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350 La Trobe St - Centro Apartments 2,152 SF Office Condo Unit Offered at $1,037,100 in Melbourne, VIC 3000
Investment Highlights
- Exclusive 24-hour ground floor street access for secure and convenient entry.
- Prime CBD location near Flagstaff Gardens and major transport hubs including Melbourne Central and Flagstaff stations.
- Natural light from La Trobe Street frontage and rear laneway windows.
Executive Summary
Centro Apartments was originally constructed as an office tower in 1968 and converted into apartments in 1994.
Property Facts
| Total Building Size | 51,419 SF | Floors | 11 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,674 SF |
| Property Subtype | Apartment | Year Built | 1994 |
| Building Class | C | Lot Size | 0.10 AC |
| Total Building Size | 51,419 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 11 |
| Typical Floor Size | 4,674 SF |
| Year Built | 1994 |
| Lot Size | 0.10 AC |
Amenities
Unit Amenities
- Balcony
Site Amenities
- 24 Hour Access
- Security System
1 Unit Available
| Unit Size | 2,152 SF | Condo Use | Office |
| Price | $1,037,100 | Sale Type | Investment |
| Price Per SF | $481.92 |
| Unit Size | 2,152 SF |
| Price | $1,037,100 |
| Price Per SF | $481.92 |
| Condo Use | Office |
| Sale Type | Investment |
Sale Notes
An outstanding opportunity to acquire a whole-floor office in Melbourne’s CBD, this mezzanine-level property at 350 La Trobe Street combines strong investment fundamentals with exceptional location benefits. The tenancy spans approximately 200 sqm and features a flexible open-plan layout complemented by private offices and boardroom spaces. Natural light floods the space from both La Trobe Street frontage and a rear laneway, creating a bright and functional work environment.
The property offers exclusive 24-hour ground floor street access, internal kitchen and toilet facilities, and a secure setting within the Centro Apartments building. Positioned near Flagstaff Gardens and within walking distance of Melbourne Central and Flagstaff train stations, the location ensures excellent connectivity and access to key amenities.
Currently leased on a short-term basis at $77,000 per annum plus GST, the property includes an optional new three-year term commencing March 24, 2027, at $90,000 per annum, providing future income security. Estimated annual outgoings total approximately $16,577.61, including Owners Corporation fees, council rates, and water charges. This is a rare chance to secure a well-priced investment in a tightly held CBD precinct with strong tenant appeal and long-term upside.
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350 La Trobe St - Centro Apartments
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