214 Coventry Street, South Melbourne, VIC 3205 | Commercial for sale | OnTheHouse
FOR SALE
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214 Coventry Street
South Melbourne VIC 3205

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 154m2
Land area: 172m2
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Prime Opportunity in a High-Demand Location

Unlock the potential of this high-exposure property, ideally positioned in the heart of South Melbourne’s bustling commercial, retail and hospitality precinct. Boasting a flexible layout suited to retail, showroom, or office use, it offers the perfect canvas for a wide range of businesses. With seamless access to major arterials and just minutes from the CBD, this site combines convenience, connectivity, and lifestyle appeal.
Surrounded by thriving businesses and supported by on-site parking, it’s a rare opportunity with future development upside (STCA) and zoning flexibility to match.
Key Features:
• Versatile existing layout suitable for retail, showroom, or office use
• Excellent street exposure
• In the heart of South Melbourne's vibrant retail and hospitality precinct
• Easy access to major arterials, streamlining logistics and connectivity
• Just minutes from Melbourne’s CBD — ideal for businesses seeking centrality without the congestion
• Development potential (STCA) offering scope to unlock further value
• Surrounded by established businesses and lifestyle amenities
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Property Details for 214 Coventry St, South Melbourne

Building Type
Commercial
Floor Size
154m2
Land Size
172m2
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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 12,874 properties. Over the last 5 years, Houses in South Melbourne have seen a 12.88% increase in median value, while Units have seen a 8.87% increase. As at 31 October 2025:

  • The median value for Houses in South Melbourne is $1,742,323 while the median value for Units is $631,244.
  • Houses have a median rent of $705 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 39 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 494 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Matt Stedman
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Simon Bartaby
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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.