About this property
Also written as Unit 3D, 18 Albert Road.
South Melbourne VIC 3205, Australia
Also written as Unit 3D, 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.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 15 Oct 2014 | $1,100,000 | — |
| Sale | 13 Jul 1999 | $395,000 | — |
| Sale | 1 May 1997 | $286,000 | — |
The property sits on a 995 m² land parcel, offering ample space for a range of commercial developments
The location is extremely well‑served, with several tram stops, including Park Street/St Kilda Rd, Anzac Station, and Wells St/Park St, within 0.1 km, and an Anzac railway station also nearby. Major tram routes 1, 12, 58 and 96 run through South Melbourne
South Melbourne lies about 3 km south of Melbourne’s CBD, providing quick access to the city centre while benefitting from a distinct inner‑suburban environment
The site is adjacent to South Melbourne’s main commercial strip on Clarendon Street, the South Melbourne Market, numerous retailers, cafés, eateries and art galleries, all within walking distance
South Melbourne hosts major television production studios such as the Seven Network and Global Television, making the suburb a recognised hub for media businesses
The suburb is known for its well‑preserved Victorian‑era streetscapes and several heritage‑listed elements, including a historic tram shelter, which may influence development approvals
Within a few hundred metres there are amenities such as the Seasons Botanic Gardens hotel, the Shrine of Remembrance, a police station, and a range of dining options, offering convenient services for employees and clients
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