Watch Watch
Your home of Development Ready videos
Watch Watch
All Videos
Back
Back to results
Properties / Buy / Victoria / Carlton
Save
Share
Added Today

550 Swanston Street, Carlton VIC 3053

Enquire
+41 Photos
/
Images
Close

550 Swanston Street, Carlton VIC 3053

Carlton

Enquire now
550 Swanston Street, Carlton VIC 3053
×
+43 Photos
550 Swanston Street, Carlton VIC 3053

550 Swanston Street, Carlton VIC 3053

Properties / Buy / Victoria / Carlton
Development Potential
Property Type
Commercial, Health/Medical
Sub Type
Office, Health Care
Land Area
1,315 m² (*approx)
Zoning
Mixed-Use
Selling Method
EOI: Contact Agents
EOI Closing Date
30 Apr 2026 04:00PM
Add to calendar
Show All
Holding Income with Significant Development Potential (STCA)
  • Develop up to 13 storeys (STCA)
  • Strong Holding Income
  • Flexible Mixed Use Zoning

Savills is delighted to offer 550 Swanston Street, Carlton for sale via expression of interest closing Thursday 30th April at 4pm.

550 Swanston Street is ideally positioned in the heart of Melbourne’s key education, accommodation, and medical precincts. The property benefits from a flexible zoning, while neighbouring developments indicate strong potential for future projects of up to 13 storeys (STCA). The benefit of holding income, make it Carlton’s most attractive development opportunity.

Key attributes of the properties include:

  • 1,840sqm* three level freehold commercial building with 30 car parking spaces with congestion levy exemption
  • Leased to The University of Melbourne returning $913,966 per annum gross plus GST
  • Large scale land holding of 1,315sqm* with 20.51m* of high-profile frontage to Swanston Street and rear lane access to Cardigan Street
  • Outstanding development potential for a large-scale building up to 13 storeys (STCA)
  • Flexible Mixed-Use-Zoning (MUZ) allowing for a range of development outcomes including Student Accommodation, Residential, Build-To-Rent, Hotel and Office (STCA)
  • Excellent connectivity with Melbourne Central Train Station only 750m* away, plus convenient access to the new Metro tunnel via the Parkville and State Library Train Stations, plus multiple trams along Swanston Street

For Sale by Expression of Interest closing Thursday 30 April at 4pm.

*Approximate.

Tim Grant - 0478 666 275
Linc Reynolds - 0457 930 093
Tom O'Halloran - 0438 078 138
Benson Zhou - 0458 488 888

Read More
Development Potential

550 Swanston Street Development Site Summary

Property Type
Commercial, Health/Medical
Sub-type
Office, Health Care
Land Area
1,315 m² (*approx)
Zoning
Mixed-Use
Selling method
EOI: Contact Agents
EOI Closing Date
30 Apr 2026 04:00PM
Add to calendar

Development Site Highlights

Holding Income with Significant Development Potential (STCA)
  • Develop up to 13 storeys (STCA)
  • Strong Holding Income
  • Flexible Mixed Use Zoning

Savills is delighted to offer 550 Swanston Street, Carlton for sale via expression of interest closing Thursday 30th April at 4pm.

550 Swanston Street is ideally positioned in the heart of Melbourne’s key education, accommodation, and medical precincts. The property benefits from a flexible zoning, while neighbouring developments indicate strong potential for future projects of up to 13 storeys (STCA). The benefit of holding income, make it Carlton’s most attractive development opportunity.

Key attributes of the properties include:

  • 1,840sqm* three level freehold commercial building with 30 car parking spaces with congestion levy exemption
  • Leased to The University of Melbourne returning $913,966 per annum gross plus GST
  • Large scale land holding of 1,315sqm* with 20.51m* of high-profile frontage to Swanston Street and rear lane access to Cardigan Street
  • Outstanding development potential for a large-scale building up to 13 storeys (STCA)
  • Flexible Mixed-Use-Zoning (MUZ) allowing for a range of development outcomes including Student Accommodation, Residential, Build-To-Rent, Hotel and Office (STCA)
  • Excellent connectivity with Melbourne Central Train Station only 750m* away, plus convenient access to the new Metro tunnel via the Parkville and State Library Train Stations, plus multiple trams along Swanston Street

For Sale by Expression of Interest closing Thursday 30 April at 4pm.

*Approximate.

Tim Grant - 0478 666 275
Linc Reynolds - 0457 930 093
Tom O'Halloran - 0438 078 138
Benson Zhou - 0458 488 888

Read More
Development Potential

Finance Calculator

550 Swanston Street, Carlton VIC 3053

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 550 Swanston Street, Carlton VIC 3053

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
550 Swanston Street, Carlton VIC 3053 Carlton
Enquire
Savills - VIC
Savills - VIC
Level 29, South Tower, 80 Collins Street, Melbourne, VIC, 3000
View Agency Profile
Tom O’Halloran
Tom O’Halloran
+61 *** *** *** show +61 438 078 138
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
Tim Grant
Tim Grant
+61 *** *** *** show +61 478 666 275
Linc Reynolds
Linc Reynolds
+61 *** *** *** show +61 457 930 093
Enquire