About this property
The site at 4/164 Albert Road in South Melbourne comprises a 174 m² land parcel and was sold for $401,000 on 4 Jun 2011
Also written as Unit 4, 164 Albert Road.
Apartment
4/164 Albert Road
South Melbourne VIC 3205, Australia
1
Bedrooms
1
Bathrooms
-
Parking
174 m²
Land size
-
Internal area
$401,000
Last sale (2011)
Key details
- Locality
- South Melbourne
- State
- VIC
- Coordinates
Latitude and longitude for the mapped property location.
- 37.8365945 / 144.96869829
- GNAF PID
A unique ID for this address in Australia's national address database.
- GAVIC412344158
- Legal parcel ID
The official land parcel identifier used on property titles and plans.
- 4\PS415543
- Remoteness area
- Metro
- Property type
- Commercial
- Unit land size
- 174 m²
- Unit internal area
- -
- Land Use Category
What the land is mainly used for, such as Residential, Commercial, Industrial or Other.
- Commercial
Market estimates
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
High confidence
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
Medium confidence
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
Low confidence
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.
Expected weekly rent
$550
Confidence
Medium
Based on the comparable property evidence currently available.
Sales history
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 4 Jun 2011 | $401,000 | — |
| Sale | 18 Apr 2007 | $305,000 | — |
| Sale | 2 Aug 2001 | $237,000 | — |
| Sale | 23 Jan 1999 | $220,000 | — |
Real Estate Agencies
Ordered by:
Popularity is a formula combining local activity, sales speed, and rental speed signals.
* Approximate straight-line distances
Nearby schools
Type:
Ordered by:
Melbourne Grammar School - Wadhurst Campus
0.6 km
Combined school | Independent
Seda College (Victoria) - Sailing - Albert Park
0.3 km
Secondary school | Independent
Hester Hornbrook Academy - South Melbourne
1.0 km
Special school | Independent
Melbourne Girls Grammar - Morris Hall Campus
1.5 km
Combined school | Independent
Seda College (Victoria) - Msac Function Room
0.9 km
Secondary school | Independent
Evoke Early Learning Albert Park
0.2 km
Guardian Childcare & Education South Melbourne
0.6 km
Nido Early School Melbourne Square
1.3 km
* Approximate straight-line distances
Frequently asked questions
What is the land size of the property at 4/164 Albert Road?
The parcel includes 174 m² of land. This provides a compact footprint suitable for a range of small‑to‑medium commercial uses
How well is the location served by public transport?
The site is within 0.4‑0.5 km of several tram stops, including Wells St/Park St and Moray St/Park St, which connect to tram routes 1, 12, 58 and 96. Anzac railway station is also nearby, offering easy access to the Melbourne CBD
What nearby amenities could support a retail or hospitality business?
The property is a short walk from the Clarendon Street commercial district and South Melbourne Market, both featuring a variety of retailers, cafés and eateries. This high‑foot‑traffic area can help attract customers to a new business
Are there any cultural or heritage sites close to the property that could enhance a business’s profile?
Within 0.5 km you’ll find the heritage‑listed See Yup Temple, the historic B.P. Theatrette, and the heritage‑listed MacRobertson Girls High School building. These landmarks draw visitors and can add cultural cachet for nearby enterprises
How close is the property to the Melbourne central business district?
South Melbourne lies approximately 3 km south of the Melbourne CBD, providing quick tram or train connections for both employees and customers while keeping operating costs lower than a CBD location
What nearby services could be useful for office or professional firms?
The area hosts several non‑profit and professional organisations, such as the Australian Council of Learned Academies, and is close to post office facilities at St Kilda Road. These services support everyday business operations
What is the surrounding business environment like for a new enterprise?
South Melbourne’s commercial hub around Clarendon Street, combined with the proximity to the South Melbourne Market and a mix of small laneways, creates a vibrant environment that supports retail, creative, and professional services
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