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540-542 City Road,
South Melbourne, VIC 3205
Offices • Shops & Retail
Added today
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Vinci Carbone Property Pty Ltd - Melbourne
Level 10, 100 Collins StreetMELBOURNE, VIC 3000
04883005...
540-542 City Road
South Melbourne, VIC 3205
Map of 540-542 City Road
Train stations within 5 km of 540-542 City Road, South Melbourne, VIC 3205 Distance Southern Cross Station 1.5 km Anzac Station 1.9 km Flinders Street Railway Station 2.1 km Town Hall Station 2.3 km Flagstaff Station 2.4 km POWERED BY HERE ©Tram stops within 5 km of 540-542 City Road, South Melbourne, VIC 3205 Distance 127-South Melbourne Station/Light Rail (South Melbourne) 367 m 126-City Rd/Light Rail (South Melbourne) 557 m 27Park StMontague St South Melbourne 575 m 27-Montague St/Park St (South Melbourne) 582 m 125a-Southbank Tram Depot/Light Rail (South Melbourne) 649 m POWERED BY HERE ©Bus stops within 5 km of 540-542 City Road, South Melbourne, VIC 3205 Distance Montague StCity Rd 105 m Pickles StCrockford St Port Melbourne 164 m Boundary St/Crockford St (Port Melbourne) 231 m Ferrars St/City Rd (South Melbourne) 299 m Iffla StDorcas St South Melbourne 335 m POWERED BY HERE ©
POWERED BY HERE ©
PRIME CITY FRINGE INVESTMENT - LEASED TO GLOBAL BOXING BRAND
Vinci Carbone are pleased to offer this exceptional retail investment in a premium South Melbourne location.
An extremely desirable investment opportunity leased to Rumble Boxing, the world’s largest boxing franchise backed by New York Stock Exchange listed Xponential Fitness (NYSE: XPOF) that boasts a market capitalisation of approx. $408m USD.
Rarely does such an opportunity arise in such a tightly held location for astute investors wanting to acquire a prominent freestanding building being within walking distance to South Melbourne’s highly desired retail precinct.
Key Highlights:
+ Strong Tenant Profile: Current tenant has occupied the property since 2022 and has experienced YOY member growth. Rumble Boxing are the world's largest boxing brand with 103 global operational studios.
+ Long Lease: 10 Year Lease to Rumble Boxing to 2032 plus Options to 2042.
+ Income: Currently returning $158,445 per annum* plus Outgoings plus GST.
+ Reviews: Excellent potential rental upside with fixed compounding annual increases of 3% p.a. and open market reviews at option renewals.
+ Landholding: Significant Capital City 1 landholding of 329 sqm* with a street frontage of over 10m* to City Road.
+ Improvements: Impressive standalone freehold building of 285sqm* with rear access. Start of the art fit-out completed the tenant.
+ Prime Location: Outstanding location situated 400m* from the renowned South Melbourne Market and many more highly desirable amenities on Clarendon Street and Cecil Street.
+ Development Opportunity: Future development potential for a six-level mixed use building (STCA).
For Sale by Expressions of Interest closing Thursday 5 March 2026 at 4pm.
Zach Molinaro
0488 300 5...
Zach@vincicarbone.com.au
*approx.
An extremely desirable investment opportunity leased to Rumble Boxing, the world’s largest boxing franchise backed by New York Stock Exchange listed Xponential Fitness (NYSE: XPOF) that boasts a market capitalisation of approx. $408m USD.
Rarely does such an opportunity arise in such a tightly held location for astute investors wanting to acquire a prominent freestanding building being within walking distance to South Melbourne’s highly desired retail precinct.
Key Highlights:
+ Strong Tenant Profile: Current tenant has occupied the property since 2022 and has experienced YOY member growth. Rumble Boxing are the world's largest boxing brand with 103 global operational studios.
+ Long Lease: 10 Year Lease to Rumble Boxing to 2032 plus Options to 2042.
+ Income: Currently returning $158,445 per annum* plus Outgoings plus GST.
+ Reviews: Excellent potential rental upside with fixed compounding annual increases of 3% p.a. and open market reviews at option renewals.
+ Landholding: Significant Capital City 1 landholding of 329 sqm* with a street frontage of over 10m* to City Road.
+ Improvements: Impressive standalone freehold building of 285sqm* with rear access. Start of the art fit-out completed the tenant.
+ Prime Location: Outstanding location situated 400m* from the renowned South Melbourne Market and many more highly desirable amenities on Clarendon Street and Cecil Street.
+ Development Opportunity: Future development potential for a six-level mixed use building (STCA).
For Sale by Expressions of Interest closing Thursday 5 March 2026 at 4pm.
Zach Molinaro
0488 300 5...
Zach@vincicarbone.com.au
*approx.
South Melbourne, 3205 demographic data
The median household income for South Melbourne is $2,101, 11% higher than Greater Melbourne's household income of $1,901. South Melbourne has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 53% of property owners in South Melbourne have a mortgage.
11,548
Population
$2,101 per week
Median household income
39 years
Median age
Renters
Most residents
Families
Most households
Vinci Carbone Property Pty Ltd - MelbourneLevel 10, 100 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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