Single storey modern style office building merely one door from Clarendon Street. Fully self contained, currently leased to Mitchell Partners and returning approximately $96,586pa net this property boasts rear access from Alfred Street and provides onsite undercover car parking for some seven vehicles. Boasting a frontage to York Street of just over ten metres this property offers an ideal opportunity for owner occupiers/developers to add value to this well located site situated amidst the heady development surrounding the South Melbourne Market Precinct, the Spotlight Development and the Coles On Clarendon extension on Clarendon Street. An opportunity not to be missed offered at a very reasonable price!
The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.
South Melbourne has 13,153 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:
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