LEVEL 5/176 Wellington Parade, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

LEVEL 5/176 Wellington Parade
East Melbourne VIC 3002

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Property Details for Level 5/176 Wellington Pde, East Melbourne

Building Type
Commercial
Local Government
Melbourne
Lot/Plan
CP105293

Last Listing description (January 2019)

The best views in town!

Positioned on the edge of the CBD, 176 Wellington Parade is an unbeatable office location.
There are currently two tenancies for lease within the building.
Ground Floor 125sqm

The ground floor has been fully refurbished and will suit a tenant seeking creative office space. The tenancy features polished concrete and an exposed ceiling and services
Level 4 - 594sqm
Level 4 is a fully fitted whole floor turnkey opportunity with stunning MCG views. The tenancy is currently undergoing refurbishment.
Situated opposite Jolimont Train Station , 176 Wellington Parade is a well located highly accessible office building set on the edge of the CBD. With direct Tram access at the front of the building, there is convenient access directly to the CBD.
The building features:
Recently refurbished foyer and lifts
Secure onsite car parking
Train & Tram station directly opposite.
Convenient access to the Eastern Freeway.
An abundance of nearby cafes that provides excellent staff amenity.
To arrange and onsite inspection please call one of the exclusive marketing agents.

Property History for Level 5/176 Wellington Pde, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$22,700,000
21 Jun 2013
  • 14 Feb 2018
    Listed for Rent - Price not available
  • 03 Oct 2017
    Listed for Rent - Price not available
  • 21 Oct 2016
    Listed for Rent - Price not available
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About East Melbourne 3002

The size of East Melbourne is approximately 1.9 square kilometres. There are 10 parks, covering nearly 46.0% of the total area. The population of East Melbourne in 2016 was 4964 people. By 2021 the population was 4896 showing a population decline of 1.4% in the area during that time. The predominant age group in East Melbourne is 30-39 years. Households in East Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in East Melbourne work in a professional occupation.In 2021, 44.80% of the homes in East Melbourne were owner-occupied compared with 43.60% in 2016.

East Melbourne has 5,829 properties. Over the last 5 years, Houses in East Melbourne have seen a -15.67% decrease in median value, while Units have seen a -4.48% decrease. As at 31 August 2026:

  • The median value for Houses in East Melbourne is $3,187,953 while the median value for Units is $741,658.
  • Houses have a median rent of $1,200 while Units have a median rent of $695.
There are currently 12 properties listed for sale, and 17 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 229 properties were sold in the past 12 months in East melbourne.

Suburb Insights for East Melbourne 3002

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Cotality Copyright and Legal Disclaimers about Property Data
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.