LEVEL 1/346-352 King StreetWest Melbourne VIC 3003
Property Details for Level 1/346-352 King St, West Melbourne
Last Listing description (August 2016)
Available for sale is this two level corner office of 960m2* located at 350 King Street, West Melbourne on the corner of Walsh Street. The building is positioned on a Mixed Use Zone (MUZ) allotment of 484m2* allowing for potential development including but not limited to office and residential (STPA).
This solid brick building comprises air conditioned offices, on site parking with roller door access, frontage to King Street of 21.44 metres* with side laneway access and frontage to Walsh Street of 22.61 metres*.
The first floor offices are currently leased to Accountant and Solicitors firms, whilst the whole ground floor tenancy is leased to a clothing store, providing a combined rental of $225,500 per annum plus GST and outgoings.
Enquire today!
*approx
Property History for Level 1/346-352 King St, West Melbourne, VIC 3003
- 24 Nov 2015Listed for Sale Not Disclosed
- 05 Mar 2011Listed for Rent $70,000 / year
- 27 Feb 2009Listed for Rent - Price not available
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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 8,464 properties. Over the last 5 years, Houses in West Melbourne have seen a -2.67% decrease in median value, while Units have seen a -2.66% decrease. As at 28 February 2026:
- The median value for Houses in West Melbourne is $1,329,375 while the median value for Units is $513,214.
- Houses have a median rent of $640 while Units have a median rent of $620.
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