24/20 Commercial RoadMelbourne VIC 3004
Property Details for 24/20 Commercial Rd, Melbourne
24/20 Commercial Rd, Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (December 2022)
A Blank Canvas Awaits!
Superbly positioned overlooking Fawkner Park with a stunning easterly aspect, this two level property is set for someone to let their design flair take hold and create a superb two level apartment or a combo of many options.
Currently used as consulting rooms it offers an expansive 209 sqm approx internally plus 33sqm of outdoor space.
With the huge benefits of light from opposite sides and balconies stretching fully across both levels offering a combined 26m in length, this is the best conversion opportunity to hit the market in ages. Further, it offers the option to split into 2 apartments given it enjoys two entry points or can continue its current use as a medical practice.
The location is simply brilliant and so convenient. Stumble out the front door and you have trams on St Kilda Road to whisk you to the city or alternatively jump on one on Commercial Road and you are the Prahran Market and Chapel Street in less than 10mins.
The property also offers amazing flexibility to run a full office/medical practice, full residence or a combo of both. With working from home the new norm, this one offers the ideal opportunity. Further, the apartment features 2 off-street car spaces and affordable owners corporation fees.
Inspect to be VERY surprised.
Property History for 24/20 Commercial Rd, Melbourne, VIC 3004
- 13 Dec 2022Listed for Sale $1,300,000
- 11 Dec 2021Sold for $1,300,000
- 11 Dec 2021Sold for $1,300,000
Recent sales nearby
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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 13,692 properties. Over the last 5 years, Houses in Melbourne have seen a 55.43% increase in median value, while Units have seen a -3.58% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $2,238,081 while the median value for Units is $645,498.
- Houses have a median rent of $720 while Units have a median rent of $650.
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