42-44 King StreetMelbourne VIC 3000
Property Details for 42-44 King St, Melbourne
Last Listing description (November 2023)
JLL Melbourne CBD Sales has the exclusive privilege of offering for sale the most remarkable collection of Melbourne CBD freeholds to be presented to the open market in recent history.
Being offered in one line is a quartet of distinguished Melbourne CBD freeholds between Collins Street and Flinders Lane, surrounded by the city's elite commercial, residential and hospitality offerings.
A grand opportunity to define a burgeoning precinct, the key details of this truly unique opportunity include:
+ Four irreplaceable freeholds positioned on a highly prominent Melbourne CBD corner
+ Historic and character-filled buildings boasting a combined triple fronted landholding of 1,487sqm*
+ Flexibility to create a larger offering or capture the identity of each individual building
+ Capital City zoning provides for a full array of potential uses both within and above the existing buildings (STCA)
+ Set within a precinct endorsed by the world's finest commercial, technology, hospitality and retail operators
+ Surrounded by over 400,000sqm* of premium grade office space including the brand new 555 Collins Street and Rialto Towers
+ The immediate catchment sees 35,000+ workers* on a daily basis, as well as a plethora of tourists, shoppers and local residents
+ A once-in-a-generation opportunity to secure the most prized real estate corner in this booming precinct
*Approx.
To obtain further information, please contact the exclusive selling agent.
Josh Rutman | 0411 27 37 46
Nick Peden | 0402 011 266
Will Connolly | 0432 116 287
Mingxuan Li | 0498 688 998
An unprecedented collection of Melbourne CBD freeholds
Four (4) adjoining historic buildings
Triple street fronted exposure with endless potential
Property History for 42-44 King St, Melbourne, VIC 3000
- 20 Sep 2023Listed for Sale Contact the JLL Melbourne CBD Sales Agents
- 04 Apr 2020Sold for $8,690,000
- 04 Apr 2020Sold for $8,495,000
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 64,234 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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