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Commercial Property

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

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.

Sales history

EventDatePricePrice per m²
SoldMar 2014$1,250,000$5,458
SoldFeb 2010$880,000$3,842
SoldFeb 2006$600,000$2,620
SoldFeb 2000$350,000$1,528
SoldSep 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
Commonwealth electorate
Melbourne
Local government area
Stonnington
Ward
Como Ward
State lower house
Prahran
State upper house
Southern Metropolitan
Remoteness area
Metro
Property type
Commercial
Land size
229 m²
Internal area
-
Land Use Category
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.