364-368 Clarendon StreetSouth Melbourne VIC 3205
Property Details for 364-368 Clarendon St, South Melbourne
Last Listing description (June 2021)
High Profile Clarendon Street Corner
Colliers and Cropley Commercial are pleased to offer for sale the freehold interest in the prominently located Limerick Arms Hotel positioned on the corner of Clarendon and Park Streets, South Melbourne.
The Limerick Arms Hotel benefits from a long established tenant and strong underlying lease providing the ideal investment for an astute investor. With fixed rental increases and a increasingly affluent surrounding population the Limerick Arms is underpinned by its commercial 1 zoning in one of Melbourne's most popular retail strips.
Property Highlights:
Securely leased investment to an experienced tenant
Initial lease term of 10 years with 3 years remaining and further options of five and ten years.
Fixed annual rental increases to 2029
Quality improvements featuring multiple trading areas including public bar, dining room, function spaces and accommodation rooms
Strong market catchment, with high disposable income driving tenants business performance
Large footpath trading area
Located only 2.2km from the Melbourne CBD with trams passing the property.
An ideal city fringe investment not to be missed.
The property is offered for sale by Expressions of Interest closing Wednesday 26 May at 4pm (AEST).
For further information, please contact the selling agents listed below.
COLLIERS:
Guy Wells
0405 612 416
Oliver Hay
0419 528 540
Tom Isaksson
0422 154 570
CROPLEY COMMERCIAL:
George Iliopulos
0414 374 161
Property History for 364-368 Clarendon St, South Melbourne, VIC 3205
- 28 Jun 2021Sold - Price Undisclosed
- 22 Apr 2021Listed for Sale Please contact agent
- 29 Oct 2008Listed for Sale Not Disclosed
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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