20-22 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

20-22 Albert Road
South Melbourne VIC 3205

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1188m2
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Property Details for 20-22 Albert Rd, South Melbourne

Building Type
Commercial
Land Size
1188m2
Local Government
Port Phillip
Lot/Plan
1/TP755249

Last Listing description (November 2023)

22 Albert Road is a well refurbished 11 storey office building located in the heart of South Melbourne/St Kilda Road Commercial District between Kings Way and St Kilda Road.
The property is located directly opposite the currently being constructed Anzac Railway Station.

The property provides excellent office accommodation with great natural light and on site car parking. Most areas are fully partitioned to a quality standard.

The building also has a common shared working space available for all tenants.

Areas available:

Level 1 - 127 sqm - refurbished, open plan

Level 2 - 321sqm - refurbished, can be split into circa 221sqm & 100sqm

Level 3 - 158.5 sqm - fully fitted with 3 office rooms, 1 boardroom, kitchen and open plan.

Level 4.01 - 105.4 sqm - Brand new fit out - fully fitted with 1 boardroom, kitchen, 9 workstations & collaboration area

Level 5 Part - 305 sqm - Second generation fit out, available 1/07/2024

Level 7.01 - 261 sqm - Brand new fit out, fully fitted with arrival space, 1 boardroom, 2 offices, 23 workstations, kitchenette, and collaboration area

Level 9.02 - 174 sqm - Brand new fit out, fully fitted with arrival space, 1 boardroom, 1 VC room, 19 workstations, and collaboration area

Call the below agents now for a immediate private inspection

4 Star NABERS rating

Property History for 20-22 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$17,500,000
01 May 2008
Listed for Rent
16 Nov 2023
  • 20 Sep 2017
    Listed for Rent - Price not available
  • 16 Apr 2015
    Listed for Rent - Price not available
  • 01 May 2008
    Sold for $17,500,000
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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 12,877 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.
There are currently 34 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 478 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.