175-177 Domain Road, South Yarra, VIC 3141 | Property Value & History | OnTheHouse
OFF MARKET

175-177 Domain Road
South Yarra VIC 3141

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 243m2
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Property Details for 175-177 Domain Rd, South Yarra

Building Type
Commercial
Land Size
243m2
Local Government
Melbourne
Lot/Plan
1/TP665978

Last Listing description (October 2023)

The offering comprises a prominent two (2) level freestanding building with over 8 metres of frontage onto the bustling Domain Road, completed with an outstanding northern outlook over the Royal Botanic Gardens to the CBD.

The key features of the property can be summarised as follows:

* Prominent two (2) level freestanding building with over 8 metres of frontage onto the bustling Domain Rd

* Leased to Bacash Restaurant since 2005, one of Melbourne's most highly regarded seafood destinations
* Brand new 4 year lease commencing August 15 2013, with a further 3 x 4 year options remaining
* Substantial building area of 290 sqm*
* Over 240 sqm* of prime South Yarra 'Domain' land
* Estimated net income $153,000 p.a.** with 4% fixed annual increases
* Irreplaceable Domain Rd location in one Melbourne's most exclusive and highly sought after retail precincts
* Future redevelopment and/or subdivision potential (STCA)
* Outstanding northern outlook over the Royal Botanic Gardens to the CBD
* Servicing one of Melbourne's most affluent residential precincts

*approx
**rental previously $131,000 p.a. prior to determination

The property is being offered to the market via On-site Public Auction Thursday 10th October 2013 at 11.00am. To obtain further information, or to arrange an inspection, please contact the exclusive sales and marketing agents.

Property History for 175-177 Domain Rd, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$4,526,000
10 Oct 2013
  • 09 Nov 2020
    Listed for Sale SOLD - $4,526,000
  • 10 Oct 2013
    Sold for $4,526,000
  • 13 Sep 2013
    Listed for Sale Not Disclosed
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About South Yarra 3141

The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation.In 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.

South Yarra has 26,712 properties. Over the last 5 years, Houses in South Yarra have seen a -13.57% decrease in median value, while Units have seen a -5.36% decrease. As at 30 June 2026:

  • The median value for Houses in South Yarra is $1,939,055 while the median value for Units is $595,455.
  • Houses have a median rent of $925 while Units have a median rent of $625.
There are currently 55 properties listed for sale, and 71 properties listed for rent in South yarra on OnTheHouse. According to Cotality's data, 1211 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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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.