264-266 Rosslyn Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

264-266 Rosslyn Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: -
Car spaces: -
Floor area: 370m2
Land area: 239m2
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Property Details for 264-266 Rosslyn St, West Melbourne

Building Type
Commercial
Year Built
1960
Floor Size
370m2
Land Size
239m2
Local Government
Melbourne
Lot/Plan
1/TP602966

Last Listing description (October 2023)

POINT OF INTEREST:
Sandwiched between the Melbourne CBD and the upcoming Arden urban renewal precinct, this impressive double-storey freehold offers owner-occupiers and investors an opportunity to secure their spot for now and the future. Comprising 388sqm of total building area across the two levels, an adaptable internal fit-out means you can walk in and operate immediately, or reconfigure to suit your needs. Sitting on 242sqm* of Special Use Zone land, the building offers a ground floor suitable for garage/warehouse use, complemented by partitioned office and storages space, kitchen, and bathroom including a shower. The high-clearance sawtooth roof on Level 1 provides ample natural light to the main office area, which includes individual office spaces, boardroom, open plan work space, and staff amenities.

Property features:
- 388sqm* total building area
- 242sqm* land parcel
- For sale with Vacant Possession
- Versatile fit-out across two levels
- 500m* to North Melbourne train station & Flagstaff Gardens
- 500m* from Melbourne CBD and Spencer Street & La Trobe Street trams

Further information on the Arden urban renewal precinct can be found here:Arden Urban Renewal Precinct

POINT OF VIEW:
The Arden urban renewal precinct aspires to accommodate 34,000 new jobs and 15,000 new residents - here's your chance to get ahead of the game!

*Approx.
Pricing excludes GST

Property History for 264-266 Rosslyn St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,750,000
09 Oct 2023
Listed for Rent
$35k/w
16 Feb 2022
  • 09 Oct 2023
    Sold for $1,750,000
  • 07 Feb 2023
    Listed for Sale Contact Agent
  • 19 Jan 2022
    Listed for Rent $35,000 / year
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About West Melbourne 3003

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. Over the last 5 years, Houses in West Melbourne have seen a -12.75% decrease in median value, while Units have seen a -3.57% decrease. As at 31 March 2026:

  • The median value for Houses in West Melbourne is $1,253,332 while the median value for Units is $518,305.
  • Houses have a median rent of $755 while Units have a median rent of $620.
There are currently 38 properties listed for sale, and 12 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 400 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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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.