259 William StreetMelbourne VIC 3000
Property Details for 259 William St, Melbourne
Last Listing description (March 2017)
ICONIC CBD LEGAL PRECINCT FREEHOLD FIRST TIME OFFERED IN OVER 30 YEARS
259 William Street, Melbourne VIC 3000
A striking and classically styled 4-level freehold CBD commercial building of 912sqm*
Highly prominent position on highly trafficked western side of William Street, boasting a substantial street frontage as well as rear access from Wicklow Lane.
Outstanding ceiling heights and natural light, providing potential for future refurbishment or alternative uses (incl. retail)**
Situated in the heart of the CBD Legal Precinct, immediately adjacent to Melbourne s major court houses and with direct access to all forms of public transport amenity, including Flagstaff Train Station
For Sale via on-site Public Auction, Friday 31st March 2017 at 12.30PM
OPEN FOR INSPECTION
Strictly held every Tuesday 10.30-11:00am & Thursday 3.30-4.00pm (commencing 28th February 2017).
Please confirm your attendance prior to inspection to ensure that you can be accommodated on the day.
ADDITIONAL INFORMATION
Please contact the exclusive sales and marketing agents from Killen Thomas & CBRE:
Killen & Thomas
David Marks
+61 418 361 983
CBRE
Josh Rutman
+61 411 273 746
Tom Tuxworth
+61 410 988 960
Nick Lower
+61 414 259 494
*Approximately
**Subject to Planning Approvals
Property History for 259 William St, Melbourne, VIC 3000
- 31 Mar 2017Sold - Price Undisclosed
- 17 Feb 2017Listed for Sale ON-SITE AUCTION FRIDAY 31ST MARCH 2017 AT 12.30PM
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,797 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:
- The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
- Houses have a median rent of $713 while Units have a median rent of $680.
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