290-294 Punt RoadSouth Yarra VIC 3141
Property Details for 290-294 Punt Rd, South Yarra
Last Listing description (December 2020)
Gross Waddell with Charter Keck Cramer acting as Transaction Advisor are pleased to present this exceptional corner development site. Situated in a high profile location, the property offers a myriad of development options (STCA).
* 1,525sqm* of prime land in the heart of South Yarra
* Two street frontages with over 79m* of exposure
* Alternative future uses could include apartments, townhouses, medical, convenience retail plus many more (STCA).
* Merely moments to an array of bustling retail amenity including Melbournes finest fashion boutiques, cafes/restaurants and bars
* Surrounded by a wide range of amenities including Fawkner Park, Alfred Hospital, Jam Factory, and Prahran Market
* Offering unparalleled connectivity with South Yarra and Prahran train stations, multiple tram routes, walking trails, and key arterials all just moments away
* South Yarra boasts a significant median house price in excess of $2,100,000 (REIV) and is one of Melbournes most in-demand suburbs
The property is for sale via Expressions of Interest closing Thursday the 26th of November 2020 at 3:00 pm. For further information or to discuss the opportunity further, please contact Gross Waddell directly.
Transaction Advisor: Charter Keck Cramer.
*approx
Property History for 290-294 Punt Rd, South Yarra, VIC 3141
- 24 Apr 2024Sold for $4,070,000
- 01 Dec 2020Sold for $3,971,000
- 03 Nov 2020Listed for Sale Contact Agent
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About South Yarra 3141
The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of total area. The population of South Yarra in 2011 was 19,134 people. By 2016 the population was 25,143 showing a population growth of 31.4% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation. In 2011, 36.8% of the homes in South Yarra were owner-occupied compared with 32.6% in 2016.
South Yarra has 25,491 properties. Over the last 5 years, Houses in South Yarra have seen a 6.39% increase in median value, while Units have seen a -3.84% decrease. As at 31 October 2024:
- The median value for Houses in South Yarra is $2,115,046 while the median value for Units is $599,695.
- Houses have a median rent of $725 while Units have a median rent of $588.
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