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Highlights

  • Boutique apartment development comprising 32 residences over multiple levels.
  • Situated within an established inner-city location, close to Albert Park Lake, South Melbourne Market, local schools, and retail amenities.
  • Architectural design by KUD, with an emphasis on craftsmanship and contemporary detailing.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground
  • 1,076 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Shell Space
  • Now

The final ground-floor commercial space within the 161 Eastern development is now available for sale or lease. Spanning approximately 100 m², this tenancy is delivered in a warm shell condition, providing a ready-to-customize canvas suitable for a variety of occupier needs. Its configuration accommodates retail, office, or studio use and benefits from excellent street visibility within a recently completed architecturally designed mixed-use building. Positioned in a prominent South Melbourne location, the property enjoys proximity to Clarendon Street retail, South Melbourne Market, Albert Park Lake, and frequent tram services offering direct access to Melbourne’s CBD. Designed by award-winning architecture firm KUD in partnership with FORTENUM, the building reflects refined design principles while delivering versatile, future-ready commercial spaces. This final available ground-floor opportunity offers outstanding potential for owner-occupiers and investors seeking exposure and functionality in one of Melbourne’s most connected fringe precincts.

  • Located in-line with other retail
  • Delivered as a warm shell
  • Last remaining ground-floor unit
  • Architecturally distinct development by KUD
Space Size Term Rental Rate Space Use Build-Out Available
Ground 1,076 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Shell Space Now

Ground

Size
1,076 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Shell Space
Available
Now

Ground

Size 1,076 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out Shell Space
Available Now

The final ground-floor commercial space within the 161 Eastern development is now available for sale or lease. Spanning approximately 100 m², this tenancy is delivered in a warm shell condition, providing a ready-to-customize canvas suitable for a variety of occupier needs. Its configuration accommodates retail, office, or studio use and benefits from excellent street visibility within a recently completed architecturally designed mixed-use building. Positioned in a prominent South Melbourne location, the property enjoys proximity to Clarendon Street retail, South Melbourne Market, Albert Park Lake, and frequent tram services offering direct access to Melbourne’s CBD. Designed by award-winning architecture firm KUD in partnership with FORTENUM, the building reflects refined design principles while delivering versatile, future-ready commercial spaces. This final available ground-floor opportunity offers outstanding potential for owner-occupiers and investors seeking exposure and functionality in one of Melbourne’s most connected fringe precincts.

  • Located in-line with other retail
  • Last remaining ground-floor unit
  • Delivered as a warm shell
  • Architecturally distinct development by KUD

Property Facts

Total Space Available 1,076 SF
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 69,847 SF

About the Property

161 Eastern Road is home to 161 Eastern, a recently developed residential building in South Melbourne. The project is the result of a collaboration between developer FORTENUM and award-winning architecture firm KUD, bringing together a strong design focus on blending modern architectural form with art-inspired detailing. The building comprises 32 apartments configured as two-, three-, and four-bedroom residences, arranged to reflect larger home-style layouts within a boutique structure. Interiors make use of natural, durable materials and incorporate considered design elements aimed at balancing contemporary aesthetics with long-term functionality. Private outdoor spaces, including terraces and balconies, form part of most apartments, while communal areas focus on privacy and quality detailing. The development is located within a walkable precinct close to Albert Park Lake, South Melbourne Market, and Clarendon Street, with tram and arterial connections providing direct access to Melbourne’s central city and inner suburbs.

Nearby Major Retailers

Crossfit
Toyota
  • Listing ID: 40965220

  • Date on Market: 6/18/2026

  • Last Updated:

  • Address: 161 Eastern Rd, South Melbourne, VIC 3205

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