332 Kings WaySouth Melbourne VIC 3205
Property Details for 332 Kings Way, South Melbourne
Last Listing description (March 2023)
Stonebridge Property Group is pleased to present for sale 332 Kings Way, South Melbourne.
The key highlights of the opportunity include:
- Prime city fringe office building that represents the ultimate opportunity for an owner occupier to own or an astute investor to add to their portfolio
- 3-level building with excellent office space in a flexible Commercial 1 Zone, providing scope for a variety of uses including office, medical, retail and hospitality
- Office space ideal for the owner occupation of businesses including graphic designers, marketing agencies, architects, builders, developers, sound studio, family offices, engineers and more
- Highly functional internal building with no refurbishment needed, boasting high ceilings, natural light, employees kitchen and bathrooms
- Access to car parking for up to 6 cars, a rare commodity within this precinct of South Melbourne
- Surrounded by some of Melbourne's best amenity Albert Park Lake (400 m*), Albert Park Golf Course (400 m*), Future Anzac Station (300 m*), Kettle Black Cafe (150 m*) and MSAC (1.1 km*), City Edge South Melbourne (next door), Albert Park Lake (400 m*), Albert Park Golf Course (400 m*), Future Anzac Station (300 m*), Kettle Black (150 m*) and MSAC (1.1 km*)
- Significant depreciation available from the extensive fitout
- Rare opportunity to secure an office building in Melbourne most in-demand city fringe suburb
-
332 Kings Way, South Melbourne is for sale via Public On-site Auction on Friday 31st March at 10:30am (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Dylan Kilner
0459 396 341
Max Warren
0488 296 892
Shawn Luo
0412 338 918
*Approximate
Property Code: 600
Property History for 332 Kings Way, South Melbourne, VIC 3205
- 31 Mar 2023Sold for $1,500,000
- 09 Aug 2019Listed for Sale Not Disclosed
- 12 Jul 2019Listed for Rent - Price not available
Recent sales nearby
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About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:
- The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
- Houses have a median rent of $725 while Units have a median rent of $650.
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