2/219-221 Park StreetSouth Melbourne VIC 3205
Property Details for 2/219-221 Park St, South Melbourne
Last Listing description (August 2013)
An attractive opportunity is indeed on offer...Due to illness of the proprietor, this highly successful and visible retail shop is an outstanding location - adjacent to Australia Post and opposite a number of recognised retailers.
Available to lease and likely to suit a wide variety of uses from a food operator (taking advantage of the wide north facing pavement) or to the professional requiring office accommodation.
Benefit from this recognised corporate address.
Inspect by appointment only - Excellent terms offered.
Contact Leila Timmer for further information on 0418 388 728.
Leila Timmer : 0418 388 728
Property History for 2/219-221 Park St, South Melbourne, VIC 3205
- 24 Jun 2024Sold for $1,350,000
- 24 Apr 2013Listed for Rent $45,000 / year
- 22 Jun 2012Listed for Rent $40,031 / year
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About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.
South Melbourne has 11,164 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:
- The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
- Houses have a median rent of $700 while Units have a median rent of $625.
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