194 Gladstone Street, South Melbourne, VIC 3205 sold on 11 June 2025 | OnTheHouse
SOLD
Sold on 11 Jun 2025 for $1,000,000

194 Gladstone Street
South Melbourne VIC 3205

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 158m2
Land area: 181m2
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Property Details for 194 Gladstone St, South Melbourne

Building Type
Commercial
Floor Size
158m2
Land Size
181m2
Local Government
Port Phillip
Lot/Plan
2046/PP3084D

Last Listing description (July 2022)

POINT OF INTEREST:
Amongst South Melbournes myriad of streets and laneways is this two-storey office space boasting street frontage. Set in between the heart of both South and Port Melbourne, this fully-fitted standalone office offers versatile work and meeting areas, six on-site garaged car spaces, ducted heating and cooling, generous balconies, plus natural light that flows throughout. Thanks to the location, youre walking distance from Clarendon and Bay Streets, plus South Melbourne Market, which is open four days a week, and the Bay open seven - you'll never be at a loss for amenity. Additionally, tram routes 109, 96 and 12 are well within walking distance, connecting you with ease to the Melbourne CBD.

- Total building area of 314 sqm*.

- Total land area of 192 sqm*.
- Six on-site garaged car spaces.
- 950 m* to South Melbourne Market.
- Less than 1.5 km* to the CBD.
- Tram route 109 just 150m* away.
- Major arterial roads including Westgate & Monash Freeways and CityLink all within minutes.

POINT OF VIEW:
Its a South Melbourne location complemented by six garaged car spaces, just without the premium rent. Any local will tell you that is a big win.

*Approx.
Pricing excludes GST

Property History for 194 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,000,000
11 Jun 2025
Listed for Rent
$1.90k/w
07 Jul 2022
  • 11 Jun 2025
    Sold for $1,000,000
  • 12 Mar 2021
    Listed for Rent - Price not available
  • 19 Jun 2012
    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. 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 12,826 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 33 properties listed for sale, and 38 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 470 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.