25-27 Lothian StreetNorth Melbourne VIC 3051
Property Details for 25-27 Lothian St, North Melbourne
Last Listing description (October 2023)
Located in Lothian Street between Victoria and Queensberry Streets close to City Link is this clean, clear span warehouse of 400 sqm (approx) featuring painted concrete floor, front and rear loading, partitioned offices, kitchenette and rear amenities. This building would suit any number of small business uses. Rent will be increased to $65,000 from 1 July 2024.
Inspect by appointment.
Property History for 25-27 Lothian St, North Melbourne, VIC 3051
- 25 Oct 2023Listed for Rent $56,779 / year
- 07 May 2020Listed for Rent $55,000 / year
- 05 Aug 2016Listed for Rent $40,500 / year
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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 12,820 properties. Over the last 5 years, Houses in North Melbourne have seen a -10.73% decrease in median value, while Units have seen a -6.01% decrease. As at 30 June 2026:
- The median value for Houses in North Melbourne is $1,239,553 while the median value for Units is $491,194.
- Houses have a median rent of $755 while Units have a median rent of $600.
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