3/200 Spencer StreetMelbourne VIC 3000
Property Details for 3/200 Spencer St, Melbourne
Last Listing description (May 2017)
CVA Property Consultants are pleased to offer Shop 3, 200 Spencer Street, Melbourne for Private Sale.
This secure retail investment of 43m2* currently occupied as a hair salon comprises tiled flooring, open plan work space, kitchenette and amenities. The property further features one secure basement car space on title.
Lease details:
Current Rental: $52,316 per annum net plus GST
Commencement Date: 1st November 2015
Lease Term: Five (5) Years plus one further term of four (4) years
Reviews: 3% annual reviews. Market at option.
Boasting unprecedented frontage to Spencer Street, this prime investment is situated between Little Bourke Street and Bourke Street on the ground floor of Neo Apartments; a 372 high rise apartment building and is located across from Southern Cross Station and Spencer Outlet Centre which includes over 100 retail stores and attracts over 1000* daily visitors.
For further information please contact CVA Property Consultants.
Property History for 3/200 Spencer St, Melbourne, VIC 3000
- 23 Jan 2017Listed for Sale Not Disclosed
- 10 Jul 2011Sold for $715,000
- 14 Mar 2008Sold for $836,000
Recent sales nearby
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0About 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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