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Investment Highlights

  • Fully leased two-level office/showroom totaling approx. 230 m².
  • Excellent exposure with dual frontage and rear roller access.
  • Currently tenanted by Who Rae with an annual rent of $110,130.42 + GST.
  • Moments from Clarendon Street’s retail and hospitality precinct.

Executive Summary

Located in the heart of South Melbourne’s activity zone, this property sits near major retailers and public transport. The surrounding area attracts consistent foot traffic and strong consumer activity. Positioned for both convenience and accessibility, it remains a key commercial hub.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 185
  • 2,475 SF
  • Office
  • Upon Request
  • $108,237.01 CAD
Sale Type Investment
Description
The two-level configuration includes a ground-floor showroom and upper-level office suites. It features dual street frontage, modern finishes, and rear roller door access. Functional for multiple commercial uses, it supports tenant operations efficiently.
Sale Notes
This South Melbourne office and showroom offers a fully leased investment within a vibrant retail precinct. The property secures income through its tenancy to Who Rae with a versatile layout and excellent exposure. Positioned close to Clarendon Street, it provides long-term investment confidence with future potential.
Unit Unit Size Condo Use Price NOI
Unit 185 2,475 SF Office Upon Request $108,237.01 CAD

Unit 185

Unit Size
2,475 SF
Condo Use
Office
Price
Upon Request
NOI
$108,237.01 CAD

Unit 185

Unit Size 2,475 SF
Condo Use Office
Price Upon Request
NOI $108,237.01 CAD
Sale Type Investment
Description
The two-level configuration includes a ground-floor showroom and upper-level office suites. It features dual street frontage, modern finishes, and rear roller door access. Functional for multiple commercial uses, it supports tenant operations efficiently.</li></ul>
Sale Notes
This South Melbourne office and showroom offers a fully leased investment within a vibrant retail precinct. The property secures income through its tenancy to Who Rae with a versatile layout and excellent exposure. Positioned close to Clarendon Street, it provides long-term investment confidence with future potential.</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 4,951 SF
Property Type Office (Condo)
Building Class C
Floors 2
Typical Floor Size 2,476 SF
Lot Size 0.07 AC
  • Listing ID: 40564391

  • Date on Market: 2026-05-18

  • Last Updated:

  • Address: 183-185 Bank St, South Melbourne, VIC 3205

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