84-88 Montague StreetSouth Melbourne VIC 3205
Property Details for 84-88 Montague St, South Melbourne
Last Listing description (March 2023)
AUCTION THURSDAY 2ND MARCH AT 12NOON ON SITE
Nichols Crowder is delighted to present to the market this prominent and high profile, two level office/showroom building which occupies a generous corner landholding in the heart of South Melbourne.
With a lease through to September 2025 (no option) and positioned on a generous Capital City Zone landholding, this stunning freehold asset is ideal for long term investment, future occupation or development (STCA).
Key highlights include:
* Main road corner profile
* Impressive tenant in massive growth - Empire Studios
* Lease through to September 2025 (no option)
* Current rental at $105,000 per annum + GST & most outgoings
* High quality showroom/office over two levels
* Building area: 754sqm*
* Site area: 460sqm*
* Capital City Zone (CCZ1)
* Surrounded by modern high level development
* Adjoins Light Rail service
* Tenant has refitted premises at their cost
* Future market rental growth expected
OPEN FOR INSPECTION
Thursday 2nd March at 11.30am, followed by Auction at 12noon
For further details or to arrange an inspection, please contact:
Julian Vautin 0420 406 660
Matt Nichols 0418 186 488
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.
Property History for 84-88 Montague St, South Melbourne, VIC 3205
- 02 Mar 2023Sold for $4,340,000
- 03 Feb 2023Listed for Sale Contact Agent
- 16 Jun 2016Listed for Rent $100,000 / year
Recent sales nearby
See more recent sales nearby/assets/perm/jcbvavgecmi6xnlqxub62uatw4?signature=1236843e6483d6f94d19cbd74ab6d8154220d6a268223c7f34f9044612acc795){kind=logo}
0
/assets/perm/m64swomwpui63eazvx2p26adpe?signature=6b549b6063c784a253e8dc384bc7f25c74472e25781a611115d5b6716a6f85ba){kind=logo}
0/assets/perm/wd7azi2atai65hdh5n3erfk5tq?signature=0c103ef56e2461b14728ddbab2f6fd6bf863f57fe94734b277e264433de1aa28){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 12,931 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.
Suburb Insights for South Melbourne 3205
Market Insights
South Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
South Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
