123/171 Flemington RoadNorth Melbourne VIC 3051
Property Details for 123/171 Flemington Rd, North Melbourne
123/171 Flemington Rd, North Melbourne is a 0 bedroom, 0 bathroom Car Space with 1 parking spaces and was built in 1970. The property has a land size of 5930m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (March 2022)
UNDER OFFER
Hewett Commercial is excited to offer these ground level car parks for sale. Ideally positioned opposite the Royal children's hospital, these separately titled car parks can be sold separately to together.
Occupy yourself or purchase for investment.
Features include:
* Easy access via security gate on Flemington Road,
* Offered vacant possession or holding income,
* Added benefit of being metres from a number of tram lines,
* Close to hospitals, NEW train station and large residential population,
* Outgoings estimated to be around $26 per month per space,
* Invest in a busy medical precinct.
Lots 123 & 124 are available for sale if additional car parking required in a row.
Call Andrew Hewett for more details or an inspection.
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ZONE:
General Residential Zone in Melbourne City Council
OUTGOINGS:
Council Rates - $176 per annum
Water Rates - $79 per annum
Owners Corporation - $52 per annum
Land Tax (SHB) - $0
PRICE:
negotiable
RENTAL:
current Monthly rental was $2,200 pa (NET income being $1,913 pa)
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* Note, all uses are subject to all approvals and figures mentioned above should be confirmed on the final documentation. Est for 2021 figures per annum per car park, excludes GST and congestion levies (if any).
Property History for 123/171 Flemington Rd, North Melbourne, VIC 3051
- 13 Feb 2022Sold for $28,000
- 17 Jun 2021Listed for Sale negotiable
Recent sales nearby
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0About 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 12,780 properties. Over the last 5 years, Houses in North Melbourne have seen a -8.72% decrease in median value, while Units have seen a -4.55% decrease. As at 30 April 2026:
- The median value for Houses in North Melbourne is $1,304,139 while the median value for Units is $515,667.
- Houses have a median rent of $750 while Units have a median rent of $600.
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