279-281 Clarendon StreetSouth Melbourne VIC 3205
Property Details for 279-281 Clarendon St, South Melbourne
Last Listing description (August 2016)
Land area 367m2 approx. Two shops leased as one and returning $137,540.88 per annum net plus GST (at settlement) on a four (4) year lease commenced 14th September 2014 for four years with two further terms of four years. CPI annual increases with market reviews at options.
Inspect by appointment only Wednesdays 10:30-11:00am or 2:30-3:00pm.
Currently held under 1 lease the shops are topped by two residential tenancies. The head Lessee, The Blue Room is a well-known and very successful modern Australian restaurant with a Mediterranean influence, located in the heart of South Melbourne and is a family owned and run business established 1997. 2 street frontage, Bank Place at the rear.
Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.
Property History for 279-281 Clarendon St, South Melbourne, VIC 3205
- 10 Jan 2025Sold for $6,550,000
- 01 Sep 2015Listed for Rent - Price not available
- 28 Aug 2015Sold for $4,300,000
Recent sales nearby
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0About 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 12,939 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:
- The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
- Houses have a median rent of $850 while Units have a median rent of $675.
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