S12/179 Boundary Road, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

S12/179 Boundary Road
North Melbourne VIC 3051

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 117m2
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Property Details for S12/179 Boundary Rd, North Melbourne

Building Type
Commercial
Land Size
117m2
Local Government
Melbourne

Last Listing description (October 2023)

DGi Properties & Belle Property Group are pleased to present to the market Suite 12, 179 Boundary Road, North Melbourne.

Offered for Private Sale, is a brand new, fully fitted two-level office within a mixed-use development on absolute city fringe in North Melbourne.

Comprising floor to ceiling windows on both floors and prominent street frontage to the corner of Boundary Road & Racecourse Road, this investment promises lasting visibility in this highly trafficked location.

Secure three years Lease plus options to a high-demand, NDIS sector Tenant, this is an excellent opportunity to invest in one of Melbourne premiere office & residential buildings.
Situated at the entrance of Citilink and within a stone's throw of Melbourne Zoo, Royal Park & Princes Park and 3 kilometres to Melbourne's CBD, there is a tram stop at your doorstep and 800 metres to Macaulay Train Station.

Bustling North Melbourne neighbourhood shops, cafs and restaurants are all within a short drive.

Key Features Include:
Building Area: 185m2 approx.
Rental Income: $75,000 + GST + outgoings
Four secure car parking spaces

For further details or to arrange an inspection, call:

DGi Properties:
David Gargaro - 0413 202 259
Tony Gargaro - 0411 222 766

Belle Commercial:
Charles Bongiovanni 0414 339 644
Suleyman Gunay - 0409 284 830

**NOTE: ALL EMAIL ENQUIRIES MUST CONTAIN A PHONE NUMBER**

Property Code: 320

Property History for S12/179 Boundary Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
  • 31 Oct 2023
    Listed for Sale INVESTMENT
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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 12,794 properties. Over the last 5 years, Houses in North Melbourne have seen a -13.53% decrease in median value, while Units have seen a -7.61% decrease. As at 31 May 2026:

  • The median value for Houses in North Melbourne is $1,270,669 while the median value for Units is $494,948.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 36 properties listed for sale, and 29 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 567 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.