178 Ferrars StreetSouth Melbourne VIC 3205
Property Details for 178 Ferrars St, South Melbourne
Last Listing description (May 2020)
EXPRESSION OF INTEREST CLOSING THURSDAY 6TH JUNE @ 3.00 PM
INVEST, DEVELOP OR OCCUPY?
Lemon Baxter are pleased to offer for sale 178 Ferrars Street, South Melbourne.
The offering comprises of a standalone, two story, fully leased building which is separated into two self-contained secure tenancies with the first floor being a smartly fitted office space and the ground floor a fully fitted Commercial Kitchen with loading dock.
Land Size: 137.78 sqm
Net lettable area: 204 sqm
Zoning: Industrial 1
Current Net Income: $101,104.32 per annum Plus GST
The property is located on the West side of Ferrars street between City Road and York Street with the South Melbourne market only a stones throw away.
The property is located in close proximity to key attractions including:
South Melbourne Market 180m
Middle Park 2.9km
Bay Street 1.4km
Melbourne CBD 2km
Crown Casino 950m
Major freeway arterials 1km
Light rail tram 190m
To obtain further information or to arrange a site inspection, please contact the
exclusive selling agents:
Chris Chartres
Director Commercial/Industrial Sales & Leasing
0439 399 220
chris.chartres@lemonbaxter.com.au
Chris Curtain
Executive Director
0418 335 572
chris@lemonbaxter.com.au
Property History for 178 Ferrars St, South Melbourne, VIC 3205
- 13 Jun 2019Listed for Sale Contact Agent
- 13 Jun 2019Sold for $1,705,000
- 08 May 2019Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 12,881 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:
- The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
- Houses have a median rent of $720 while Units have a median rent of $650.
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