OFF MARKET

806/138 Ferrars Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 1970m2
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Property Details for 806/138 Ferrars St, South Melbourne

806/138 Ferrars St, South Melbourne is a 2 bedroom, 2 bathroom Unit. The property has a land size of 1970m2.

Building Type
Unit
Land Size
1970m2
Local Government
Port Phillip
Lot/Plan
806/PS847286

Last Listing description (June 2024)

A development purpose-built for long term tenants. With amazing services such as parcel delivery lockers, brand new communal resident Tesla Model 3 for hire (in pilot program) and resident Electric Vehicle changing facilities EV charging, pet care, laundry services, cleaning and more all available to tenants. Plus you benefit from an on-site concierge who coordinates community functions and maintenance and whose role is to make your life easier! Lease for 3 years or less by mutual agreement.
The development further benefits from a gym, meeting room, resident lounge and function room.

Featuring a substantial air-conditioned living room with floor to ceiling windows and plenty of room for both couch/tv and dining room table, it's rare to see a size like this in modern apartments. Take in the views across Port Melbourne to the bay and beyond. The adjoining balcony is perfect for alfresco dining. Watching the weather cross the bay on a hot summer's day! The kitchen will satisfy any MasterChef with a stone island bench, ample storage, full pantry, gas cooktop and full-size dishwasher. Both of the sundrenched bedrooms are a terrific size, with substantial built-in robes and the master benefits from an en-suite. There is a further central bathroom with euro laundry and a fantastic amount of internal storage. There is a remote entry basement car park (not a stacker). Optional storage cage designs to suit your needs and budget (some are large enough to fit a canoe!) starting from $20 per week.

Situated opposite South Melbourne Primary school, with the light rail just around the corner and the South Melbourne Market and shopping precinct just a stroll away this is uber convenient living.

*Please not this property is unfurnished

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Property History for 806/138 Ferrars St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Listed for Rent
$875/w
28 May 2024
  • 28 May 2024
    Listed for Rent $875 / week
  • 03 May 2023
    Listed for Rent $775 / week

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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 11,172 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.
There are currently 34 properties listed for sale, and 55 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 414 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.