205/370 St Kilda RoadMelbourne VIC 3004
Property Details for 205/370 St Kilda Rd, Melbourne
Last Listing description (April 2019)
A prime office investment in a beautifully presented building on St Kilda Road.
This office suite is perfectly located near Melbourne CBD, with stunning views of the Shrine of Remembrance and surrounding gardens.
Property Features Include:
- Total Floor Area: 60 sqm approx.
- Commercial 1 Zone
- Close to CBD
- Roof top terrace with spectacular views of the Shrine of Remembrance
- Securely leased $26,771.89 per annum + GST, Outgoings inclusive
- Lease Terms: 3 years (commenced 11/02/2019) with one further term of 3 year option
- 4% annual increases and market review on the 11/02/2022
Inspection recommended
For further information or to arrange an inspection, please call the following agents:
Andrew Manos - 0425 721 222
Lan Nguyen - 0431 688 339
Property History for 205/370 St Kilda Rd, Melbourne, VIC 3004
- 28 May 2024Sold for $215,000
- 12 Apr 2019Sold for $250,000
- 12 Mar 2019Listed for Sale Not Disclosed
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About Melbourne 3004
The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 13,428 properties. Over the last 5 years, Houses in Melbourne have seen a 15.95% increase in median value, while Units have seen a -5.15% decrease. As at 31 October 2024:
- The median value for Houses in Melbourne is $1,437,130 while the median value for Units is $659,144.
- Houses have a median rent of $620 while Units have a median rent of $625.
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