390 Clarendon StreetSouth Melbourne VIC 3205
Property Details for 390 Clarendon St, South Melbourne
Last Listing description (March 2011)
Class Act!
Modern 2 level office/ showroom with 6m frontage located on Clarendon Street in a tightly held location close to Park Street.
Leased to McMahon Entertainment on a 5 Year lease plus 3 year option returning $40,090.00 net
The property offers plenty of scope for rental growth and potential for further development (STCA).
The property is benefited by a rear right of way which provides for 2 car spaces at the rear of the building.
Zoned Business One
Property History for 390 Clarendon St, South Melbourne, VIC 3205
- 04 Mar 2011Sold for $1,070,000
- 03 Feb 2011Listed for Sale Not Disclosed
- 26 Sep 2008Listed 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. 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 12,875 properties. Over the last 5 years, Houses in South Melbourne have seen a 1.10% increase in median value, while Units have seen a 3.74% increase. As at 31 May 2026:
- The median value for Houses in South Melbourne is $1,736,032 while the median value for Units is $635,102.
- Houses have a median rent of $825 while Units have a median rent of $675.
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