205/7 Jeffcott StreetWest Melbourne VIC 3003
Property Details for 205/7 Jeffcott St, West Melbourne
Last Listing description (February 2024)
Nestled in the heart of West Melbourne, 205/7 Jeffcott St is a superb office suite within a modern building that offers stunning views of Flagstaff Gardens, filling the space with invigorating natural light. Spanning approximately 60m², this office suite features glass-partitioned boardrooms and versatile office configurations, accommodating multiple workstations with ease. Offered with vacant possession, it's an ideal investment opportunity or owner-occupier's dream. Floor-to-ceiling windows provide an abundance of natural light, creating an inspiring work environment. Enjoy the convenience of communal kitchenette and shower facilities, as well as ground-floor end-of-trip amenities with showers and bike racks. Located at the corner of Jeffcott Street and King Street, this property stands opposite Flagstaff Gardens and is within close proximity to various public transport options and numerous commercial precincts and landmarks, including the CBD Legal Precinct, Queen Victoria Market, Royal Melbourne Hospital, and more.
Property Highlights:
* Building area of 60m² approx.
* Vacant possession for investors and owner-occupiers
* Abundant natural light with floor-to-ceiling windows
* Communal kitchenette and shower facilities
* End-of-trip amenities with showers and bike racks
* Prime location near public transport and key commercial precincts
Be quick to enquire!
*All details are approximate.
Property History for 205/7 Jeffcott St, West Melbourne, VIC 3003
- 21 Feb 2024Sold for $357,500
- 26 Apr 2023Listed for Sale Contact Agent
- 12 Dec 2017Sold for $379,500
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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 7,555 properties. Over the last 5 years, Houses in West Melbourne have seen a 28.71% increase in median value, while Units have seen a -4.28% decrease. As at 31 July 2024:
- The median value for Houses in West Melbourne is $1,446,690 while the median value for Units is $517,290.
- Houses have a median rent of $690 while Units have a median rent of $591.
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