SOLD
Sold on 21 May 2024 for $390,000

230/85 Market Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
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MICM Real Estate
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Property Details for 230/85 Market St, South Melbourne

Building Type
Commercial
Year Built
2017
Floor Size
54m2
Local Government
Port Phillip
Lot/Plan
230/PS721500

Last Listing description (June 2024)

UNFURNISHED * Photo has been virtual staged.

Overflowing with sunlit space, this elegant 1 bedroom apartment rises above the pack within footsteps of iconic South Melbourne Market. Explore the surrounding neighbourhood and discover Clarendon Street attractions, Aldi, Woolworths, transport choice and a superior selection of cafes, bars, pubs and restaurants.


Discover a chef-friendly kitchen showcasing smooth stone surfaces, a waterfall-edged breakfast bar. An open layout boasts dedicated zones for light-filled living and dining, before connecting with an east-facing undercover balcony capturing the warmth of morning sunlight with ease. The generously sized bedroom is filled with natural light, serviced by a fully tiled bathroom highlighting stone detailing and laundry capacity.

Set on the second floor of the ultra-stylish Teri building, take full advantage of a storage cage, room for a study nook, split-system heating and cooling, double glazing, lightly toned oak flooring, durable carpet, recessed LED down-lighting and roller blinds. The complex comes complete with video intercom security, super-fast NBN readiness, lift access and exclusive use of a shared skyline terrace offering BBQ facilities, a kitchen, firepit and an alfresco area. Inspect today!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

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Property History for 230/85 Market St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$390,000
21 May 2024
Listed for Rent
$530/w
24 Jun 2024
  • 17 Jun 2024
    Listed for Rent $530 / week
  • 21 May 2024
    Sold for $390,000
  • 18 Apr 2024
    Listed for Sale Contact Agent
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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 11,208 properties. Over the last 5 years, Houses in South Melbourne have seen a 41.91% increase in median value, while Units have seen a 3.21% increase. As at 31 July 2024:

  • The median value for Houses in South Melbourne is $1,819,918 while the median value for Units is $588,528.
  • Houses have a median rent of $760 while Units have a median rent of $620.
There are currently 35 properties listed for sale, and 49 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 441 properties were sold in the past 12 months in South melbourne.

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