76-78 Smith Street, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

76-78 Smith Street
Kensington VIC 3031

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Property Details for 76-78 Smith St, Kensington

Building Type
Commercial
Local Government
Melbourne
Lot/Plan
CP101346

Last Listing description (February 2023)

613 sqm* Inner-City Mixed-Use Warehouse with Development or Owner Occupation Potential

Stonebridge Property Group is pleased to present 76-78 Smith Street, Kensington for sale - A flexible 613 sqm* freehold warehouse situated on the doorstep of the Melbourne CBD.

Ideal for owner occupiers, developers, or investors seeking to reposition the building.

The key highlights of the opportunity include:

- Expansive 613 sqm* landholding improved by a flexible warehouse, rear access via laneway, 20+ meter frontage to Smith Street, and ability to split into two warehouses

- Excellent improvements comprise a multi-functional clear span warehouse, several 3 meter high clearance roller doors, rear access via laneway

- Zoned Mixed Use (MUZ) allows for an array of development options, including residential, commercial, accommodation, retail or industrial (STCA)

- Vibrant city fringe location with immediate proximity to exciting Kensington amenities, namely, renowned Macaulay Road retail strip (300 m*), Racecourse Road retailers (350 m*), Macaulay Train Station (300 m*), Kensington Train Station (400 m*), Moonee Ponds Creek Trail (100 m*) and Flemington Racecourse (1.1 km*)

- Offered with a short-term 6-month lease with the ability to secure further tenure nominated by the purchaser (up to 12 months)

- Extremely accessible precinct nearby all significant arterials, including Citylink (350 m*), Princes Highway (350 m*), Dynon Road (1.3 km*), and Melbourne CBD (2.6 km*)

Approximate *

For further information, please speak to the exclusive sales and marketing agents, Stonebridge Property Group.

Max Warren
0488 296 892

Dylan Kilner
0459 369 341

Chao Zhang
0411 625 068

Property Code: 492

Property History for 76-78 Smith St, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$3,400,000
27 Oct 2022
  • 27 Oct 2022
    Sold - Price Undisclosed
  • 16 Sep 2022
    Listed for Sale Contact Agent
  • 27 Nov 2017
    Sold - Price Undisclosed
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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 7 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 310 properties were sold in the past 12 months in Kensington.

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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.