SOLD
Sold on 05 Jun 2024 for $353,000

392-396 Little Collins Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: -
Car spaces: -
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Property Details for 392-396 Little Collins St, Melbourne

Building Type
Commercial
Year Built
1900
Local Government
Melbourne
Lot/Plan
2/PS336302

Last Listing description (November 2021)

CHARACTER FILLED RETAIL/SHOWROOM

Cushman & Wakefield is excited to present for lease 392 Little Collins Street, Melbourne.

Fairfax House is an impressive five-storey brick building with bluestone footings, with a large and unique restaurant/showroom opportunity in the lower ground now available.

Offering plenty of character and charm, this versatile retail space is located on the corner of Little Collins Street & Penfolds Place, opposite the new, redeveloped 100 Queen Street (Former ANZ) and close to the new NAB Head Office development at 405 Bourke Street.

The lower ground has a wide entrance from Little Collins Street and includes a kitchen area, toilets and bar that an incoming F&B tenant could take advantage of.

Our team is ready to assist with your enquiry. Please contact the C&W retail leasing team today for more information.

Property History for 392-396 Little Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$353,000
05 Jun 2024
  • 22 Jun 2021
    Listed for Rent - Price not available
  • 07 Jan 2020
    Listed for Rent $800 Per Week
  • 01 Nov 2018
    Listed for Rent - Price not available
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 61,547 properties. Over the last 5 years, Houses in Melbourne have seen a 14.85% increase in median value, while Units have seen a -3.54% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,252,430 while the median value for Units is $449,245.
  • Houses have a median rent of $588 while Units have a median rent of $650.
There are currently 386 properties listed for sale, and 339 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2217 properties were sold in the past 12 months in Melbourne.

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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.