402 St Kilda RoadMelbourne VIC 3004
Property Details for 402 St Kilda Rd, Melbourne
Last Listing description (January 2012)
This elevated ground floor space opposite Melbourne Grammar of 140m2 boasts an impressive 25 metre frontage, two under cover car parks and 6m2 storage cage.
Currently leased to Kelemen Commercial Real Estate who has resided here for the past 8 years and have recently commenced a new lease from 1st November 2011 for 5 years at a commencing rent of $65,000 net pa and CPI annual increases.
Located on the Corner of Bowen Crescent and St Kilda Road, this retail space is a financial gem in this trendy neighbourhood!
Other attractions include trams at the doorstep, CBD of Melbourne, trendy Fitzroy Street and a delectable selection of cafes, restaurants, bars and shopping stores all minutes away from this amazing building.
Kizzy Okoukoni : 0488 202 971
Property History for 402 St Kilda Rd, Melbourne, VIC 3004
- 30 Nov 2021Transferred
- 21 Oct 2011Listed for Sale $990,000.00
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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 13,700 properties. Over the last 5 years, Houses in Melbourne have seen a -2.43% decrease in median value, while Units have seen a -0.76% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,558,796 while the median value for Units is $649,600.
- Houses have a median rent of $720 while Units have a median rent of $650.
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