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Alfred House 40 Dudley St 1,981 SF Office Building West Melbourne, VIC 3003 For Sale
Investment Highlights
- Fully restored 1865 bluestone building combining heritage character with modern functionality.
- Prominent 251 m² corner landholding with dual street frontages to Dudley and Milton Streets.
- 184 m² of internal space across two levels with newly appointed kitchen, bathroom, and end-of-trip facilities.
- Directly opposite Flagstaff Gardens, offering rare park views and a tranquil city-edge setting.
Executive Summary
Alfred House at 40 Dudley Street presents a rare opportunity to acquire a fully reimagined heritage landmark in Melbourne’s city-fringe precinct. Originally built in 1865, this bluestone property has undergone a meticulous restoration, blending historic character with contemporary design to create a sophisticated and functional commercial environment.
The property spans 184 m² across two levels, offering a curated interior that harmonizes heritage features with modern amenities. A newly appointed kitchen, bathroom, and end-of-trip facilities ensure operational efficiency while maintaining architectural integrity. Positioned on a 251 m² corner landholding with dual frontages to Dudley and Milton Streets, the building commands a prominent presence and benefits from exceptional natural light and outlooks.
Directly opposite Flagstaff Gardens, the property enjoys an irreplaceable park-front setting that delivers a sense of openness and tranquility rarely found so close to the CBD. Connectivity is unmatched, with Flagstaff Station, Queen Victoria Market, and major arterial routes within immediate reach, providing seamless access to the Melbourne CBD and beyond. Zoned Mixed Use with a non-heritage rear component, the site offers long-term flexibility for future expansion or redevelopment (STCA), reinforcing its enduring investment appeal. The property will be offered for sale via a public on-site auction on Thursday, April 16, 2026, at 10:30 AM (AEST).
The property spans 184 m² across two levels, offering a curated interior that harmonizes heritage features with modern amenities. A newly appointed kitchen, bathroom, and end-of-trip facilities ensure operational efficiency while maintaining architectural integrity. Positioned on a 251 m² corner landholding with dual frontages to Dudley and Milton Streets, the building commands a prominent presence and benefits from exceptional natural light and outlooks.
Directly opposite Flagstaff Gardens, the property enjoys an irreplaceable park-front setting that delivers a sense of openness and tranquility rarely found so close to the CBD. Connectivity is unmatched, with Flagstaff Station, Queen Victoria Market, and major arterial routes within immediate reach, providing seamless access to the Melbourne CBD and beyond. Zoned Mixed Use with a non-heritage rear component, the site offers long-term flexibility for future expansion or redevelopment (STCA), reinforcing its enduring investment appeal. The property will be offered for sale via a public on-site auction on Thursday, April 16, 2026, at 10:30 AM (AEST).
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
1,981 SF
Building Class
C
Year Built
1865
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
990 SF
Building FAR
0.73
Lot Size
0.06 AC
Amenities
- Bus Line
- Commuter Rail
- Kitchen
- Accent Lighting
- Demised WC facilities
- Balcony
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Alfred House | 40 Dudley St
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