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150 Wellington Pde 968 SF Retail Condo Unit in East Melbourne, VIC 3002
Investment Highlights
- Surrounded by premium residential developments, green spaces, and established commercial facilities.
- Located along Wellington Parade near major Melbourne landmarks including Fitzroy Gardens and the MCG.
- Excellent public transport connectivity with Jolimont Station and tram stops within steps of the property.
Executive Summary
The site offers direct access to public transit with Jolimont Station and multiple tram lines nearby. Surrounding context includes green spaces such as Fitzroy Gardens and proximity to Yarra Park, the Melbourne Cricket Ground, and established urban amenities. The property includes onsite parking and fronts Wellington Parade, a high-traffic thoroughfare linking to the Melbourne CBD.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 1 |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
Description
150 Wellington Parade is a ground level retail property comprising approximately 90 m², located along a major east-west corridor in East Melbourne. T
Sale Notes
This offering presents a rare investment opportunity in East Melbourne’s tightly held Wellington Parade precinct. Positioned on the prestigious boulevard that links the city to key sporting and entertainment venues, the property benefits from strong visibility and consistent pedestrian activity. The ground floor retail shop spans approximately 90 square meters and is secured with a three-year lease to a tenant, providing immediate rental income alongside future rental uplift scheduled for February 2026.
The location offers unrivaled connectivity. Jolimont Station and multiple tram and bus routes are within walking distance, while the bustling Melbourne CBD is just moments away. Anchored between Fitzroy Gardens, Yarra Park, and the iconic MCG, this corridor attracts a vibrant mix of professionals, residents, and event-goers, ensuring sustained patronage for occupants. With an established income stream, optional five-year renewal period, and onsite parking, this property suits investors seeking long-term stability and exposure within an established growth corridor.
The location offers unrivaled connectivity. Jolimont Station and multiple tram and bus routes are within walking distance, while the bustling Melbourne CBD is just moments away. Anchored between Fitzroy Gardens, Yarra Park, and the iconic MCG, this corridor attracts a vibrant mix of professionals, residents, and event-goers, ensuring sustained patronage for occupants. With an established income stream, optional five-year renewal period, and onsite parking, this property suits investors seeking long-term stability and exposure within an established growth corridor.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 968 SF | Retail | Upon Request | - |
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| Unit Size |
| 968 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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-
| Unit Size | 968 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
| Description | |
| 150 Wellington Parade is a ground level retail property comprising approximately 90 m², located along a major east-west corridor in East Melbourne. T</li></ul> | |
| Sale Notes | |
| This offering presents a rare investment opportunity in East Melbourne’s tightly held Wellington Parade precinct. Positioned on the prestigious boulevard that links the city to key sporting and entertainment venues, the property benefits from strong visibility and consistent pedestrian activity. The ground floor retail shop spans approximately 90 square meters and is secured with a three-year lease to a tenant, providing immediate rental income alongside future rental uplift scheduled for February 2026.<br> <br> The location offers unrivaled connectivity. Jolimont Station and multiple tram and bus routes are within walking distance, while the bustling Melbourne CBD is just moments away. Anchored between Fitzroy Gardens, Yarra Park, and the iconic MCG, this corridor attracts a vibrant mix of professionals, residents, and event-goers, ensuring sustained patronage for occupants. With an established income stream, optional five-year renewal period, and onsite parking, this property suits investors seeking long-term stability and exposure within an established growth corridor.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 152,761 SF | Typical Floor Size | 10,904 SF |
| Property Type | Multifamily (Condo) | Year Built | 1993 |
| Property Subtype | Apartment | Lot Size | 0.20 AC |
| Building Class | C | Parking Ratio | 0.7/1,000 SF |
| Floors | 14 |
| Total Building Size | 152,761 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 14 |
| Typical Floor Size | 10,904 SF |
| Year Built | 1993 |
| Lot Size | 0.20 AC |
| Parking Ratio | 0.7/1,000 SF |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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150 Wellington Pde
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