332 Kings Way, South Melbourne, VIC 3205

Offices | Medical | Other

Sold

  • Property ID: 435374
  • Floor Area: 330m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 18/08/2023 330m2 N/A Contact Agent
High Profile Office Building within South Melbourne’s Albert Park Precinct

Stonebridge Property Group is pleased to present for sale 332 Kings Way, South Melbourne.

The key highlights of the opportunity include:

- Prime city fringe office building that represents the ultimate opportunity for an owner occupier to own or an astute investor to add to their portfolio

- 3-level building with excellent office space in a flexible Commercial 1 Zone, providing scope for a variety of uses including office, medical, retail and hospitality

- 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

- Access to car parking for up to 6 cars, a rare commodity within this precinct of South Melbourne

- Surrounded by some of Melbourne’s best amenity Albert Park Lake (400 m*), Albert Park Golf Course (400 m*), Future Anzac Station (300 m*), Kettle Black Cafe (150 m*) and MSAC (1.1 km*), City Edge South Melbourne (next door), Albert Park Lake (400 m*), Albert Park Golf Course (400 m*), Future Anzac Station (300 m*), Kettle Black (150 m*) and MSAC (1.1 km*)

- Significant depreciation available from the extensive fitout

- Rare opportunity to secure an office building in Melbourne most in-demand city fringe suburb

-


332 Kings Way, South Melbourne is for sale via Public On-site Auction on Friday 31st March at 10:30am (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Shawn Luo ??
0412 338 918

*Approximate

Property Code: 600

South Melbourne Suburb Profile

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