117 Ferrars Street, South Melbourne, VIC 3205

Offices | Industrial | Showrooms

Sold $1,000,000

  • Property ID: 429764
  • Floor Area: 255m²
  • Land Area: 1m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 14/08/2023 255m2 1m2 N/A
Turnkey New York Style Office in Booming South Melbourne

Stonebridge Property Group is pleased to present for sale 117 Ferrars Street, South Melbourne.

The property represents the ideal commercial office or New York style residence, boasting flexible open plan floor plate, natural light to all areas via floor to ceiling windows and skylights.

The space is turnkey ready for a business or for investors to take advantage of the leasing upside.

The key highlights of the opportunity include:

- Sprawling open plan areas ideal for commercial occupation with boardroom and meeting rooms with ample natural light

- Modern kitchen and bathrooms with high end appliances – no additional fitout required

- Office space ideal for the owner occupation of businesses including graphic designers, marketing agencies, architects, builders, developers, sound studio, family offices, engineers and more

- Highly functional internal building with no refurbishment needed, boasting high ceilings, natural light, employees kitchen and bathrooms

- Flexible campaign city zone permits for a range of uses including Accommodation, Education and Place of Assembly

- 4 car parks on-title, a rare commodity within this precinct of South Melbourne

- Surrounded by some of Melbourne’s best amenity DFO South Wharf (440 m*), Kirrip Park (opposite) Melbourne Exhibition Centre (130 m*), Montague Light Rail Station (250 m*), South Melbourne Market (500 m*), Golden Fleece Hotel (378 m*)

- Significant depreciation available from the extensive fitout

- Rare opportunity to secure a property in Melbourne's most in-demand city fringe suburb

*Approximately

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

Shawn Luo ??
0412 338 918

Property Code: 606

South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5722 $516 9.02%
Industrial $5392 $269 4.99%
Retail $10124 $269 2.65%
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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