11/37-39 Albert Road, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
OFF MARKET

11/37-39 Albert Road
Melbourne VIC 3004

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 46m2
Land area: 3755m2
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Property Details for 11/37-39 Albert Rd, Melbourne

Building Type
Commercial
Floor Size
46m2
Land Size
3755m2
Local Government
Port Phillip
Lot/Plan
48/RP16140

Last Listing description (November 2013)

Cheaper To Buy Than Rent
Located on the corner of Kings Way and St Kilda Road, Albert Square is a modern strata office complex complemented by basement carparking and consists of 40 office suites tenanted by various professionals.
This attractive 46m2 app strata office suite with north western aspect, is basically open plan with a rear store area and has its own kitchenette. Communal facilities are located front and rear of the development and directly opposite this premises across the corridor so not a long walk for relief which is a relief. This most central of office facilities offers 24/7 access with the convenience of on site secure carparking for one vehicle. 10 minutes will see you walking you the CBD should the need arise.

Let from 29th Sept 2010 at $17,680 per annum gross, on a two (2) year lease with a further 2 year option, (Not Exercised) so now a monthly tenancy.
Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers/lessees are advised to carry out their own investigations.

Property History for 11/37-39 Albert Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Transferred
20 Aug 2016
  • 20 Aug 2016
    Transferred
  • 03 Oct 2013
    Sold for $220,000
  • 28 Mar 2013
    Listed for Sale $220,000
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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 13,705 properties. Over the last 5 years, Houses in Melbourne have seen a 44.58% increase in median value, while Units have seen a -0.58% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,829,947 while the median value for Units is $662,478.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 63 properties listed for sale, and 54 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 663 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

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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.