About this property
Also written as Unit 23, 1 Sandilands Street.
South Melbourne VIC 3205, Australia
Also written as Unit 23, 1 Sandilands 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 | 17 Apr 2009 | $318,008 | — |
| Sale | 6 Nov 1999 | $205,000 | — |
The property sits on a 1,346 m² land parcel and includes one allocated parking space. This provides limited onsite vehicle accommodation suitable for modest staff or client parking needs
South Melbourne is well‑served by tram routes 1, 12, 58 and 96, with the nearest stops – Wells St/Park St (≈0.4 km) and Moray St/Park St (≈0.5 km) – just a short walk away. The site is also about 3 km from Melbourne’s CBD, making it easily reachable by train or bus
The suburb’s primary commercial district around Clarendon Street and the South Melbourne Market hosts retailers, cafés, eateries and art galleries, making the area ideal for retail, hospitality or professional services. Proximity to media studios and cultural venues also supports creative and production businesses
Within a 0.5 km radius you’ll find a post office, police station, hotel (Coppersmith Hotel), radio station (3CW), and the heritage‑listed See Yup temple, providing a range of services and community foot traffic for employees and customers
Lake Oval and Lakeside Stadium, both popular sports and event venues, are located approximately 0.5 km from the site, offering potential for increased patronage during events and easy access for staff attending meetings or functions
South Melbourne features extensive Victorian‑era streetscapes and heritage sites such as Park House and the See Yup temple, which can enhance a business’s brand image and appeal to tourists seeking a historic precinct
The suburb lies roughly 3 km south of Melbourne’s CBD, providing quick access to the city’s business hub while benefiting from lower operating costs typical of inner‑suburban locations
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