193 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

193 Bank Street
South Melbourne VIC 3205

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 175m2
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Property Details for 193 Bank St, South Melbourne

Building Type
Commercial
Land Size
175m2
Local Government
Port Phillip
Lot/Plan
3/PS400318

Last Listing description (November 2023)

Only occasionally you come across a property which exudes quality and presents that "Wow" factor. This is one of those properties.

A 3 level exquisitely renovated building which is located opposite the stunning South Melbourne Town Hall and adjacent the South Melbourne library in the Emeral Hill precinct, only 50 m from Clarendon street.

The market is two blocks away and direct access to the CBD is via trams along Clarendon Street.

The property boasts a near 8 m frontage to Bank street and provides a highly renovated space over two levels plus substantial roof top terrace are with stunning views of the South Melbourne Town Hall and Melbourne city skyline

Internally, the property has been utilised for a mix of Hairdressing and therapeutic services. Connections for drainage and water remain within the premises for use by a new occupant all the hard work has been done.
The ground floor incorporates a feature wall fountain rising through the two levels creating a calming atmosphere throughout and this is only one example of the features of this premises, with high quality additional features such as a Steam Room and separate wet massage shower room located on the first floor all created with quality in mind.

Property Highlights:

300 m2 over two levels
Additional Roof top terrace with great views of South Melbourne Town Hall and City Skyline
Large frontage to Bank Street
Multiple massage / Treatment rooms
Atrium water feature
High quality finishes
Multiple services / connection points in place
Ideal for high end Hairdressing /skin therapy/ Beauty clinic/ allied Medical or alternately service retail/ office
A must-see property.

This property would cost a fortune to recreate but here it is awaiting a new occupant to benefit from all the quality workmanship currently in place

Rogan Sedger 0418352812

Property History for 193 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$2,650,000
10 Dec 2021
Listed for Rent
$120k/w
07 Aug 2023
  • 14 Jun 2023
    Listed for Rent - Price not available
  • 10 Dec 2021
    Sold for $2,650,000
  • 11 Nov 2021
    Listed for Sale Contact Agent
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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 12,850 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 29 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 474 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.