SOLD
Sold on 17 Apr 2024 for $2,080,000

LEVEL 8/552-554 Lonsdale Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 335m2
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Property Details for Level 8/552-554 Lonsdale St, Melbourne

Building Type
Commercial
Land Size
335m2
Local Government
Melbourne
Lot/Plan
1/PS301487

Last Listing description (August 2024)

Cushman & Wakefield Strata Markets are excited to present for sale Level 8, 552 Lonsdale Street, Melbourne.- Strategically located in Melbournes prestigious Flagstaff precinct, the property sits within the core of Melbournes legal hub with the Supreme, County, and Magistrates Courts as well as VCAT all within walking distance.- Level 8 incorporates a generous open plan entire level floorplate, providing tasteful office accommodation, together with a kitchenette and bathroom facilities.- The whole floor of 274sqm* is offered with Vacant Possession presenting the perfect opportunity for a business to create a home with a premium address.- 270-degree windows provide CBD views and maximise levels of natural light, no matter the time of day.- Access to the property is a breeze, located 300 metres* away from Flagstaff Train Station and doorstep to bus stops, tram stops and multiple car parks providing additional transport convenience.- Your staff and guests will be spoilt for choice when it comes to dining options, with countless cafes, restaurants, and delis all within a short walking distance of the office.*ApproxLevel 8 at 552 Lonsdale Street is offered for sale by International Expressions of Interest closing Tuesday 24 September at 12pm (AEST).For more information, contact Cushman & Wakefield Strata Markets today.Jeff Ha | +61 401 145 166Anthony Kirwan | +61 431 952 430George Davies | +61 421 799 489

Property History for Level 8/552-554 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$2,080,000
17 Apr 2024
  • 22 Aug 2024
    Listed for Sale Contact Cushman & Wakefield Strata Markets today
  • 17 Apr 2024
    Sold for $2,080,000
  • 23 Jan 2024
    Transferred
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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 61,354 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 261 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2070 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.