North Melbourne VIC 3051, Australia
Also written as Unit 213, 29 Oconnell Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 26 Jan 1998 | $159,500 | — |
The property provides 811 m² of land, offering ample floor area for retail, office, showroom or light‑industrial uses. Its inner‑city location enhances visibility and accessibility for customers and staff
The site includes one dedicated parking space, which can be used for staff or client vehicles, complemented by nearby street parking options within the suburb
Several tram stops, including Victoria St/Peel St, Peel St/Victoria St and Queensberry St/Peel St, are each about 200 m away, and Flemington Bridge railway station is within North Melbourne on the Upfield line. Major roads such as Flemington Road and Victoria Street also provide easy vehicle access
North Melbourne is situated roughly 3 km (about 2 miles) north‑west of the Melbourne CBD, offering a short commute for city‑based clients, suppliers and employees
The location is adjacent to the bustling Queen Victoria Market, the Independent Order of Rechabites headquarters, and a range of cafés and services along Errol Street, providing strong foot traffic and complementary business opportunities
A new Arden railway station is planned within North Melbourne’s industrial area as part of the Melbourne Metro Rail Project, which will further enhance rail connectivity for the suburb
North Melbourne is noted for its blend of commercial and older industrial areas, Victorian architecture and a cosmopolitan demographic, making it well‑suited for a variety of business types seeking an inner‑city environment
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