71-73 Palmerston CrescentSouth Melbourne VIC 3205
Property Details for 71-73 Palmerston Cres, South Melbourne
Last Listing description (January 2024)
YOUR VISION, YOUR RETAIL SPACE AVAILABLE NOW
Colliers is delighted to present this brand-new ground-floor offering at 71 Palmerston Crescent, South Melbourne.
This versatile lobby space is ideally located, with 2,600m2 of office space above and surrounded by neighbouring office and residential foot traffic. While it's ideally suited for Caf and F&B operators, this blank canvas opportunity can accommodate various retail concepts.
With direct street and lobby access, an undercover outdoor seating area, and sliding bay windows, this space can operate 7 days a week without being restricted by office operating hours.
Key Features:
Available Area: 62m2*
Available now
Blank canvas
Flexible terms and incentives available
Outdoor seating area
Grease trap & extraction
Potential storage options available
Lobby end-of-trip facilities & bike racks available
For more information or to schedule an inspection, please contact your exclusively appointed Colliers agent.
Thomas Macrae | 0447 649 422
*Approximate
Property History for 71-73 Palmerston Cres, South Melbourne, VIC 3205
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 13,153 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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