POLISHED AND HIGHLY IMPRESSIVE ON SPENCER.

For Sale – Vacant Possession - 527-531 Spencer Street, West Melbourne

Development/Land (Offices, Retail, Showroom, Residential, Hotel/Leisure, Medical), Offices, Retail,

Overview
Property ID: 20513
Price: Contact Agent
Building: 586m²
Land: 569m²
Zoning: Special Use Zoning (SUZ)
Attachments
Description

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

Additional Info
Features
AgeRecently refurbished
Air ConditionerYes
Availability90/120 days
Car SpacesInternal and on street
ConditionExcellent
FloorsConcrete / Timber
HeightVarious
LiftsN/A
Permits IssuedNA
Roller DoorsYes via lane access to Stanley Street
SprinklersNA
Suitable DevelopmentMulti-level mixed use
Wheel Chair AccessYes
ZoningSpecial Use Zoning (SUZ)
Outgoings
Owners’ CorporationNA
Council Rates$9,107.31
Water Rates$777.95
Land Tax$30,330 (single holding)
Agent Details
CVA Property Consultants - Luca Angelico

Luca Angelico

M | 0447 772 782
T | (03) 9623 2585
E | [email protected]

CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]

Ask About The Property
Send