SOLD
Sold on 04 Jun 2024 for $375,000

486 City Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: -
Car spaces: -
Floor area: 108m2
Land area: 870m2
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Property Details for 486 City Rd, South Melbourne

486 City Rd, South Melbourne is a 1 bedroom, 0 bathroom Unit. The property has a land size of 870m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Floor Size
108m2
Land Size
870m2
Local Government
Port Phillip
Lot/Plan
2/LP58406

Last Listing description (May 2022)

Conquest Commercial are pleased to offer this exceptional property which provides tenants with several options and potential uses (STCA). The building consists of a combination of office, showroom and warehouse capabilities. Other attributes of this unique opportunity are:

- The warehouse was expertly converted into showroom by the current tenant and equates to approx 480 sqm. This area can be converted back to warehouse should a tenant require.
- The office areas throughout the building equate to approx 475 sqm and include a brand new 2 floor office at the rear of the warehouse and refurbished Ground, 1st and 2nd floor offices at the front of the property.

- Renovated kitchen, shower and breakout areas aplenty.
- The refurbishment and renovation that was conducted is to an extremely high quality.
- Carparking for 4-6 Carspaces at the front of the property.
- Roller Door Access off City Road.
- Massive main Road exposure and signage possibilities (STCA)

The property is ideally located in the heart of South Melbourne, providing
excellent access to the Westgate Freeway, Citylink, CBD and all other major arterials. City Road Light Rail is 300m* away and South Melbourne Market only 400m* away.

This is an exceptional property in a exceptional location.

To inspect please contact Luke Conquest 0432 328 668.

*approx

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Property History for 486 City Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$375,000
04 Jun 2024
Listed for Rent
$3.81k/w
18 May 2022
  • 04 Jun 2024
    Sold for $375,000
  • 05 Mar 2024
    Transferred
  • 05 Oct 2023
    Sold for $320,000
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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 11,212 properties.

    There are currently 31 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 464 properties were sold in the past 12 months in South melbourne.

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