43 Stubbs Street, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

43 Stubbs Street
Kensington VIC 3031

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 250m2
Land area: 6927m2
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Property Details for 43 Stubbs St, Kensington

Building Type
Commercial
Floor Size
250m2
Land Size
6927m2
Local Government
Melbourne
Lot/Plan
43/PS606546

Last Listing description (April 2023)

CBRE is pleased to present 43 Stubbs Street, Kensington, available For Sale by Public Auction on Thursday 6th July 2017 at 12.30pm on-site.

This modern 279sqm* office/warehouse comprises a two-level office space and clear span warehouse with full amenities including a shower. The property sits within the Arden-Macaulay Scheme which has been earmarked for re-zoning.

Situated just off Racecourse Road, the prime location gives you access onto City Link and all major arterials. Positioned just 2km* from Melbourne's CBD, the property is perfect for business that needs to be close to the city without the prices.

Public transportation options include the number 57 tram, just 280 metres* from the property and Macaulay Railway Station just 580 metres*.

Features include:

+ Total building area: 279sqm*
+ Office area: 157sqm*
+ Warehouse area: 113sqm*
+ Three (3) car spaces - one (1) on title plus two (2) for exclusive use
+ Modern open plan two-level office
+ Shower
+ Showroom potential
+ Clear span warehouse
+ 3 phase power
+ Container height roller door
+ Alarm system
+ Great natural light
+ Access to major arterials
+ Main road frontage
+ Nearby public transportation

AUCTION - Thursday 6th July 2017 at 12.30pm On-Site

For more information or to arrange an inspection, please contact Guy Naselli 0413 750 744 or Jake George 0421 221 019.

*approx.

Property History for 43 Stubbs St, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$1,001,000
06 Jul 2017
Listed for Rent
02 Dec 2017
  • 25 Aug 2017
    Listed for Rent - Price not available
  • 06 Jul 2017
    Sold for $1,001,000
  • 17 May 2017
    Listed for Sale Not Disclosed
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About Kensington 3031

The size of Kensington is approximately 2.1 square kilometres. There are 19 parks, covering nearly 13.6% of the total area. The population of Kensington in 2016 was 10812 people. By 2021 the population was 10745 showing a population decline of 0.6% in the area during that time. The predominant age group in Kensington is 30-39 years. Households in Kensington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kensington work in a professional occupation.In 2021, 48.70% of the homes in Kensington were owner-occupied compared with 45.30% in 2016.

Kensington has 7,735 properties. Over the last 5 years, Houses in Kensington have seen a -11.38% decrease in median value, while Units have seen a -3.90% decrease. As at 30 June 2026:

  • The median value for Houses in Kensington is $1,105,970 while the median value for Units is $579,325.
  • Houses have a median rent of $730 while Units have a median rent of $590.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 317 properties were sold in the past 12 months in Kensington.

Suburb Insights for Kensington 3031

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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.