GROUND FLOOR/52-58 Chetwynd Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

GROUND FLOOR/52-58 Chetwynd Street
West Melbourne VIC 3003

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1294m2
Land area: 506m2
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Property Details for Ground Floor/52-58 Chetwynd St, West Melbourne

Building Type
Commercial
Floor Size
1294m2
Land Size
506m2
Local Government
Melbourne
Lot/Plan
1/TP239987

Last Listing description (January 2023)

NSL Property Group is pleased to present 52-58 Chetwynd Street West Melbourne For Sale via Expressions of Interest campaign closing Thursday 21st October 2021 @ 3pm unless sold prior.

This three level office and showroom of 1,455 sqm* has terrific frontage and provides staff amenities and abundant natural light.

It is positioned in an established and exclusive commercial precinct only minutes from the CBD.

The property is surrounded by high profile occupants including Auction Rooms Roasting Warehouse, University of Melbourne, Eades Place Park and Simonds Catholic College.

In 2012 the Arden-Macaulay Structure Plan was released by City of Melbourne, identifying this area as one of the largest sustainable living and working environments projects over the next 30 years.

Key Features include:

- Total Building area: 1,455 sqm*

- Land Area: 999 sqm

- Includes three (3) level fully fitted office

- Permitted for 9B Education Premises

- Lift Access and disabled compliant

- Six (6) on site secure car parks

- Flexible Mixed Use zoning

- Future Development Potential (STCA) or repurposing

- Over 20 metre* frontage to Chetwynd Street

- Moments form the Melbourne University and Victoria Market and Arden Macaulay train station

- Occupy, invest, or develop (STCA)

- Available Now

For further information on this property or your West Melbourne commercial needs, contact NSL Property Group:

Guy Naselli 0413750744

Property Code: 44

Property History for Ground Floor/52-58 Chetwynd St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$10,450,000
05 Nov 2021
Listed for Rent
17 May 2014
  • 05 Nov 2021
    Sold for $10,450,000
  • 09 Sep 2021
    Listed for Sale Contact Agent
  • 20 Dec 2016
    Sold for $6,500,000
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About West Melbourne 3003

The size of West Melbourne is approximately 6.7 square kilometres. There are 14 parks, covering nearly 2.4% of the 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 8,460 properties. Over the last 5 years, Houses in West Melbourne have seen a -16.97% decrease in median value, while Units have seen a -5.77% decrease. As at 30 April 2026:

  • The median value for Houses in West Melbourne is $1,214,458 while the median value for Units is $519,281.
  • Houses have a median rent of $738 while Units have a median rent of $625.
There are currently 39 properties listed for sale, and 20 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 397 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.