223/87 Gladstone StreetSouth Melbourne VIC 3205
Property Details for 223/87 Gladstone St, South Melbourne
Last Listing description (March 2019)
Colliers International are delighted to offer Suite 223, 87 Gladstone Street, South Melbourne for Immediate Private Sale. Key investment highlights are as follows:
- Total building area of 51m * offered with vacant possession
- Impressive, creative style fit-out with an abundance of natural light
- Well serviced by a number of nearby arterials including the West Gate Freeway a mere 500m* away
- Located in the highly successful Industry Business Hub development
- Suitable for all occupiers as well as local and offshore investors
Approx*
For more information on this opportunity please contact one of the Colliers International Metropolitan Investment Services team below.
Property History for 223/87 Gladstone St, South Melbourne, VIC 3205
- 15 Mar 2019Sold for $313,500
- 19 Feb 2019Listed for Sale Not Disclosed
- 18 Aug 2008Sold for $204,050
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 13,071 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:
- The median value for Houses in South Melbourne is $1,687,888 while the median value for Units is $636,972.
- Houses have a median rent of $825 while Units have a median rent of $680.
Suburb Insights for South Melbourne 3205
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