18 Mclennan Drive, Kensington VIC 3031, Australia
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sold | May 2007 | $710,000 | $1,482 |
Price per m² based on land size of 479 m².
The site comprises 479 m² of land. This area can accommodate a range of commercial floor‑plans depending on design and zoning allowances.
Kensington is located approximately 4 km north‑west of Melbourne’s CBD, offering a short commute for staff and clients while keeping overhead costs lower than a CBD location.
The property is close to several train stations: South Kensington (≈0.4 km), Kensington (≈0.7 km) and Macaulay (≈0.8 km). Tram route 57 runs along the northern edge of the suburb and bus routes 402 and 404 serve nearby Macaulay and Smithfield Roads, providing excellent connectivity.
Within a 1‑km radius you’ll find the Kensington Theatre (≈0.3 km) and a small cluster of shops and cafés that create a village ambience. Parks such as J J Holland Park (≈0.6 km) also add attractive open space for employee break areas or client meetings.
The suburb has a median weekly household income of $2,216, above the state average, and a workforce dominated by professionals, managers and administrative staff. This affluent and skilled population supports retail, professional services and hospitality ventures.
Smithfield Road, part of the Princes Highway, runs along the northern edge of Kensington, while Racecourse Road forms the suburb’s northern boundary. Epsom Road, Kensington Road and Macaulay Road also link the area directly to Melbourne’s central road network.
The South Dynon Locomotive Depot is located about 0.7 km from the site, and the western banks of Moonee Ponds Creek host industrial activity. These facilities provide logistical advantages for businesses needing freight or transport services.
