121 Exhibition Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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121 Exhibition Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 87m2
Land area: 9573m2
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Property Details for 121 Exhibition St, Melbourne

Building Type
Commercial
Year Built
1996
Floor Size
87m2
Land Size
9573m2
Local Government
Melbourne
Lot/Plan
1/PS514734

Last Listing description (October 2023)

Southern Cross Lane is a bustling retail precinct positioned under two major commercial towers at the eastern end of the Melbourne CBD, providing a solid mix of specialty retailers, fashion and food & beverage options.

Key features include:

- Multiple options available with areas ranging from 48.5sqm* - 179.3sqm*
- Individual shops suitable to a variety of uses including hospitality, service and specialty retail and medical
- Kitchen services for food & beverage tenancies
- Positioned below Southern Cross twin towers two major Melbourne office towers with over 121,000sqm* of combined commercial space
- Major CBD thoroughfare enclosed by Exhibition, Bourke and Little Collins Streets
- Direct access to public transport facilities including tram, bus and only 100 metres* to Parliament Train Station
- Numerous local and national retailers located with the precinct

Shop E01
Area: 48.5sqm*

Shop: E04
Area: 82sqm*

Shop E07A
Area: 53sqm*
Licenced Area:15sqm*

Shop W3
Area: 74sqm*

Shop W09
Area: 179.3sqm*

Shop W10
Area: 170sqm*

*approx.

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Property History for 121 Exhibition St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
18 Dec 2015
Listed for Rent
19 Oct 2023
  • 13 Jun 2023
    Listed for Rent - Price not available
  • 01 Jun 2020
    Listed for Rent - Price not available
  • 18 Dec 2018
    Listed for Rent $2,400,000 / year
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,288 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 246 properties listed for sale, and 357 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2745 properties were sold in the past 12 months in Melbourne.

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