111-113 Arden StreetNorth Melbourne VIC 3051
Property Details for 111-113 Arden St, North Melbourne
Last Listing description (November 2014)
CVA Property Consultants are pleased to offer you the opportunity to secure a two level office building with residential development potential (STPA) located at 111-113 Arden Street, North Melbourne.
The property features an existing two level office building requiring completion, allocated onsite parking, two street frontages (Arden Street at the front and Little Baillie Street at the rear), and a flexible Mixed Use Zone (MUZ) allowing for a range of residential, commercial and other uses (STPA).
Further enhancing the property is its remarkable city fringe location; just 2 kilometres (approx) from the Melbourne Central Business District, minutes away from Melbourne University, Australias largest Medical Precinct (a major employment and activity centre) and a full array of retail and lifestyle amenity including Errol Street, Queen Victoria Market as well as a full range of public transport. Major arterials including the Westgate Freeway, Monash Freeway and Eastern Freeway are easily accessible and are all within 4 kilometres (approx) of the property.
This is a prime opportunity not to be missed, enquire today.
Property History for 111-113 Arden St, North Melbourne, VIC 3051
- 22 Nov 2014Sold for $2,915,000
- 02 Sep 2014Listed for Sale Not Disclosed
- 27 Mar 2013Sold for $2,750,000
Recent sales nearby
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About North Melbourne 3051
The size of North Melbourne is approximately 2.4 square kilometres. There are 12 parks, covering nearly 4.7% of the total area. The population of North Melbourne in 2016 was 14940 people. By 2021 the population was 14953 showing a population growth of 0.1% in the area during that time. The predominant age group in North Melbourne is 20-29 years. Households in North Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Melbourne work in a professional occupation.In 2021, 33.00% of the homes in North Melbourne were owner-occupied compared with 28.50% in 2016.
North Melbourne has 12,823 properties. Over the last 5 years, Houses in North Melbourne have seen a -14.47% decrease in median value, while Units have seen a -2.46% decrease. As at 31 July 2026:
- The median value for Houses in North Melbourne is $1,238,107 while the median value for Units is $502,125.
- Houses have a median rent of $760 while Units have a median rent of $610.
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