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527-531 Spencer Street, West Melbourne, VIC 3003

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527-531 Spencer Street, West Melbourne, VIC 3003

527-531 Spencer Street, West Melbourne, VIC 3003

Properties / Buy / Victoria / West Melbourne
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Office, Retail/Shopping Centre
Land Area
569 m² (*approx)
Zoning
Special Use Zoning (SUZ)
Selling Method
Private Sale: Contact Agent
Show All

2. Property Highlights

POLISHED AND HIGHLY IMPRESSIVE ON SPENCER.

Exposed original  brickwork, polished concrete floors, and blankets of natural light — this West Melbourne workplace sits in an (asset) class of its own. The floor plan is extensive and designed to nail first impressions, much like the 14 m* of frontage to Spencer Street. 569 sqm* of land area, 586 sqm* of building area, and one highly specified renovation have led to the potential here for dual occupancy or one ambitious business. There’s a modern kitchen, male and female bathrooms, heating and cooling throughout, high grade security, automated Velux skylights with natural air ventilation, plenty of on-street parking, and roller door access from the laneway off Stanley Street. ALDI sits directly opposite this property, catering to the growing residential crowd. There’s also Arko Furniture, Harley-Heaven, Fort Knox Self Storage, and Coles. Walk 450 m* and you’ll get to the 57 tram stop, taking you into the CBD in 10 minutes. For a shorter walk, the 216 bus stops right outside your door, or to catch a menu of train lines, the 650 m* walk from North Melbourne railway station is about as convenient as it gets. As for commuting on four wheels, you’re 1.3 km* from the Citylink, 2 km* from the West Gate Freeway, and 400 m* from Victoria Parade.

-  Opportunity to occupy, invest or consider your current or future development options.

-  Total building area of 586 sqm* with high specification renovation.

-  Total land area of 569 sqm*

-  Special Use Zone (SUZ6).

-  Frontage of 14 metres* to Spencer Street.

-  Side roller door access from Stanley Street.

-  Lane access along the northern boundary.

-  Off-street vehicle parking.

-  Just 1km* to CBD.

-  A short walk of 650 m* to North Melbourne railway station.

-  Close proximity to Arden Precinct, a 44 hectare urban renewal area.

POINT OF VIEW:

With extremely limited stock, and next to no competitors on the market, there’s no substitute for a beautifully (ad)dressed building.

*Approx.

Pricing excludes GST

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial
Sub-type
Office, Retail/Shopping Centre
Land Area
569 m² (*approx)
Special Use Zoning (SUZ)
Selling method
Private Sale: Contact Agent

2. Property Highlights

POLISHED AND HIGHLY IMPRESSIVE ON SPENCER.

Exposed original  brickwork, polished concrete floors, and blankets of natural light — this West Melbourne workplace sits in an (asset) class of its own. The floor plan is extensive and designed to nail first impressions, much like the 14 m* of frontage to Spencer Street. 569 sqm* of land area, 586 sqm* of building area, and one highly specified renovation have led to the potential here for dual occupancy or one ambitious business. There’s a modern kitchen, male and female bathrooms, heating and cooling throughout, high grade security, automated Velux skylights with natural air ventilation, plenty of on-street parking, and roller door access from the laneway off Stanley Street. ALDI sits directly opposite this property, catering to the growing residential crowd. There’s also Arko Furniture, Harley-Heaven, Fort Knox Self Storage, and Coles. Walk 450 m* and you’ll get to the 57 tram stop, taking you into the CBD in 10 minutes. For a shorter walk, the 216 bus stops right outside your door, or to catch a menu of train lines, the 650 m* walk from North Melbourne railway station is about as convenient as it gets. As for commuting on four wheels, you’re 1.3 km* from the Citylink, 2 km* from the West Gate Freeway, and 400 m* from Victoria Parade.

-  Opportunity to occupy, invest or consider your current or future development options.

-  Total building area of 586 sqm* with high specification renovation.

-  Total land area of 569 sqm*

-  Special Use Zone (SUZ6).

-  Frontage of 14 metres* to Spencer Street.

-  Side roller door access from Stanley Street.

-  Lane access along the northern boundary.

-  Off-street vehicle parking.

-  Just 1km* to CBD.

-  A short walk of 650 m* to North Melbourne railway station.

-  Close proximity to Arden Precinct, a 44 hectare urban renewal area.

POINT OF VIEW:

With extremely limited stock, and next to no competitors on the market, there’s no substitute for a beautifully (ad)dressed building.

*Approx.

Pricing excludes GST

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

527-531 Spencer Street, West Melbourne, VIC 3003

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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527-531 Spencer Street, West Melbourne, VIC 3003 West Melbourne
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