276-278 Rosslyn StreetWest Melbourne VIC 3003
Property Details for 276-278 Rosslyn St, West Melbourne
Last Listing description (May 2025)
Good sized single-storey warehouse with residential development potential (STCA) brilliantly located in Rosslyn Street on the cusp of the Melbourne CBD, close to Flagstaff Gardens, Docklands, Festival Hall and Southern Cross Station. The warehouse boasts a frontage of over 9 metres with front loading, small office and is clear span throughout. The total building area of 200 sqm (approx) and its Special Use Zoning provides for future residential or commercial development (STCA) taking advantage of the generous 4 level height limit. The property is being offered with the benefit of a short term tenancy and would suit investors seeking land banking opportunities, owner occupiers looking for a city fringe warehouse or developers wishing to long term add value. This is an opportunity that rarely presents itself and should not be missed. Inspect by Appointment Only.
Property History for 276-278 Rosslyn St, West Melbourne, VIC 3003
- 22 Aug 2023Sold for $1,480,000
- 17 Jul 2023Listed for Sale $1,500,000
- 12 Mar 2020Listed for Rent $28,000 / 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.
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