161-163 Buckhurst Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

161-163 Buckhurst Street
South Melbourne VIC 3205

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Property Details for 161-163 Buckhurst St, South Melbourne

Building Type
Commercial
Local Government
Port Phillip
Lot/Plan
2/PS748347

Last Listing description (January 2024)

Prime Ground Floor Retail/Office Space in South Melbourne

Lemon Baxter are pleased to offer For Lease, Ground Floor, 161 Buckhurst Street, South Melbourne.

A ground floor retail coffee shop/office opportunity at the base of a Brand-New standout boutique office building. Design and set up your own city fringe coffee shop or boutique office which can service the vast array of surrounding business including Nike and Kogan (Head Office).

Located just off Montague Street and within walking distance to Montague Street Light Rail, Port Melbourne retail strip and easy access to Melbourne CBD, South Melbourne Market, Crown Casino with the added benefit of a quick drive to the Westgate Freeway on ramp.

Property highlights include:

- Building area: 29 sqm*
- Large glass shop front
- Grease trap
- Clear span retail space
- Quick walk to Montague St light Rail
- Boarding residential (opposite Boundary Street)
- Ample surrounding offices and buildings
- Popular city fringe location
- Available from 22 June 2023

Property History for 161-163 Buckhurst St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
  • 17 May 2023
    Listed for Rent - Price not available
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About South Melbourne 3205

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 13,069 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:

  • The median value for Houses in South Melbourne is $1,687,888 while the median value for Units is $636,972.
  • Houses have a median rent of $825 while Units have a median rent of $680.
There are currently 33 properties listed for sale, and 39 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 480 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.