Fitzroy VIC 3065

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 124m2
Land area: 1204m2
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Last updated 16 Dec 2024
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Property Details for 88 Kerr St, Fitzroy

88 Kerr St, Fitzroy is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2021. The property has a land size of 1204m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
2021
Floor Size
124m2
Land Size
1204m2
Local Government
Yarra
Lot/Plan
1/TP702322

Last Listing description (September 2021)

The Savills CBD & Metropolitan Sales team is delighted to offer for sale this incredible landmark property located at 71-75 Argyle Street, Fitzroy.

Rarely is such a premium corner landholding offered to the market in such a highly sought after location, surrounded by a full range of retail and lifestyle amenity.

The key attributes of the property include:

- Landmark corner site of 1,059sq m*
- 2 street frontages with a combined frontage of 65m*
- Flexible Mixed Use zoning
- Existing two-level office building with ample car parking
- Highly sought location only 50m* from Brunswick Street and 1km* to the CBD
- Significant development potential, with height precedents up to 11 levels in the immediate area
- Flexible options to develop, occupy, convert or value-add
- An incredibly rare opportunity to secure a premium Fitzroy landholding
- Flexible settlement terms available

This is a rare opportunity to secure a fantastic city fringe property in one of Melbourne's booming apartment locations underpinned by a significant landholding of over 1,000sq m*. Accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.

71 75 Argyle Street, Fitzroy (Cnr Fitzroy Street) is For Sale by Expressions of Interest closing Wednesday 25th May at 2pm.
For further information, please contact:

Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655

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Property History for 88 Kerr St, Fitzroy, VIC 3065

A timeline of how this property has performed in the market
Last Sold
$8,550,000
16 Jan 2020
  • 16 Jan 2020
    Sold for $8,550,000
  • 08 May 2019
    Sold for $7,260,000
  • 08 Jul 2016
    Listed for Sale Not Disclosed
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About Fitzroy 3065

The size of Fitzroy is approximately 1.4 square kilometres. It has 8 parks covering nearly 2.7% of total area. The population of Fitzroy in 2011 was 9,431 people. By 2016 the population was 10,439 showing a population growth of 10.7% in the area during that time. The predominant age group in Fitzroy is 20-29 years. Households in Fitzroy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fitzroy work in a professional occupation. In 2011, 36.5% of the homes in Fitzroy were owner-occupied compared with 34.5% in 2016.

Fitzroy has 8,667 properties. Over the last 5 years, Houses in Fitzroy have seen a 5.51% increase in median value, while Units have seen a -13.13% decrease. As at 30 November 2024:

  • The median value for Houses in Fitzroy is $1,607,403 while the median value for Units is $747,057.
  • Houses have a median rent of $800 while Units have a median rent of $643.
There are currently 17 properties listed for sale, and 13 properties listed for rent in Fitzroy on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Fitzroy.

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