Exceptional Retail Investment In The Centre Of Clarendon St
The Old Paper Shop Deli
The Deli, in operation for over 26 years is now offered for Sale with a new 10 year plus 10 year lease. Exceptionally well located in the heart of the Clarendon Shopping strip beside the National Bank and opposite The Clarendon Centre including Coles Supermarket, and other national traders, the vibrant strip has a diversity of traders, and ample on street and off street parking servicing the shoppers.
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 12,933 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:
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