CBRE is delighted to exclusively offer 260-262 Normanby Road, South Melbourne, for lease.
This high exposure showroom warehouse is located in the heart of Melbourne on Normanby Road. The property has direct access to Citylink, West Gate Freeway and Docklands Highway, whilst the South Melbourne Market, Crown Casino, Melbourne CBD & Docklands are all within walking distance. The sporting precinct, Port Melbourne Beach and Albert Park lake are less than 2km* away
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:
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