127 Cremorne Street, Cremorne, VIC 3121 | Property Value & History | OnTheHouse
 
OFF MARKET

127 Cremorne Street
Cremorne VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: 19
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 127 Cremorne St, Cremorne

Building Type
Commercial
Local Government
Yarra
Lot/Plan
1/TP805241

Last Listing description (December 2023)

High Profile Cremorne Street Investment With Major Future Development Upside

JLL and Colliers have the privilege of offering for sale 127-129 Cremorne Street, Cremorne a highly strategic investment opportunity with significant future development potential.


Key details of the opportunity include:

High quality existing office and warehouse freehold totalling 890sqm*

Securely leased to longstanding and highly regarded tenant, Wittner until 2029

Current net rental of $277,293 per annum* with fixed rental increases of 3.5%

Valuable on-site car parking for 19 vehicles

Substantial landholding of 722sqm* with direct Cremorne Street frontage

Opportunity to combine with the adjoining landholding at 121-125 Cremorne Street to own 2,288sqm* of prime land along Cremorne's most renowned thoroughfare

Cremorne is Melbourne's most sought-after commercial address, regarded as Victoria's 'Silicon Valley', and Cremorne Street is the central spine of Cremorne

A thriving commercial precinct endorsed by major national corporations, including Seek, Tesla, REA Group, Reece and many more

Strong annual rental increases of 3.25%

The strategic location of the property provides direct access to Citylink and within 3kms of the Melbourne CBD




For more information or to arrange an inspection, please contact the below conjunctional selling agents:



COLLIERS


Alex Browne | 0418 350 545



Ben Baines | 0438 328 407



Ted Dwyer | 0411 312 465



Colliers Asian Desk

James Zhuang | 0473 866 666





JLL



Tim Carr | 0415 767 915


Josh Rutman | 0411 27 37 46


MingXuan Li | 0498 688 998

Show More

Property History for 127 Cremorne St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$575,000
23 Oct 1995
  • 13 Oct 2023
    Listed for Sale Please contact agent
  • 28 Oct 2020
    Listed for Rent - Price not available
  • 08 May 1993
    Listed for Sale Not Disclosed
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 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 2,318 properties. Over the last 5 years, Houses in Cremorne have seen a -1.33% decrease in median value, while Units have seen a 7.14% increase. As at 30 November 2025:

  • The median value for Houses in Cremorne is $1,317,882 while the median value for Units is $714,489.
  • Houses have a median rent of $795 while Units have a median rent of $670.
There are currently 2 properties listed for sale, and 4 properties listed for rent in Cremorne on OnTheHouse. According to Cotality's data, 109 properties were sold in the past 12 months in Cremorne.

Cremorne Profile Page

Suburb Insights for Cremorne 3121

Visit Cremorne profile page
Market Insights
Cremorne 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
Cremorne 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 Cremorne profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. 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