1 Balmain StreetCremorne VIC 3121
Property Details for 1 Balmain St, Cremorne
Last Listing description (March 2025)
- This exceptional property offers a prime opportunity for both owner-occupiers and investors, located in one of Melbourne's most sought-after office and showroom precincts. The key attributes of this outstanding offering include:Build Area: 341m?*Secure On-Site Parking: Ensuring convenience and peace of mind for occupants.Three Levels of Light-Filled Office Space: Providing a versatile and inspiring working environment.Ideal for Owner-Occupiers or Investors: Suitable for a variety of commercial uses.Unmatched Connectivity: Excellent access to all modes of public transport and major arterial routes, facilitating easy commutes and business operations.Unrivalled Lifestyle Amenity: Close proximity to the highly popular retail and hospitality precincts of Swan and Church Streets, offering a vibrant mix of shops, cafes, and restaurants.Prestigious Neighbourhood: Richmond is home to prestigious national and international tenants, including REA Group, Dentsu, Seek, Uber, Disney, MYOB, Reece, Car Sales, and many more.Proximity to Public Transport: Walking distance to East Richmond and Richmond train stations, as well as multiple tram lines, ensuring seamless connectivity.Near Melbourne's CBD: Located within 2.5 km of Melbournes Central Business District, providing easy access to the city's core.This property combines prime location, excellent amenities, and superior connectivity, making it an ideal choice for those looking to invest in or occupy a high-quality office space in Melbourne's dynamic commercial landscape.
Property History for 1 Balmain St, Cremorne, VIC 3121
- 31 Oct 2024Sold for $3,080,000
- 04 Sep 2024Listed for Sale $3,000,000 - $3,300,000
- 01 Nov 2023Listed for Sale Contact Agent
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0About Cremorne 3121
The size of Cremorne is approximately 0.7 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Cremorne in 2016 was 2018 people. By 2021 the population was 2158 showing a population growth of 6.9% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation.In 2021, 48.30% of the homes in Cremorne were owner-occupied compared with 48.90% in 2016.
Cremorne has 2,333 properties. Over the last 5 years, Houses in Cremorne have seen a 6.13% increase in median value, while Units have seen a 4.17% increase. As at 28 February 2026:
- The median value for Houses in Cremorne is $1,391,428 while the median value for Units is $722,938.
- Houses have a median rent of $810 while Units have a median rent of $675.
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