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25 Argyle St 1,453 SF Office Condo Unit Offered at $556,106 in Fitzroy, VIC 3065
Investment Highlights
- Convenient access to major retail strips, dining hubs, and Melbourne CBD within minutes.
- Recently upgraded office featuring modern finishes, partitioned meeting rooms, and exclusive facilities.
- Zoned Mixed-Use, permitting a range of future uses subject to approvals.
Executive Summary
25 Argyle Street in Fitzroy is a two-level office property located within a mixed-use zoned precinct. The building includes open-plan areas, partitioned offices, kitchen facilities, and amenities, with two onsite car spaces. It is situated near Nicholson, Brunswick, and Johnston Streets, providing access to public transport and Melbourne CBD within approximately 15 minutes.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 6.00% |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| No. Parking Spaces | 2 |
Description
Office property located at 25 Argyle Street, Fitzroy, approximately 1.5 km northeast of Melbourne CBD. The area is characterized by a mix of residential, office, and hospitality uses supported by tram and bus routes along Nicholson and Johnston Streets. The property is on a Mixed-Use Zone (MUZ) designation, enabling a variety of uses in accordance with local planning controls. Fitzroy features established retail strips and is accessible to Parkville train station and bike paths. Two on-site car parks are on title.
Sale Notes
Unit 7, 25 Argyle Street offers purchasers an attractive, income-generating investment opportunity in one of Melbourne’s most dynamic city-fringe neighborhoods. Recently refurbished, this fully self-contained office suite blends contemporary design elements with functional layouts, featuring exposed services, timber flooring, partitioned workspaces, and an exclusive kitchenette with amenities. Expansive southern-facing windows provide exceptional natural light, creating an efficient and inviting work environment.
The property is securely leased to Fitzroy IT Pty Ltd on a three-year term commencing March 2025, with fixed annual uplifts of 3.5%, delivering a net income of $46,575 per annum plus GST. Two onsite car spaces are included on title, enhancing accessibility and tenant appeal. Zoned Mixed-Use under MUZ guidelines, the property offers flexibility for alternative uses, subject to approvals, providing additional long-term value potential.
Situated within walking distance of Brunswick Street, Nicholson Street, and Johnston Street retail and hospitality precincts, this location ensures strong lifestyle amenity for occupants. The Melbourne CBD is accessible in under 15 minutes by car, tram, or bike, supporting ongoing demand from creative and professional sectors.
The property is securely leased to Fitzroy IT Pty Ltd on a three-year term commencing March 2025, with fixed annual uplifts of 3.5%, delivering a net income of $46,575 per annum plus GST. Two onsite car spaces are included on title, enhancing accessibility and tenant appeal. Zoned Mixed-Use under MUZ guidelines, the property offers flexibility for alternative uses, subject to approvals, providing additional long-term value potential.
Situated within walking distance of Brunswick Street, Nicholson Street, and Johnston Street retail and hospitality precincts, this location ensures strong lifestyle amenity for occupants. The Melbourne CBD is accessible in under 15 minutes by car, tram, or bike, supporting ongoing demand from creative and professional sectors.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 7 | 1,453 SF | Office | $556,106 ($382.73/SF) | $33,366.33 |
Unit 7
| Unit Size |
| 1,453 SF |
| Condo Use |
| Office |
| Price |
| $556,106 ($382.73/SF) |
| NOI |
| $33,366.33 |
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Unit 7
| Unit Size | 1,453 SF |
| Condo Use | Office |
| Price | $556,106 ($382.73/SF) |
| NOI | $33,366.33 |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| No. Parking Spaces | 2 |
| Description | |
| Office property located at 25 Argyle Street, Fitzroy, approximately 1.5 km northeast of Melbourne CBD. The area is characterized by a mix of residential, office, and hospitality uses supported by tram and bus routes along Nicholson and Johnston Streets. The property is on a Mixed-Use Zone (MUZ) designation, enabling a variety of uses in accordance with local planning controls. Fitzroy features established retail strips and is accessible to Parkville train station and bike paths. Two on-site car parks are on title.</li></ul> | |
| Sale Notes | |
| Unit 7, 25 Argyle Street offers purchasers an attractive, income-generating investment opportunity in one of Melbourne’s most dynamic city-fringe neighborhoods. Recently refurbished, this fully self-contained office suite blends contemporary design elements with functional layouts, featuring exposed services, timber flooring, partitioned workspaces, and an exclusive kitchenette with amenities. Expansive southern-facing windows provide exceptional natural light, creating an efficient and inviting work environment.<br> The property is securely leased to Fitzroy IT Pty Ltd on a three-year term commencing March 2025, with fixed annual uplifts of 3.5%, delivering a net income of $46,575 per annum plus GST. Two onsite car spaces are included on title, enhancing accessibility and tenant appeal. Zoned Mixed-Use under MUZ guidelines, the property offers flexibility for alternative uses, subject to approvals, providing additional long-term value potential.<br> Situated within walking distance of Brunswick Street, Nicholson Street, and Johnston Street retail and hospitality precincts, this location ensures strong lifestyle amenity for occupants. The Melbourne CBD is accessible in under 15 minutes by car, tram, or bike, supporting ongoing demand from creative and professional sectors.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 13,347 SF | Typical Floor Size | 6,674 SF |
| Property Type | Office (Condo) | Lot Size | 0.40 AC |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Floors | 2 |
| Total Building Size | 13,347 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 6,674 SF |
| Lot Size | 0.40 AC |
| Parking Ratio | 0.75/1,000 SF |
Amenities
- High Ceilings
- Natural Light
- Open-Plan
- Partitioned Offices
- Air Conditioning
1 1
Contacts
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Eddie Foulkes -
Christian Hatzis -
Xavier Nguyen -
Colliers Melbourne - Chadstone
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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25 Argyle St
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