172 Stanley St, West Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2002.
For Sale by Expressions of Interest - Closing Thursday, 14 May at 5pm (unless sold prior)A first-class office, creative space, or potential residence, this fully fitted former warehouse represents one of the most exciting design opportunities West Melbourne has seen for some time.Operating as a long-time base for a flourishing business, the storied premises retain exposed trusses, soaring ceilings, and a faade aligning with the area's industrial heritage, all while fully modernised to capably serve any vision. Spanning two levels and equipped with various comforts in heating and cooling, meeting and office areas, kitchen/meals, and restroom facilities, any number of small-business pursuits are well-catered for, enabling lucrative yields in a competitive city-fringe rental market.With extensive local precedent, stirring scope exists to completely reimagine, craft a luxury residence with a garage and roof deck, and enjoy everything that sees the local lifestyle so adored. Existing plans detail one of countless options a redesign could yield, while from both a residential and commercial perspective, position is simply second to none.Although moments from every city allure, West Melbourne weaves calm into the bustle, footsteps to Flagstaff Gardens, trains and trams, Queen Victoria Market, iconic Errol Street, and picturesque Docklands while close to CityLink for streamlined commuting.* All potential uses of the land and/or property is subject to Council approval.
The size of West Melbourne is approximately 6.7 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of West Melbourne in 2016 was 5515 people. By 2021 the population was 8025 showing a population growth of 45.5% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation.In 2021, 32.40% of the homes in West Melbourne were owner-occupied compared with 34.50% in 2016.
West Melbourne has 8,466 properties.
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