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313 La Trobe St 5,263 SF Office Condo Unit Offered at $3,602,250 in Melbourne, VIC 3000
Investment Highlights
- Expansive land parcel of approximately 6,903 m² within Melbourne’s central business district.
- Surrounded by established retail, hospitality, and business services fostering convenience and vibrancy.
- High exposure location in Melbourne CBD, with ongoing infrastructure and urban renewal projects nearby.
- Excellent connectivity via extensive tram network and close proximity to Melbourne Central Station.
- Within walking distance of RMIT University, major commercial towers, and public amenities.
- Strategic potential for development or adaptive re-use subject to planning permissions.
Executive Summary
313 La Trobe Street presents a significant landholding in the heart of Melbourne’s CBD, offering investors and developers an opportunity to secure an extensive parcel within a highly connected urban setting. The property comprises approximately 6,903 square meters of land, positioned close to major Melbourne landmarks and top-tier amenities. It benefits from proximity to established retail, dining, education, and public transport networks, providing both convenience and long-term growth potential. Located within Melbourne’s central business district, the site is well accessed by tram routes, nearby train stations, and arterial roads linking to greater metropolitan Melbourne. Surrounding development activity and strong population growth continue to elevate demand for quality residential, commercial, and mixed-use assets in the area. With schools, universities, and corporate activity nearby, the site offers flexibility for a wide range of development outcomes subject to relevant approvals.
1 Unit Available
| Unit Size | 5,263 SF | Sale Type | Investment |
| Price | $3,602,250 | Cap Rate | 6.50% |
| Price Per SF | $684.45 | NOI | $234,146.25 |
| Condo Use | Office |
| Unit Size | 5,263 SF |
| Price | $3,602,250 |
| Price Per SF | $684.45 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| NOI | $234,146.25 |
Description
Level 8 at 313 La Trobe Street offers a fully leased, high-quality commercial floor within the core of Melbourne’s CBD. Occupying approximately 489 square meters, this whole-floor asset has been purpose-built and newly refurbished in 2025 to meet premium education requirements. It features modern fit-outs, excellent natural light, and sweeping city views, creating an outstanding learning environment.
The property benefits from a Certificate of Occupancy (9B) for up to 210 occupants, ensuring compliance for specialist education use. Securely leased to Harward International College, an established education provider, the tenancy commenced February 2025 under a five-year agreement with two additional four-year options, providing long-term income stability.
Strategically positioned in Melbourne’s education and legal precinct, the location offers exceptional access to Flagstaff Station, Melbourne Central, RMIT University, local courts, and an abundance of retail and dining amenities. Multiple tram routes and arterial road connections enhance connectivity across the city.
With newly installed interiors, flexible classroom layouts, and abundant light across the entire floorplate, this asset combines modern functionality with a central CBD address. This is an exceptional opportunity for investors seeking a reliable income stream from a reputable education tenant in one of Australia’s most tightly held commercial markets.
Sale Notes
RIC Realty is proud to present a premium commercial investment opportunity in the heart of Melbourne CBD, delivering a strong 6.5% net return. Level 8 at 313 La Trobe Street offers a rare chance to secure a whole-floor asset within Melbourne’s dynamic education and legal precinct, surrounded by leading institutions and transport connectivity.
The 489 sqm tenancy is fully leased to Harward International College, a respected education provider with a proven track record since 2010. Recently refurbished in 2025 for high-quality education use, the property benefits from modern finishes, a Certificate of Occupancy (9B) for 210 occupants, and abundant natural light complemented by iconic city views.
The lease commenced in February 2025 for a five-year term, with two additional options of four years each, ensuring long-term income stability. Tenants pay outgoings including owner corporation fees, council rates, and water charges, making this a low-maintenance, secure investment. Positioned moments from Flagstaff Station, Melbourne Central, RMIT University, and major legal hubs, the location underscores strong tenant demand and enduring capital value.
With net income of approximately $318,000 per annum and an education covenant offering exceptional reliability, this property is not only a rare acquisition but also a strategic investment in Melbourne’s vibrant commercial landscape.
Property Facts
| Total Building Size | 68,426 SF | Typical Floor Size | 5,264 SF |
| Property Type | Office (Condo) | Year Built | 1993 |
| Building Class | C | Lot Size | 0.12 AC |
| Floors | 13 |
| Total Building Size | 68,426 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 13 |
| Typical Floor Size | 5,264 SF |
| Year Built | 1993 |
| Lot Size | 0.12 AC |
Amenities
- Bus Line
- Commuter Rail
- Demised WC facilities
- Natural Light
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313 La Trobe St
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