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West Melbourne Median Price
House$1,376,000
Unit$619,100
The House price is 20% lower than last year.
Surrounding suburbs
Docklands$1,487,200
Footscray$956,600
Kensington$1,168,500
Melbourne$590,000
North Melbourne$1,326,300
Port Melbourne$1,603,000
Spotswood$1,197,700
Yarraville$1,175,700
West Melbourne 3003 Profile
West Melbourne rent price
A445 Spencer Street, West Melbourne
Sold $8,000,000 in Nov 2014 [Rectify]
Land:
Land size: 1,482 sqm [Measure]
Agent: WB Simpson & Son - North Melbourne
Distance: 1.3 km to CBD; 588 metres to Flagstaff Station [Transport]

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Floorplan | Map | Nearby prices
Property Description:
The backyard is south west facing. The slope of land is Gently Inclined. More about the land block...
 
Corner of Opportunity
Situated on the cusp of the Melbourne CBD is this large brick office/showroom of 1,381 sqm (approx) with lower level carpaking and workshop of 669 sqm (approx) with brilliant residential development potential. The property boasts a frontage to Spencer Street of over 37 metres and features:
* Site Area of 1,381 sqm (approx)
* 3 Street Frontages
* Flexible Mixed Use Zoning
* 4 Story Height Limit with potential for further levels (STCA)
* Current rental income of $193,079 per annum plus GST with the current lease expiring on 31 March 2016
* Opportunity to invest, undertake a residential development or occupy at the end of the lease
* Superb fast growing city fringe location close to Docklands, Etihad Stadium, Public Transport, CBD, Errol Street and Flagstaff Gardens.
Please contact the exclusive selling agents for further information and to arrange an inspection.
www.445spencerstreetwestmelbourne.com
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 20 NOVEMBER 2014 AT 4.00 PM
Lot/Plan No: 2/TP605902
Planning History:
[15 Oct 2015] Change of use to Motorcycle Warehouse; Installation of Internally Illuminated Business Identification Signage; Reduction in Car Parking and Loading Requirements and an Alteration of Access to a RDZ1
Search neighbour's planning permit
Property report from Government
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The property data is from the auction results and realestate websites.

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