387 City RoadSouth Melbourne VIC 3205
Property Details for 387 City Rd, South Melbourne
Last Listing description (February 2023)
387 City Road is a modern two-level commercial office building which has recently undergone extensive refurbishment works to the ground floor, entrance and lobby of the building.
Situated on the corner of City Road and Ferrars Street, it is positioned in a prime South Melbourne location being 200m from the South Melbourne market and has bus route 234 and tram route 96 situated on the doorstep, connecting you from Port Melbourne through to Flinders St and St Kilda Station through to Southbank.
CuThe available first floor refurbishment has just been completed to a high standard with a brand new spec fit out including: - CURRENTLY UNDER OFFER
- 36 Workstations
- 5 meeting rooms
- 2 Collaboration areas
The property enjoys:
-Great natural light from three sides
-Exclusive bathroom and kitchen facilities on both floors.
-Level one includes a breakout area through its terrace
-Close proximity to South Melbourne Market, Clarendon Street retail precinct
-Direct access to Citylink, Westgate Freeway and the Melbourne CBD via Montague street
Owned by Melbourne-based asset management and property development company, Riverlee, this building is part of a portfolio that centres on quality, tenant outcomes and design excellence.
Riverlee is known for its collaboration, integrity and people-centric approach, leading the way as a provider of commercial space and amenity.
As part of Riverlee's commitment to sustainability, all buildings feature a range of energy, water and waste management initiatives and systems to minimise our environmental impact
Contact your preferred exclusively appointed leasing agency to discuss this opportunity further and to arrange your inspection.
+++++UNDER OFFER+++++
Property History for 387 City Rd, South Melbourne, VIC 3205
- 18 Aug 2020Listed for Rent - Price not available
- 07 Mar 2018Sold for $12,100,000
- 15 Jan 2018Listed for Sale Contact Agent
Recent sales nearby
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About 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 12,941 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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