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520-540 Victoria St 548 SF Office Condo Unit Offered at $161,529 in North Melbourne, VIC 3051
Investment Highlights
- Prime Victoria Street frontage within Melbourne’s inner-urban growth corridor.
- Situated on the Melbourne city fringe, offering both accessibility and business visibility.
- Strategic location near key transport arterials including CityLink and the Tullamarine Freeway, offering direct access to Melbourne CBD and Melbourne
- Surrounded by lifestyle amenities including Queen Victoria Market and vibrant cafés.
Executive Summary
The property at 520-528 Victoria Street, North Melbourne, is a mixed-use building within the City of Melbourne, offering multi-level accommodation suitable for commercial and professional uses. It occupies a prominent position along Victoria Street with convenient access to major arterial roads and public transport, including tram and bus stops nearby and North Melbourne Railway Station approximately 650 meters away. The building is in close proximity to the Errol Street retail and dining precinct and sits within a Mixed Use Zone that supports diverse neighboring residential, retail, and office activities. Onsite parking, surrounding street parking, and excellent connectivity via CityLink and the Tullamarine Freeway enhance accessibility, while the property’s location provides strong connectivity to Melbourne’s CBD and surrounding employment hubs.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Unit 8 is an office that includes essential amenities such as a kitchenette and private bathroom, complemented by modern finishes and efficient climate control systems. Its compact footprint suits a wide range of professional uses, ensuring an easy-to-manage asset with strong leasing appeal.
Sale Notes
Secure an affordable office located in Melbourne’s thriving city fringe precinct. This well-configured space combines functionality with convenience, offering investors or owner-occupiers an opportunity to acquire a property positioned within one of North Melbourne’s most desirable business hubs.
The office includes essential amenities such as a kitchenette and private bathroom, complemented by modern finishes and efficient climate control systems. Its compact footprint suits a wide range of professional uses, ensuring an easy-to-manage asset with strong leasing appeal.
Situated on Victoria Street, the property benefits from exceptional connectivity to Melbourne CBD and major arterial roads, offering accessibility for clients and teams alike. Public transport links and nearby amenities, including Queen Victoria Market and numerous cafés, enhance day-to-day convenience and add leasing desirability for future occupants.
With current demand for flexible workspaces and properties of this scale continuing to grow, this is an outstanding opportunity to own a well-located commercial office within one of Melbourne’s most dynamic commercial corridors.
The office includes essential amenities such as a kitchenette and private bathroom, complemented by modern finishes and efficient climate control systems. Its compact footprint suits a wide range of professional uses, ensuring an easy-to-manage asset with strong leasing appeal.
Situated on Victoria Street, the property benefits from exceptional connectivity to Melbourne CBD and major arterial roads, offering accessibility for clients and teams alike. Public transport links and nearby amenities, including Queen Victoria Market and numerous cafés, enhance day-to-day convenience and add leasing desirability for future occupants.
With current demand for flexible workspaces and properties of this scale continuing to grow, this is an outstanding opportunity to own a well-located commercial office within one of Melbourne’s most dynamic commercial corridors.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 8 | 548 SF | Office | $161,529 ($294.76/SF) | - |
Unit 8
| Unit Size |
| 548 SF |
| Condo Use |
| Office |
| Price |
| $161,529 ($294.76/SF) |
| NOI |
| - |
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Unit 8
| Unit Size | 548 SF |
| Condo Use | Office |
| Price | $161,529 ($294.76/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Unit 8 is an office that includes essential amenities such as a kitchenette and private bathroom, complemented by modern finishes and efficient climate control systems. Its compact footprint suits a wide range of professional uses, ensuring an easy-to-manage asset with strong leasing appeal.</li></ul> | |
| Sale Notes | |
| Secure an affordable office located in Melbourne’s thriving city fringe precinct. This well-configured space combines functionality with convenience, offering investors or owner-occupiers an opportunity to acquire a property positioned within one of North Melbourne’s most desirable business hubs.<br> <br> The office includes essential amenities such as a kitchenette and private bathroom, complemented by modern finishes and efficient climate control systems. Its compact footprint suits a wide range of professional uses, ensuring an easy-to-manage asset with strong leasing appeal.<br> <br> Situated on Victoria Street, the property benefits from exceptional connectivity to Melbourne CBD and major arterial roads, offering accessibility for clients and teams alike. Public transport links and nearby amenities, including Queen Victoria Market and numerous cafés, enhance day-to-day convenience and add leasing desirability for future occupants.<br> <br> With current demand for flexible workspaces and properties of this scale continuing to grow, this is an outstanding opportunity to own a well-located commercial office within one of Melbourne’s most dynamic commercial corridors.</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 | 22,238 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 11,011 SF |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.02 AC |
| Building Class | C |
| Total Building Size | 22,238 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 11,011 SF |
| Lot Size | 0.02 AC |
Amenities
- Signage
- Air Conditioning
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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520-540 Victoria St
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