South Melbourne VIC 3205, Australia
Also written as Unit 1B, 18 Albert Road.
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.
The property sits on 995 m² of land and provides two dedicated parking spaces for vehicles. This size offers flexibility for a variety of commercial layouts
The location is serviced by multiple tram stops within 0.1 km, including Park Street/St Kilda Rd, Anzac Station, and Wells St/Park St, with routes 1, 12, 58 and 96 operating nearby. Anzac railway station is also within walking distance, providing rail access to the Melbourne CBD
The property is close to South Melbourne’s main commercial district centered on Clarendon Street and the South Melbourne Market, which host a variety of retailers, cafés, eateries and galleries. Nearby hotels such as Seasons Botanic Gardens and Quest on Dorcas add further foot traffic and meeting facilities
Yes, the area features several heritage sites within a few hundred metres, including a heritage‑listed tram shelter, the South African Soldiers Memorial, and the Shrine of Remembrance. These landmarks attract both locals and tourists, enhancing potential customer flow
South Melbourne is located approximately 3 kilometres south of Melbourne’s CBD, placing the site within a short commute for city‑based clients and employees
Given the sizeable land parcel, central location, and strong transport links, the site is suitable for retail showrooms, office suites, or service‑oriented enterprises that value visibility and easy access. Proximity to the commercial hub and cultural attractions further supports customer‑facing operations
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