About this commercial property
44 Caroline Street, South Yarra, occupies a 229 m² land parcel, providing flexibility for a range of commercial uses. The property was sold for $1,250,000 on 20 Mar 2014.
Alternate search: Unit 1, 44 Caroline Street.
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
Sales history
| Event | Date | Price | Price 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
A unique ID for this address in Australia's national address database.
- GAVIC425462701
- Legal parcel ID
The official land parcel identifier used on property titles and plans.
- 2\SP21179
- Remoteness area
- Metro
- Property type
- Commercial
- Land size
- 229 m²
- Internal area
- -
- Land Use Category
What the land is mainly used for, such as Residential, Commercial, Industrial or Other.
- Commercial
Frequently asked questions
What is the land size of the commercial property at 44 Caroline Street?
The site comprises 229 m² of land, providing a modest footprint suitable for boutique retail, professional offices, or a small service‑based business.
How well is the property connected to public transport?
South Yarra is served by two railway stations – South Yarra and Hawksburn – and tram routes 58, 72 and 78 run through the suburb. Major bus routes also operate along Commercial Road and Punt Road, giving easy access for staff and customers.
What nearby commercial hubs could benefit a business at this location?
The property is within walking distance of South Yarra’s main shopping arteries, including Chapel Street and Toorak Road, as well as the upmarket Jam Factory and Como Centre retail complexes, offering high visibility and foot traffic.
Are there any nearby amenities that support a retail or hospitality business?
Yes – the area hosts a variety of cafés, restaurants, and the Prahran Market, plus the Longford Cinema right on the site, providing complementary amenities that can attract complementary clientele.
What is the proximity of the property to nearby tram stops?
The nearest tram stops are Punt Rd/Toorak Rd (approximately 0.2 km away) and Walsh St/Toorak Rd (about 0.4 km), making tram access convenient for both employees and patrons.
How might the suburb’s demographic and lifestyle profile suit certain types of businesses?
South Yarra is known for its trendy, upmarket shopping and café culture, attracting a affluent and diverse customer base, which is ideal for boutique retailers, specialty food outlets, or creative studios.