23/5-7 Drewery Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

23/5-7 Drewery Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 600m2
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Property Details for 23/5-7 Drewery Lane, Melbourne

23/5-7 Drewery Lane, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1910. The property has a land size of 600m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1910
Floor Size
88m2
Land Size
600m2
Local Government
Melbourne
Lot/Plan
23/PS332070

Last Listing description (May 2024)

Deadline Sale (unless sold prior) Tuesday 23rd April at 12pm

- The earliest & one of few remaining examples of the Flat Slab, Turner Mushroom System
- Hugh Ralston Crawford design in the Commercial Palazzo style

- Built for the cigar & cigarette manufacturers Sniders & Abraham in 1910
- The early 1960s saw Dovers Typesetters convert the building to a print works
- Refurbished and subdivided into spacious residences in 1995
- Exposed concrete columns and ceilings
- Massive, charming warehouse windows
- Balcony with iconic backdrop and Northern aspect
- Light-filled living area with polished timber floors
- Heating & cooling in living room & ceiling fan too
- Generous kitchen with convenient island bench
- Main bedroom with walk-through robe and ensuite
- Second bedroom with plenty of storage
- Neat, clean main bathroom would welcome refurbishment
- Convenient unique laundry room
- Quaint, boutique block of only 45
- Secured entrance & secured car park on title
- Stunning communal rooftop garden with city backdrop

What is WHU?
Warehouse, Heritage & Unique or what our team refers to as WHU is a category of property that differentiates from the others.
This symbol appears on the properties that our team have identified as exhibiting one or more of these characteristics.

Harcourts Melbourne City, Estate Agents, specialising in sales & leasing of Warehouse, Heritage, Unique WHU properties in Melbournes inner city. For information on inner city property for sale or rent or for expert real estate advice visit: melbourneharcourts.com.au or phone us on 03 9664 8100 Whilst every care is taken to ensure accuracy of the sizes, plans & information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice.

Property History for 23/5-7 Drewery Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,115,000
24 Apr 2024
  • 24 Apr 2024
    Sold for $1,115,000
  • 28 Mar 2024
    Listed for Sale Deadline Sale | $1,050,000 - $1,150,000
  • 28 May 2023
    Transferred
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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 64,269 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 295 properties listed for sale, and 168 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2675 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.