196-202 Gladstone StreetSouth Melbourne VIC 3205
Property Details for 196-202 Gladstone St, South Melbourne
Last Listing description (January 2017)
Colliers International is pleased to offer this creative existing office building with value-add upside at 196-202 Gladstone Street, South Melbourne, for sale by Public Auction.
The property is located on the doorstep to Melbourne s CBD, in the heart of South Melbourne. Favourably zoned Capital City, the property allows for a variety of uses as well as inevitable redevelopment/refurbishment upside (STCA). Situated between the light rail service and expansive parkland, the property is sensationally located only a short walk to Bay Street shops, Clarendon Street retail strip, South Melbourne market as well as close proximity to major arterials providing access to all regions.
The key features of this outstanding property are:
- Dual street frontages
- Capital City zoned land of approximately 435m
- Vacant Possession
- Variety of refurbishment/redevelopment options
- Well located with close proximity to parklands, public transport, retail amenity, major arterials
- Highly desirable South Melbourne location
- Excellent ceiling heights providing ample natural light
- Functional existing open plan fit out
- Male & Female amenities
- Kitchenette
- Secure undercover parking accessible via Gladstone Street
For Sale by Public Auction on-site Friday 24th July at 1pm. For further details please contact the exclusive sales agents at Colliers International.
Property History for 196-202 Gladstone St, South Melbourne, VIC 3205
- 24 Jul 2015Sold for $3,470,500
- 23 Jun 2015Listed for Sale Not Disclosed
- 15 Feb 2000Sold for $565,000
Recent sales nearby
See more recent sales nearby/assets/perm/m64swomwpui63eazvx2p26adpe?signature=6b549b6063c784a253e8dc384bc7f25c74472e25781a611115d5b6716a6f85ba){kind=logo}
0/assets/perm/mnrfy5yi7yi65dgfifkef557oa?signature=2ca0f3ea4ed1197bd530eaa1ae0e6ad29b9096b50da8d533f242fa884270ced0){kind=logo}
0/assets/perm/dwkkyoii7mi65kin76cp3xgreq?signature=ba5c859691d50996a0d422c23293d74d775211be33bc07fdcafb279a65dab61b){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 12,853 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.
Suburb Insights for South Melbourne 3205
Market Insights
South Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
South Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
