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Investment Highlights

  • Abundant natural light, efficient layouts, and high-speed connectivity.
  • Offered with vacant possession, suiting owner-occupiers or investors seeking immediate city-fringe entry.
  • Surrounded by major tenants and trendsetting hospitality venues in the Cremorne precinct.

Executive Summary

154 Cremorne Street forms part of a mixed-use development integrated with high-end residential and commercial offerings, strategically positioned in the heart of Cremorne—Melbourne’s premier creative and technology hub. The precinct is centrally located within walking distance to Richmond Station, Swan Street hospitality, and major arterial links, providing seamless accessibility to Melbourne CBD and surrounding inner-city precincts. The property incorporates contemporary apartment and commercial strata formats complemented by shared premium building amenities, including fitness facilities, spa/sauna, rooftop entertainment zones, and private function spaces, underpinned by sophisticated architectural design and superior finishes. Current built form reflects high-density utilization on a prominent site within a development-friendly zoning framework, aligning with long-term structural trends toward vertical mixed-use intensification. This makes it an ideal investment location for flexible occupancy and strong capital growth positioning in Melbourne’s most sought-after fringe market.

2 Units Available

Unit 1

Unit Size 2,292 SF
Condo Use Office
Sale Type Investment or Owner User
No. Parking Spaces 2
APN/Parcel ID 1\TP253064
Description

Unit 1 offers a premium commercial suite of approximately 213 m², positioned in one of Cremorne’s most dynamic office precincts just 3 km from Melbourne CBD. Completed in 2021, the space boasts a modern fit-out with smart finishes, exceptional natural light, and efficient open-plan configuration, supported by two on-title secure car spaces. The layout prioritizes flexibility for creative, professional, or boutique office users seeking a vibrant location enriched with lifestyle amenities. Integrated climate control and high-speed connectivity complements the operational functionality, appealing to both owner-occupiers and investors.

Sale Notes

Together or individually, Units 1 and 2A at 34 Gough Street present a unique opportunity to acquire strata-titled assets in Melbourne’s most tightly held commercial enclave. Strategically located in Cremorne’s thriving innovation district, these turn-key suites provide high design quality, superior accessibility, and strong fundamentals supporting long-term capital growth.
Benefiting from close proximity to Swan Street hospitality, public transport options, and major arterial links, these properties cater to businesses seeking connectivity and urban vibrancy, as well as investors targeting consistently high occupancy levels and premium rentals in Melbourne’s #1 city-fringe precinct. Both suites are offered with vacant possession, enabling immediate customization or swift tenant commitment.

Entry/Ground floor
1st floor office space
View Photo Entry/Ground floor
View Photo 1st floor office space

Unit 2A

Unit Size 1,334 SF
Condo Use Office
Sale Type Investment or Owner User
No. Parking Spaces 1
APN/Parcel ID 1\TP253064
Description

Unit 2A comprises an approximate floor area of 124 m², enhanced by contemporary interiors, quality natural light penetration, and a compact yet versatile floorplate, making it an ideal setting for collaborative workplaces and agile office formats. The property includes one secure car park—a valuable inner-city feature—and is designed for low-maintenance occupation through premium finishes and modern building systems. Located in a high-growth business hub surrounded by leading corporates, cafés, and amenity, Unit 2A offers outstanding positioning for occupiers or investors pursuing Cremorne’s strong rental demand curve.

Sale Notes

Together or individually, Units 1 and 2A at 34 Gough Street present a unique opportunity to acquire strata-titled assets in Melbourne’s most tightly held commercial enclave. Strategically located in Cremorne’s thriving innovation district, these turn-key suites provide high design quality, superior accessibility, and strong fundamentals supporting long-term capital growth.
Benefiting from close proximity to Swan Street hospitality, public transport options, and major arterial links, these properties cater to businesses seeking connectivity and urban vibrancy, as well as investors targeting consistently high occupancy levels and premium rentals in Melbourne’s #1 city-fringe precinct. Both suites are offered with vacant possession, enabling immediate customization or swift tenant commitment.

Ground floor
1st floor office space
Kitchenette
Balcony
View Photo Ground floor
View Photo 1st floor office space
View Photo Kitchenette
View Photo Balcony

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 170,005 SF
Property Type Multifamily
Property Subtype Apartment
Building Class A
Floors 14
Typical Floor Size 12,142 SF
Year Built 2020
Lot Size 8.15 AC
  • Listing ID: 40398206

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 34 Gough St, Cremorne, VIC 3121

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