60 Albert Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

60 Albert Road
South Melbourne VIC 3205

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Property Details for 60 Albert Rd, South Melbourne

Building Type
Commercial
Local Government
Port Phillip
Lot/Plan
2/LP70928

Last Listing description (September 2023)

BRAND NEW OFFICE FITOUTS WITHIN CORPORATE OFFICE DEVELOPMENT

Conveniently located between Kings Way and St Kilda Road in this highly sought after pocket of South Melbourne, Knight Frank and CBRE are pleased to offer this excellent 19-storey office building for lease.

Boasting brand new, light filled, high quality fitted and refurbished tenancies some with unobstructed views over Albert Park Lake and the CBD, this office development provides outstanding value for your business. There is also a major ground floor upgrade underway due for completion February 2023.


60 Albert Road's location is a stand out feature, with excellent amenity at its doorstep such as the iconic The Kettle Black caf as well as the Kings Way intersection providing entry to West Gate freeway and M1 Tunnel within minutes. The under construction ANZAC Train Station is also within walking distance which will provide unprecedented access into the precinct.

Current Vacancies as follows (approx):
Level 02 512.0 sqm
Level 03 167.4 sqm
Level 05 379 sqm
Level 07 240 sqm
Level 09 336.1 sqm
Level 11 356.1 sqm
Level 13 356.2 sqm
Level 19 362.2 sqm UNDER OFFER

Should you require any further information, or wish to inspect, please feel free to contact one of your preferred exclusive agents.

Property History for 60 Albert Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$50,400,000
06 Oct 2014
  • 10 May 2023
    Listed for Rent - Price not available
  • 08 Aug 2018
    Listed for Rent - Price not available
  • 06 Jul 2016
    Listed for Rent - Price not available
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,873 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:

  • The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 30 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 477 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.