11-29 Eastern Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

11-29 Eastern Road
South Melbourne VIC 3205

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3746m2
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Property Details for 11-29 Eastern Rd, South Melbourne

Building Type
Commercial
Land Size
3746m2
Local Government
Port Phillip
Lot/Plan
1/TP829352

Last Listing description (June 2023)

11 Eastern will be a new age workplace delivering inspiring experiences for staff and visitors. A new South Melbourne icon, 11 Eastern Road will be a healthy, safe and intuitive workplace for forward thinking businesses.

Located amongst the vibrant amenity of South Melbourne, 11 Eastern will be a market leading commercial destination, without the chaos of the CBD. Positioned between Melbourne's two most iconic green spaces, Botanic Gardens and Albert Park, the onsite end of trip facilities, bike storage and wellness centre will truly inspire a healthy and active lifestyle for staff.


Sitting on the number 1 tramline and less than a 5-minute walk to the future ANZAC Station, staff can effortlessly tram, train, walk, ride or drive to 11 Eastern Road. Conveniently positioned 2-minutes from the entrance to the Western Freeway and South Eastern suburbs, drivers will completely avoid the congestion of the CBD.

The building has been thoughtfully designed by RotheLowman, renowned architects for welcoming and functional buildings. The ground floor incorporates two food and beverage retail tenancies, a casual business lounge, spacious spiral staircase up to the mezzanine tenancy, wellness hub, bike repair centre and end of trip facilities. The office floors are just as impressive, providing 360-degree panoramic views of the city, Albert Park and Port Phillip Bay, as well as four spacious terraces throughout the building.

Key development highlights:
- 16,044sqm of office space with A Grade services, lifting and facilities
- 4 spacious outdoor terraces
- Bright and flexible floorplates ranging from 890-16,044sqm
- Floor to ceiling windows on all office floors
- Opportunity to interconnect between floorplates
- High tech health and safety features including UV light cleaning technology in communal areas and constant access to fresh air
- 5-minute walk to future ANZAC Station
- Sits between Melbourne's most iconic green spaces, Albert Park and Botanic Gardens
- Easy access to Clarendon Street and South Melbourne Market

For further information please contact any of the appointed agents.

Property History for 11-29 Eastern Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$16,500,000
18 May 2015
Listed for Rent
$595/w
13 Jun 2023
  • 17 May 2023
    Listed for Rent - Price not available
  • 17 Sep 2020
    Listed for Rent - Price not available
  • 18 May 2015
    Sold for $16,500,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,875 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 35 properties listed for sale, and 23 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 482 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.