SOLD
Sold on 03 May 2024 for $1,650,000

19-21 Dudley Street
West Melbourne VIC 3003

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1711m2
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Property Details for 19-21 Dudley St, West Melbourne

Building Type
Commercial
Year Built
1957
Land Size
1711m2
Local Government
Melbourne
Lot/Plan
3/PS406335

Last Listing description (May 2018)

CBRE is pleased to offer 19-21 Dudley Street, West Melbourne, for sale.
Located at 19-21 Dudley Street, West Melbourne, this 178sqm* office has unrivalled exposure to one of Melbourne's busiest thoroughfares into the city.
The property is positioned only 1km* from Melbourne's CBD, Southbank and access to Flagstaff Gardens and Victoria Market, this Mixed Use office and retail opportunity also provides great access to all of Melbourne's major arterials.

Property highlights include:
+ Building area: 178sqm*
+ Over 15 metre* frontage to Dudley Street
+ Two under cover security entrance car spaces
+ Self contained amenities with shower
+ Fully fitted with partitioned offices and reception
+ Front roller door access for additional storage
+ Fully fitted out alarm system
+ Potential residential conversion (STCA)
+ Opportunity to owner occupy or invest
+ Within 1 kilometre* of the Melbourne CBD
+ Nestled in Melbourne's legal precinct
+ Zoned Mixed Use
For more information on this property or to arrange an inspection, please contact the exclusive marketing agents, Guy Naselli on 0413 750 744 or Jake George 0421 221 019.
*approx.

Property History for 19-21 Dudley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,650,000
03 May 2024
  • 03 May 2024
    Sold for $1,650,000
  • 23 Nov 2017
    Listed for Sale Not Disclosed
  • 07 Oct 2017
    Listed for Sale Not Disclosed
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About West Melbourne 3003

The size of West Melbourne is approximately 6.7 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of West Melbourne in 2011 was 3,743 people. By 2016 the population was 5,511 showing a population growth of 47.2% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation. In 2011, 38.9% of the homes in West Melbourne were owner-occupied compared with 34.5% in 2016.

West Melbourne has 7,493 properties. Over the last 5 years, Houses in West Melbourne have seen a -1.86% decrease in median value, while Units have seen a -13.07% decrease. As at 31 October 2024:

  • The median value for Houses in West Melbourne is $1,222,199 while the median value for Units is $498,499.
  • Houses have a median rent of $660 while Units have a median rent of $600.
There are currently 57 properties listed for sale, and 43 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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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.