346-348 Clarendon St, South Melbourne is a 2 bedroom, bathroom House with 1 parking spaces. The property has a land size of 198m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Broad fronted (7.22m) Victorian Terrace shop and dwelling on 195 sqm of Commercial 1 land with front and rear access. These self-contained tenancies generate a total annual income in the order of $117,627 as at 01.03.2020 from established tenants with a total building area of 225 sqm being 105 sqm in retail space, and 120 sqm (generous 3 bedrooms) of dwelling (59 Emerald Hill Place); there remains scope to further improve/develop STCA. Future proof your portfolio with this well located investment.
Call now to arrange an inspection.
Auction 27th Novemeber 2019 @ Noon.
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.
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 12,922 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:
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