21 Victoria Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

21 Victoria Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 395m2
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Property Details for Lot 5/21 Victoria St, Melbourne

Building Type
Commercial
Year Built
1991
Land Size
395m2
Local Government
Melbourne
Lot/Plan
5/PS308073

Last Listing description (December 2020)

Colliers International is pleased to present the opportunity to purchase Level 5, 21 Victoria Street, Melbourne with the following key attributes:

- Exceptional whole floor office of approximately 320sqm*, offered with Vacant Possession and suitable for owner occupation or astute investment purpose


- Favourably located opposite Melbourne's famous Carlton Gardens and within close walking distance to the City's Legal, University and Retail precincts

- Fully self-contained office comprising a mix of partitioned offices, directors suite, boardroom, open plan work spaces, bathroom and kitchen amenity

- Extensive natural light on three facades providing uninterrupted views over Carlton Gardens and the Melbourne CBD

- Considerable upside with the opportunity to refurbish, reconfigure or subdivide into multiple tenancies

- Excellent access to public transport including Parliament Train Station, major tram routes along La Trobe and Victoria Street and the upcoming Northern CBD Station, part of the $11 billion Melbourne Metro Rail Project

- Suitable for all buyer types including owner occupiers, investors and perfect for self-managed super funds (SMSFs)

*Approximate

For Sale by International Expressions of Interest (EOI) Closing Thursday 3rd December 2020 at 12pm

To arrange an inspection or for more information please contact the Colliers International Melbourne City Sales team as the exclusive selling agents:

George Davies | +61 421 799 489
Anthony Kirwan | +61 431 952 430
Chris Ling | +61 419 294 346

Property History for Lot 5/21 Victoria St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$2,337,500
10 Dec 2020
  • 10 Dec 2020
    Sold for $2,337,500
  • 30 Oct 2020
    Listed for Sale Please contact agent
  • 09 May 2016
    Sold for $1,540,000
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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 64,355 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 304 properties listed for sale, and 212 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2663 properties were sold in the past 12 months in Melbourne.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.