250 Coventry Street, South Melbourne, VIC 3205

Offices | Retail | Development/Land

For Sale Contact the Stonebridge Team

Auction: Thursday, Jun 6, 10:30 AM

  • Property ID: 444147
  • Floor Area: 121m²
  • Land Area: 121m²
  • Occupancy: Vacant
South Melbourne's Best Corner – Opposite Coles, Vintage Cellers and ST.ALi

Stonebridge Property Group is pleased to present for sale 250 Coventry Street, South Melbourne – a South Melbourne corner surrounded by local and national juggernauts – Coles, ST. ALi and Vintage Cellars.

The key highlights of the opportunity include:

- Triple street fronted retail building on one of South Melbourne’s best corners

- Located directly opposite Coles, Vintage Cellars, hospitality institution ST. ALi, and the globally recognised Clarendon Street retail village

- Favourable zoning, and multiple street frontages provides scope for a future iconic development (4-levels)**

- Highly versatile building with Coventry Street fronting retail space and two high clearance roller doors for side/rear loading

- Positioned in the epicentre of a globally recognised suburb with unrivalled connectivity to the CBD (900 m*) and only 500 m* from the iconic South Melbourne Market

- A rare opportunity to secure a freehold corner with income and untapped future potential

- Providing holding income of $75,261* per annum

250 Coventry Street, South Melbourne is for sale via Public On-site Auction Thursday 6th June 2024 at 10:30am (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Nic Hage
0448 782 594

Chao Zhang ??
0411 625 068

* Approximately
** (STCA)

Property Code: 942

South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5413 $252 4.66%
Offices $6034 $500 8.28%
Retail $8394 $293 3.49%
This is the average advertised price, rent and yield for South Melbourne, VIC 3205*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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