115/87 Gladstone Street, South Melbourne, VIC 3205 sold on 14 March 2025 | OnTheHouse
 
SOLD
Sold on 14 Mar 2025 for $485,000

115/87 Gladstone Street
South Melbourne VIC 3205

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 89m2
Land area: 2594m2
Improve this data
Share
Save

Property Details for 115/87 Gladstone St, South Melbourne

Building Type
Commercial
Floor Size
89m2
Land Size
2594m2
Local Government
Port Phillip
Lot/Plan
115/PS607275

Last Listing description (May 2025)

Phone enquiries - please quote property ID 34675.

Located in South Melbourne's Industry Business Hub is this New York industrial-style office suite. Featuring premium finishes including polished concrete floors, exposed concrete walls, and a private kitchenette, this discreet and private space offers:

*One secure car space

*Office Area: 82sqm offered with vacant possession
*Professionally soundproofed and acoustically treated
*City fringe location near South Melbourne amenities.

This office space stands out from others due to its exceptional soundproofing, making it ideal for multiple applications such as law firms, music, recording, podcasting, or any business requiring added privacy.

Features include split system air-conditioning and ventilation system, smart security and lighting, and Gigabit fibre internet. The building offers shared features such as a gym, end-of-trip facilities, kitchenettes, and the 'Jimmy the Saint' cafe is located on the ground floor.

Positioned in one of South Melbournes most desirable locations just off the major arterial Montague Street, the suite is only minutes away from the CBD and Citylink. Trams 96 and 109 have stops 500m and 200m away, respectively.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Show More

Property History for 115/87 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$485,000
14 Mar 2025
Listed for Rent
$498/w
24 May 2021
  • 14 Mar 2025
    Sold for $485,000
  • 14 Aug 2024
    Listed for Sale Not Disclosed
  • 22 Feb 2021
    Sold for $478,500
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.

South Melbourne has 12,872 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:

  • The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 30 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 487 properties were sold in the past 12 months in South melbourne.

South Melbourne Profile Page

Suburb Insights for South Melbourne 3205

Visit South Melbourne profile page
Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit South Melbourne profile page
Contact agency
agent headshot
Show contact details
Call agent
No Agent Property
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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

GETTING STARTED