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Investment Highlights

  • Two-story commercial building offering a flexible internal configuration to support multiple uses.
  • Situated near major arterial roads and public transport, including Richmond Station and the Eastern Freeway.
  • Located within Cremorne, a well-established commercial and lifestyle precinct with proximity to significant amenity and employment hubs.

Executive Summary

The property at 27-35 Jessie Street comprises a series of low- to mid-rise commercial buildings situated on multiple contiguous allotments within the Cremorne precinct of Melbourne. The combined site forms a substantial landholding on Jessie Street, offering street frontage and vehicular access across its span. Improvements on the property include a mix of office and creative workspaces, with structures that reflect contemporary architectural features alongside functional layouts to accommodate various commercial uses. Onsite provisions include integrated parking and secure access points, with some areas designed for loading or service access.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 29
  • 2,583 SF
  • Office
  • $1,219,614 ($472.17/SF)
  • -
Sale Type Investment or Owner User
Description
The property consists of a two-level commercial building situated on a site of approximately 123 square meters. It has been configured as a design studio with an adaptable internal layout intended to support various commercial uses. The building has direct access to onsite car parking located behind a roller door. Zoning is classified as Commercial 2 (CZ2), permitting multiple potential uses including office, showroom, or production purposes. The property is located in Cremorne, a mixed-use precinct with commercial and lifestyle amenities in close proximity.
Sale Notes
29 Jessie Street, Cremorne is offered with vacant possession and provides an opportunity for both owner-occupiers and investors. The existing layout accommodates a range of commercial occupancies under the current zoning. Short-term income arrangements are in place but allow for flexibility in future repositioning. GST concessions may apply under the conditions of the sale. The property’s zoning and current improvements enable varied end-use potential subject to necessary approvals.
Unit Unit Size Condo Use Price NOI
Unit 29 2,583 SF Office $1,219,614 ($472.17/SF) -

Unit 29

Unit Size
2,583 SF
Condo Use
Office
Price
$1,219,614 ($472.17/SF)
NOI
-

Unit 29

Unit Size 2,583 SF
Condo Use Office
Price $1,219,614 ($472.17/SF)
NOI -
Sale Type Investment or Owner User
Description
The property consists of a two-level commercial building situated on a site of approximately 123 square meters. It has been configured as a design studio with an adaptable internal layout intended to support various commercial uses. The building has direct access to onsite car parking located behind a roller door. Zoning is classified as Commercial 2 (CZ2), permitting multiple potential uses including office, showroom, or production purposes. The property is located in Cremorne, a mixed-use precinct with commercial and lifestyle amenities in close proximity.</li></ul>
Sale Notes
29 Jessie Street, Cremorne is offered with vacant possession and provides an opportunity for both owner-occupiers and investors. The existing layout accommodates a range of commercial occupancies under the current zoning. Short-term income arrangements are in place but allow for flexibility in future repositioning. GST concessions may apply under the conditions of the sale. The property’s zoning and current improvements enable varied end-use potential subject to necessary approvals.</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 13,110 SF
Property Type Flex (Condo)
Property Subtype Showroom
Building Class C
Floors 2
Typical Floor Size 6,555 SF
Lot Size 0.15 AC

Amenities

  • 24 Hour Access
  • Automatic Blinds
  • Storage Space
  • Listing ID: 40733661

  • Date on Market: 6/1/2026

  • Last Updated:

  • Address: 27-35 Jessie Street, Cremorne, VIC 3121

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