204/87 Gladstone StreetSouth Melbourne VIC 3205
Property Details for 204/87 Gladstone St, South Melbourne
Last Listing description (October 2023)
Don't miss the chance to secure this perfect space for your business or portfolio. With an existing fit out and in a convenient inner city location, this one won't last long.
Located on Level 2 of this modern office building, close to Montague Street, this stunning office suite is currently tenanted by a law firm on a month to month basis.
Key features include:
* Total office area: 112sqm*
* Modern fit out ideal for all business uses
* Bathroom & kitchenette
* One (1) secure car space
* Onsite cafe
* Ideal for owner occupiers and investors
* Low vacancy rate in the area
* Convenient City fringe location
For further details or to arrange an inspection please contact:
Julian Vautin 0420 406 660
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.
Property History for 204/87 Gladstone St, South Melbourne, VIC 3205
- 08 Oct 2025Sold for $450,000
- 19 Apr 2023Listed for Sale Contact Agent
- 27 Nov 2018Listed for Rent $39,500 / year
Recent sales nearby
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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 12,857 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.
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