538 City Road, South Melbourne VIC 3205
Freehold two (2) storey building comprising office and showroom on the ground floor and residence above
215sqm* zoned landholding Capital City Zone 1 - ideal for mixed use development
Convenient rear car park on title accommodating three (3) cars
Offered with vacant possession and provides accommodation for retail/office/residential uses
Situated within the highly evolving Montague precinct will consist of substantial future mixed use development in the future
Direct access to Melbourne CBD, Westgate Freeway and Southbank, Clarendon Street and Bay Street retail precincts
For more information or to arrange an inspection, please contact the exclusive sales and marketing agents below:
Paul Tzamalis
+61 433 880 110
Ed Wright
+61 421 213 021
Tim Last
+61 437 070 300
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 12,851 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:
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