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Investment Highlights

  • Prominent city-fringe location only minutes from Melbourne’s Central Business District.
  • Features climate-controlled heating and cooling, provisions for exhaust and grease trap, and natural light throughout.
  • Positioned within a high-profile precinct near major occupants such as Nick Theodossi Prestige Cars and Woolworths.
  • Ground floor showroom/office layout offering extensive street frontage of approximately 25 metres.
  • Offers secure on-site parking with additional spaces available for lease.
  • Located in the Arden-Macaulay urban renewal zone identified for significant long-term redevelopment and infrastructure investment.

Executive Summary

204 - 218 Dryburgh Street, North Melbourne, lies within an established commercial corridor benefiting from mixed-use zoning (MUZ), enabling a combination of office, showroom, and retail uses. The property provides immediate access to Arden Street, Laurens Street, and principal arterial routes connecting to Melbourne CBD. Public transport connectivity includes nearby access to Arden train station and tram stops along Abbotsford Street. The surrounding area comprises a mix of light commercial uses, retail services, and residential dwellings with further planned growth under the City of Melbourne’s Arden-Macaulay Structure Plan for long-term urban renewal initiatives.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 32
  • 721 SF
  • Office
  • $236,412 ($327.89/SF)
  • -
Sale Type Investment
No. Parking Spaces 2
Description
Situated on the third level with an abundance of natural light through floor-to-ceiling windows, the property offers approximately 67 m² of functional office space designed for comfort and efficiency. Updated heating and cooling systems, intercom security access, and access to a communal kitchen and amenities add convenience for both staff and visitors.
Sale Notes
This quality office opportunity presents a rare chance to secure a modern workspace in one of Melbourne’s most connected inner-city precincts.

The property also provides two undercover car spaces—an outstanding benefit in this tightly held city-fringe location. Positioned in a thriving precinct with easy access to the Melbourne CBD, it is well-serviced by multiple public transport options, including train, tram, and bus routes, all within short walking distance.

This asset offers an attractive proposition for investors seeking steady returns with current tenancy in place and flexibility to occupy later. Its strategic position, modern features, and strong connectivity ensure enduring appeal for businesses seeking a professional base close to Melbourne's economic core.
Unit Unit Size Condo Use Price NOI
Unit 32 721 SF Office $236,412 ($327.89/SF) -

Unit 32

Unit Size
721 SF
Condo Use
Office
Price
$236,412 ($327.89/SF)
NOI
-

Unit 32

Unit Size 721 SF
Condo Use Office
Price $236,412 ($327.89/SF)
NOI -
Sale Type Investment
No. Parking Spaces 2
Description
Situated on the third level with an abundance of natural light through floor-to-ceiling windows, the property offers approximately 67 m&#178; of functional office space designed for comfort and efficiency. Updated heating and cooling systems, intercom security access, and access to a communal kitchen and amenities add convenience for both staff and visitors.</li></ul>
Sale Notes
This quality office opportunity presents a rare chance to secure a modern workspace in one of Melbourne’s most connected inner-city precincts. <br> <br> The property also provides two undercover car spaces—an outstanding benefit in this tightly held city-fringe location. Positioned in a thriving precinct with easy access to the Melbourne CBD, it is well-serviced by multiple public transport options, including train, tram, and bus routes, all within short walking distance.<br> <br> This asset offers an attractive proposition for investors seeking steady returns with current tenancy in place and flexibility to occupy later. Its strategic position, modern features, and strong connectivity ensure enduring appeal for businesses seeking a professional base close to Melbourne&#39;s economic core.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 44,003 SF
Property Type Office (Condo)
Building Class B
Floors 4
Typical Floor Size 11,001 SF
Lot Size 0.25 AC
  • Listing ID: 40669215

  • Date on Market: 5/26/2026

  • Last Updated:

  • Address: 204-218 Dryburgh Street, North Melbourne, VIC 3051

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