284-286 Sturt Street, South Melbourne, VIC 3205

Retail | Showrooms | Industrial

Leased

  • Property ID: 422912
  • Floor Area: 308m²
  • Land Area: 326m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 31/07/2023 308m2 326m2 N/A
CITY FRINGE, BUT CENTRE OF THE ACTION.

POINT OF INTEREST:
This is a building where you are truly spoiled for space, and directly on show with consistent street exposure to Sturt Street and Eastern Road. We’d recommend updating your signage as the high volume of traffic will naturally be curious, while inside the building the warehouse/showroom space clocks in at 194 sqm*, plus 114 sqm* for versatile offices or additional storage. History has proven that almost any industry can occupy these walls and thrive off the corner position and vast exposure to Sturt Street, but if you asked us, we could see this suiting trades or mechanics, or even retail and showroom use. Plenty of natural light floods in, the ceilings have a high clearance, the three-phase power keeps everything running smoothly, while you’ll also have two onsite car spaces — a rare commodity in South Melbourne.

- 308 sqm* total building area.
- 326 sqm* land area.
- Commercial 2 zoning.
- 2 onsite car spaces.
- 160 m* from the 58 tram.
- 470 m* from West Gate Freeway.
- 2.4 km* from Melbourne CBD.

POINT OF VIEW:
Open space and South Melbourne are usually mutually exclusive, but this building has been designed in a completely flexible, versatile, and customisable fashion that will allow your business to grow with it. We’ll see you for lunch at the market.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: Two On SIte
  • Condition: Good
  • Air Conditioning: Yes
  • Floors: Concrete / Carpet
  • Age: 80 Years
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $1,200pa*
  • Land Tax: $15,700pa* (retail lease act exempt)
  • Council Rates: $5,800pa*
  • Owners Corp. / Insurance: Insurance - $2,400pa*
South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6076 $526 8.66%
Retail $10124 $255 2.52%
Industrial $6988 $269 3.85%
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 Retail in VIC for Lease

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:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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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