29 La Trobe Street, Melbourne, VIC 3000

Retail

Sold

  • Property ID: 437175
  • Floor Area: 124m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 26/02/2024 124m2 N/A Contact Agent
PREMIUM CBD ASSET WITH UNBEATABLE EXPOSURE

POINT OF INTEREST:
An exclusive opportunity awaits at the gateway to Melbourne CBD, overlooking the iconic Carlton Gardens.

Positioned in the prestigious Paris-end, this locale offers sweeping views of the lush Carlton Gardens and boasts easy access to premium transport options. The future shines even brighter with the presence of 'Sapphire by the Gardens,' a pinnacle of sophistication and luxury, acknowledged for its quality construction by Multiplex—a 62-level 5-star Shangri-La Hotel, and the adjoining 60-level, 325-apartment tower occupied by affluent international residents.
Looking forward to 2028, the area anticipates a surge in residential density, backed by ongoing constructions nearby. With four burgeoning buildings and three permit applications in process, along with three approved development plans, this area foresees an unprecedented transformation, promising increased demand and foot traffic in this dynamic distric

- Quote range $800,000 - $880,000. (Excluding GST)
- 13-meter corner frontage, capturing attention from 32,000* passing cars daily.
- Four sky-high windows, a private setback entrance, and full stone façade on the connection centre-point of Victoria Parade, Spring Street and La Trobe Street.
- 124 sqm* of sungazing retail.
- CCZ1 Zoning
- Versatile multi-use provisions cater to Retail, Office, or Medical occupiers, meticulously planned with comprehensive amenities and service points.
- Private secured parking with an allocated bay on title, accessible via Little Lonsdale Street.

POINT OF VIEW:
City Throne, Unrivaled Exposure, Unbeatable Convenience, and Long-Term Upside - A Breath of Wisdom Hints 29 La 'Trobe Street!

*Approx.
Pricing excludes GST

Additional Information
Features
  • Car Spaces: 1
Outgoings
  • Water Rates: $1,049
  • Council Rates: $3,769
  • Owners Corp. / Insurance: $7,147
Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $769 ---
Offices $5998 $793 13.22%
Industrial --- $305 ---
This is the average advertised price, rent and yield for Melbourne, VIC 3000*

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

Days on Market data for Retail 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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