228-230 Dorcas Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

228-230 Dorcas Street
South Melbourne VIC 3205

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 701m2
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Property Details for 228-230 Dorcas St, South Melbourne

Building Type
Land
Land Size
701m2
Local Government
Port Phillip
Lot/Plan
S2/PS805104

Last Listing description (December 2018)

Fitzroys is delighted to offer this prominent hospitality opportunity located within South Melbourne s premier retail and commercial precinct. This opportunity comprises ground floor restaurant/caf opportunity plus additional first floor dining / office tenancy, only metres from South Melbourne Market.
Key features include:
- Ground level Caf /Restaurant of 278m approx. with capacity for 120 patrons internally and 32 patrons externally

- Fully serviced for food and beverage within landmark mixed use development by award winning developer Piccolo
- First floor tenancy of 152m with seperate entrance from Charles Street plus lift access
- Surrounded by ample car parking and in close proximity to proven hospitality operators
- Situated within South Melbourne s diverse commercial precinct, surrounded by a large contingent of office users and a thriving residential population
- Architecturally designed building envelope by award winning architect Wood / Marsh
- Convenient access to the CBD and surrounding areas via tram, rail and road
- Within walking distance to extensive amenity including Albert Park Lake, MSAC, Clarendon Street retail precinct and the South Melbourne Market
For Lease by Expressions of Interest closing Wednesday 10th October at 2pm.
For an Information Memorandum please contact James Lockwood or Rick Berry.

Property History for 228-230 Dorcas St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Transferred
23 Sep 2022
Listed for Rent
04 Mar 2019
  • 23 Sep 2022
    Transferred
  • 13 Sep 2018
    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. 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.
There are currently 32 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 473 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.