117-119 Thistlethwaite Street, South Melbourne, VIC 3205

Industrial

Leased

  • Property ID: 438405
  • Floor Area: 575m²
  • Land Area: 478m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 19/08/2024 575m2 478m2 Contact Agent
STRATEGICALLY POSITIONED SOUTH MELBOURNE STANDOUT.

POINT OF INTEREST:
Establishing your business within South Melbourne’s commercial nucleus is almost as impossible as snagging a park on market day. Location aside, the building itself is in a league of its own — a freestanding, two-level warehouse and office hybrid with rear laneway access. The front and rear roller doors draw in a showroom or traditional industrial user, but the recently updated interior appeals to any creative or digital agencies looking to join the block party. The first-floor office features floor-to-ceiling windows for ample natural light, which is the only inflexible feature of the floor plan. Back to the location, this package is moments from the West Gate Freeway, just off City Road, and a mere 900 m* walk to Clarendon Street’s premier retail and services street. Your immediate neighbours are a melting pot of auto repairs, photography studios, and audio suppliers, but walk a little further east and you’ll have the best of South Melbourne’s food, shopping, and amenities at your fingertips.

- 575 sqm* total building area.
- 479 sqm* total land area.
- Capital city zoning — schedule 1.
- Recently upgraded dual-level office and warehouse.
- 8-9 allocated car spaces on-site.
- Front and rear roller door access.
- 650 m* from the West Gate Freeway.
- 900 m* to Clarendon Street retail strip.

POINT OF VIEW:
It’s one thing to be positioned amongst Melbourne’s biggest arterials, it’s another to offer 9 on-site car parks at the end of the journey — a hotter commodity in South Melbourne than the dim sims on a Friday.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: 6-8 on site
  • Condition: Very Good
  • Air Conditioning: Yes
  • Floors: Concrete
  • Lifts: NA
  • Height: Various
  • Age: Refurbished
Outgoings
  • Water Rates: $1,500.00 (estimate)
  • Land Tax: TBA
  • Council Rates: $10,423.20
  • Owners Corp. / Insurance: NA
  • Other Charges: Congestion Levy $3,390.00
South Melbourne Suburb Profile

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

  • 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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