79 Thistlethwaite StreetSouth Melbourne VIC 3205
Property Details for 79 Thistlethwaite St, South Melbourne
Last Listing description (June 2017)
Ray White Commercial proudly present this prime Warehouse/Residence located in the heart of South Melbourne on the door step of the Melbourne CBD. This location provides direct access to CityLink, Westgate Freeway and the Melbourne CBD. Public transport is within a short walk with the South Melbourne market and Clarendon retail precinct in close proximity.
The property is currently leased to long standing renowned Blacksmith who occupies the whole property. Located within a Capital City Zone will allow an astute investor the opportunity to unlock this properties future development prospects.
Location underpins property values, with this rustic beauty on the cusp of the Melbourne CBD will ensure your future options: Investment, Development or Occupying will bring success.
Land Area | 160m2 approximately
Building area | 280m2 approximately
Rental | $47,000 per annum plus outgoings
Lease | Five (5) Years
Reviews | Increased 3% Annually
Options | (NIL)
Zoning | Capital City Zone (CCZ1)
Ground Floor
Former Bakery converted in Blacksmith Work Shop
Level 1
Open plan Industrial Apartment with an abundance of natural light
Property History for 79 Thistlethwaite St, South Melbourne, VIC 3205
- 02 May 2017Sold for $1,400,000
- 09 Mar 2017Listed for Sale Price Upon Application
- 08 Jul 2016Listed for Sale Expressions of Interest
Recent sales nearby
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0About 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 12,878 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:
- The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
- Houses have a median rent of $725 while Units have a median rent of $650.
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