360 Clarendon StreetSouth Melbourne VIC 3205
Property Details for 360 Clarendon St, South Melbourne
Last Listing description (November 2022)
Generational 262sqm* corner land footprint, first time ever offered to market.
Trophy retail investment in prized Emerald Hill precinct.
Crown Casino complex, Grand Prix circuit, South Melbourne Market, Woolworths, Coles, Anzac Station, MSAC all within 1km.
Tenants include longstanding South Melbourne Fish and Chips and local favourite Relief Unit 1. cafe.
Strong and certain growth with annual fixed increases on all leases ranging from 3% to 5%.
Conservative rents with scope for significant future upside.
Two tram routes past the front door, only a 9-minute commute to Collins Street.
Residential building approvals up 39% compared to FY21 and population forecast to increase by 44% by 2041 (1).
Over $1.5 billion in nearby development completed, approved or proposed including over 100,000sqm* of new office space (2).
South Melbourne: iconic inner-city locale, only 1.7km from Melbourne CBD.
Net Income: $192,742pa + GST
Two adjoining shops also available separately.
See separate listings for 356 Clarendon Street and 358 Clarendon Street.
Buy one or buy all three.
For Sale by Private Treaty
*Approx
1 .id
2 Cordell Connect, Mazo, Urban Developer
Property History for 360 Clarendon St, South Melbourne, VIC 3205
- 27 Oct 2022Sold for $4,150,000
- 11 Apr 2022Listed for Sale 4,750,000
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 12,921 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:
- The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
- Houses have a median rent of $825 while Units have a median rent of $675.
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