615 St Kilda RoadMelbourne VIC 3004
Property Details for 615 St Kilda Rd, Melbourne
Last Listing description (March 2013)
New headquarters for renowned high profile organisation
Jones Lang LaSalle and Colliers International are pleased to present this exciting opportunity to secure a long term office investment underpinned by a new 10-year lease to a high profile tenant.
Rarely is the market presented with such an exceptional long term investment opportunity, producing a stable and secure cash flow over a 10-year lease term, with long term development upside which may be further enhanced following pending changes to the planning scheme. Therefore, we strongly recommend serious consideration for this
INVESTMENT HIGHLIGHTS
??? New 10 year lease to highly regarded tenant
??? 100% leased 8,532m??* office building with 136 car spaces*
??? Large flexible floor plates
??? Excellent natural light on all four sides
??? High profile corner position
??? Massive 77 metre* frontage to St Kilda Road
??? Large underlying land area of 3,508m??*
??? Net income $2,827,726 pa*
Property History for 615 St Kilda Rd, Melbourne, VIC 3004
- 18 Mar 2013Sold for $29,100,000
- 02 Oct 2012Listed for Sale Not Disclosed
- 18 Dec 1997Sold for $21,850,000
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 13,705 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.
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