BASEMENT/387 Flinders LaneMelbourne VIC 3000
Property Details for Basement/387 Flinders Lane, Melbourne
Last Listing description (January 2017)
Colliers International is pleased to present the opportunity to purchase the incredible Tavistock House at 383-387 Flinders Lane, Melbourne with the following key attributes:
Iconic triple-storey corner freehold building with triple frontage
Offered with up to 12 months settlement
Set in the heart of Melbourne s most famous, financial, retail and dining precinct and on the cusp of CBUS s $1.25bn development at 447 Collins Street.
Strategic corner land holding of 442m2*
Triple frontage of over 42m*
Part leased to established tenants with tremendous potential for future uplift and an excellent opportunity to part owner occupy, develop or convert (STCA)
First time offered in more than two (2) decades
*approx.
For Sale by Public On-Site Auction on Friday 18th November at 1pm.
To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents.
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Matt Stagg +61 409 411 300
David Sia +61 430 111 223
URL www.colliers.com.au/27245
Property History for Basement/387 Flinders Lane, Melbourne, VIC 3000
- 30 Mar 2023Transferred
- 18 Nov 2016Sold for $7,900,000
- 14 Oct 2016Listed for Sale Not Disclosed
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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 64,265 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.
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