37-43 Dudley StreetWest Melbourne VIC 3003
Property Details for 37-43 Dudley St, West Melbourne
Last Listing description (November 2023)
Colliers are pleased to present 33-35 & 37-43 Dudley Street, West Melbourne for sale via International Expressions of Interest closing Thursday 9th November 2023 at 2pm (AEDT). Currently returning $225,668* per annum (excluding outgoings & GST), this superb city fringe landholding of 1,273m2* falls within West Melbourne's Flagstaff Precinct and has the future potential for residential or mixed-use either Build-to-Rent or traditional Build-to-Sell development outcomes.
Key property features include:
- Sizable 1,273m2* landholding
- Annual rent of $225,668*
- Two (2) freehold warehouses
- Favourable zoning for future development (Special Use Zone under West Melbourne Structure Plan 2018)
- Significant development precedent with projects from Gurner, Vicland, Trenerry Property, Deague Group and UAG all in the immediate vicinity
For further information on this exceptional offering or to arrange an inspection, please contact one of the Colliers Melbourne City Sales agents listed below.
Property History for 37-43 Dudley St, West Melbourne, VIC 3003
- 11 Dec 2023Sold for $14,500,000
- 04 Oct 2023Listed for Sale Please contact agent
- 13 Oct 2015Sold for $5,050,000
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/ulepkpp6jai6tdqp4o6b5dqs24?signature=d3691dfc341d037f64527a587943a6d322b000d1f4d165166770eab65ef3f371){kind=logo}
0/assets/perm/rnh3btyefai6vkdcjhz3z4lgp4?signature=d35538e53c3587f01d68d9773e7679665ae6182617adffc524106fcce058f75a){kind=logo}
0/assets/perm/f5kxr2iskyi6xfrkkogbytdkdq?signature=35f6ba4efa4a62e430aedc5edc0191426cf9a8da314c8a5c6e6f6143a7a17a88){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 7,491 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.
Suburb Insights for West Melbourne 3003
Market Insights
West Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
West Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
