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Commercial Property

1/44 Caroline Street

44 Caroline Street, South Yarra VIC 3141, Australia

- Parking
229 m² Land size
- Internal area
$1,250,000 Last sale

Property Information

Business Name
Unknown (likely commercial business)

About this commercial property

1/44 Caroline Street in South Yarra occupies 229 m² of land and provides a versatile layout suitable for a range of commercial operations with easy access to surrounding thoroughfares. The premises include parking spaces (garage/driveway/carport) that can accommodate staff and client vehicles. The property was sold for $1,250,000 on 20 Mar 2014.

Alternate search: Unit 1, 44 Caroline Street.

Sales history

EventDatePricePrice per m²
Sold
Mar 2014
$1,250,000$5,458
Sold
Feb 2010
$880,000$3,842
Sold
Feb 2006
$600,000$2,620
Sold
Feb 2000
$350,000$1,528
Sold
Sep 1988
$2,930,000$12,794

Price per m² based on land size of 229 m².

Key details

Locality
South Yarra
State
VIC
GNAF PID
GAVIC425462701
Legal parcel ID
2\SP21179
Remoteness area
Metro
Property type
Commercial
Land size
229 m²
Internal area
-
Land Use Category
Commercial

Frequently asked questions

What is the size of the land parcel for 1/44 Caroline Street?

The property sits on a 229 m² land parcel. This provides a compact footprint suitable for boutique‑scale commercial uses.

How close is the location to Melbourne’s Central Business District?

South Yarra is an inner‑city suburb situated about 4 km south‑east of Melbourne’s CBD, offering businesses quick access to the city centre.

What public transport options are available nearby?

The site is within walking distance of South Yarra railway station (served by the Pakenham, Cranbourne, Frankston and Sandringham lines) and tram routes 58, 72 and 78. Major bus routes also run along Commercial Road and Punt Road.

Which nearby commercial precincts could support a retail or hospitality business at this address?

The property is adjacent to South Yarra’s main shopping strips on Chapel Street and Toorak Road, as well as nearby destinations such as The Jam Factory, Como Centre and the historic Prahran Market, all of which attract high foot traffic.

Is the area known for a particular type of commercial activity?

South Yarra’s commercial vibe centres on trendy, up‑market shopping, restaurants, nightclubs and cafe culture, making it well‑suited for boutique retail, lifestyle brands and hospitality concepts.

What local landmarks might provide visibility for a business located at 1/44 Caroline Street?

Key landmarks within a few hundred metres include the Jam Factory (an up‑market shopping and cinema complex) and the Como Centre, which houses offices and the headquarters of ATV‑10 and Global Television, offering potential for strong commercial exposure.