6 Lothian Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

6 Lothian Street
North Melbourne VIC 3051

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 83m2
Land area: 222m2
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Property Details for 6 Lothian St, North Melbourne

Building Type
Commercial
Floor Size
83m2
Land Size
222m2
Local Government
Melbourne
Lot/Plan
1/TP385059

Last Listing description (December 2020)

Colliers International and Nardella Real Estate are pleased to present these two inner-city warehouses comprising the following key attributes:

4 LOTHIAN STREET, NORTH MELBOURNE

- A single-storey, brick office-warehouse situated on 220sqm* of land;
- Functional layout of 213sqm* GBA;
- Broad frontage of 8.75m* to Lothian Street plus rear frontage to Little Lothian Street;
- Zoned Mixed-Use suiting a wide array of uses;
- Current fit out includes office space and warehousing;
- Offered with short term holding income of $45,000 + GST p.a. net;
- Tenant liable for outgoings + land tax
- Highly suited towards occupiers, value-add investors and developers.

6 LOTHIAN STREET, NORTH MELBOURNE
- A single-storey, brick office-warehouse situated on 220sqm* of land;
- Functional layout of 213sqm* GBA;
- High exposure frontage of 8.76m* to Lothian Street plus rear frontage to Little Lothian Street;
- Zoned Mixed-Use suiting a wide array of uses;
- Quality fit out suiting office and the arts providing flexible future tenancy options;
- Offered with short term holding income of $45,000 + GST p.a. net;
- Tenant liable for outgoings + land tax
- Highly suited to occupiers, value-add investors and developers.

THE LOCATION
- North Melbourne is a bustling inner-city precinct; the suburb is dotted with parklands, destination cafes, pubs and has been a focal point of recent development;
- Lothian street is walking distance to Abbotsford Streets tram network and Errol Streets historic retail village;
- Linkage to Melbourne's public transport network, includes the 57 Tram just metres from the doorstep and North Melbourne Train Station providing direct access to the CBD.

FUTURE PROOF
- Metres from the Metro Rail Network, Victoria's largest infrastructure project; at a total cost of $11b, the project is currently under construction and slated for delivery by 2025;
- The new North Melbourne Train Station will provide a link to the University and Biomedical Precincts, along with a cross-town connection further solidifying North Melbourne's status as a future proof location;
- Set to benefit from the Arden Urban Renewal Project, accommodating for an additional 34,000 jobs and 15,000 residents across the precinct by 2051*.

*approx.

EOI Closed Offers Under Review

To arrange an inspection or for more information please contact Colliers International and Nardella Real Estate as the exclusive selling agents.

Colliers International
Oliver Hay | +61 419 528 540
Dave Walker | +61 439 889 048
Leon Ma | +61 417 070 725

Nardella Real Estate
Ray Nardella | +61 418 348 530

Property History for 6 Lothian St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$1,440,000
09 Dec 2020
  • 09 Dec 2020
    Sold for $1,440,000
  • 30 Oct 2020
    Listed for Sale Please contact agent
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About North Melbourne 3051

The size of North Melbourne is approximately 2.4 square kilometres. It has 12 parks covering nearly 4.7% of 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 -0.28% decrease in median value, while Units have seen a -1.39% decrease. As at 31 January 2026:

  • The median value for Houses in North Melbourne is $1,315,638 while the median value for Units is $498,827.
  • Houses have a median rent of $680 while Units have a median rent of $595.
There are currently 39 properties listed for sale, and 32 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 534 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.