SOLD
Sold on 30 Aug 2024 for $105,050,000

GROUND FLOOR/77 Southbank Boulevard
Southbank VIC 3006

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3290m2
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Property Details for Ground Floor/77 Southbank Bvd, Southbank

Building Type
Commercial
Land Size
3290m2
Local Government
Melbourne
Lot/Plan
11E~B/PP3084D

Last Listing description (January 2023)

Modern and efficient project offices located with the vibrant Southbank Arts Precinct. Available on short term direct lease basis (to December 2022).

Building features:

Secure basement parking at competitive rates;
Modern EOT facilities;
Large, efficient and light filled office floors;
Internal staircase providing connectivity between floors.

Availabilities
Level 5 1,200 to 2,404 sq.m
Whole top floor which provides 2 separate wings of fitted office accommodation separated by a modern corporate reception. Fit-out features modern work stations with task chairs, computer cabling plus Comms room, various meeting collaboration areas and large shared kitchen/breakout.

Level 4 - 2,138 sq.m (230 work points)
Whole floor featuring extensive open plan work areas with linear work station environment and various meeting spaces throughout.

Level 3 1,611 sq.m (155 work points)
Whole floor featuring extensive open plan work areas with linear work station environment and various meeting spaces throughout.

Level 1 975 sq.m (138 work points)
Modern fit-out featuring large open plan arrival/kitchen space, meeting room and open plan work space with work stations.

Level 1 827 sq.m (82 work points)
Older style fit-out providing large desks in a mostly open plan environment.

For further details or to arrange an inspection please contact JLL.

Property History for Ground Floor/77 Southbank Bvd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$105,050,000
30 Aug 2024
Listed for Rent
13 Jan 2023
  • 30 Aug 2024
    Sold for $105,050,000
  • 18 Dec 2020
    Listed for Rent - Price not available

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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 28,088 properties. Over the last 5 years, Houses in Southbank have seen a 149.41% increase in median value, while Units have seen a -2.22% decrease. As at 30 November 2024:

  • The median value for Houses in Southbank is $548,306 while the median value for Units is $568,437.
  • Houses have a median rent of $670 while Units have a median rent of $670.
There are currently 193 properties listed for sale, and 213 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1267 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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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.