28 La Trobe StreetMelbourne VIC 3000
Property Details for 28 La Trobe St, Melbourne
Last Listing description (October 2023)
JLL Melbourne CBD Sales has the exclusive privilege of offering for sale this high-profile East-End Melbourne CBD car park with significant upside potential.
Key details of the opportunity include:
+ A modern 8-level Melbourne CBD car park of 706 bays
+ Strong redevelopment potential with surrounding high density projects
+ Exceptional East-End CBD location surrounded by major office buildings, the Theatre District, thousands of new apartments/hotel rooms and the retail core
+ 7 day per week trade (18 hour daily trade)
+ The East-End location provides a unique catchment of car park users, including students, shoppers, theatre-goers, office workers and tourists
+ Extremely tightly held asset class with unprecedented demand for Melbourne CBD car parking and very restricted future supply and the reduction of on-street parking numbers due to the installation of numerous bicycle lanes around the city
+ Car park investments are, by nature, low cost investments with minimal maintenance and upgrade requirements
Under Instructions from the Receivers and Managers - AL Restructuring
EOI CLOSED - OFFERS UNDER REVIEW
To obtain further information, please contact the exclusive selling agents:
Josh Rutman | 0411 27 37 46
Nick Peden | 0402 011 266
MingXuan Li | 0498 688 998
Major 706-bay multi-level car park
Ideal East-End CBD location
Central to major catchment area
Property History for 28 La Trobe St, Melbourne, VIC 3000
- 27 Sep 2023Listed for Sale Contact Agent
Recent sales nearby
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:
- The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
- Houses have a median rent of $635 while Units have a median rent of $660.
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