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Investment Highlights

  • Prominent position along Melbourne’s sought-after St Kilda Road commercial corridor.
  • Secure building infrastructure with modern fittings, lift access, and allocated onsite car parking.
  • Suites available as vacant for immediate occupation or leased, providing strong investment fundamentals.
  • Superbly appointed office suites with abundant natural light, fully air-conditioned interiors, and modern kitchen facilities on every floor.

Executive Summary

The Jewel at 566 St Kilda Road is a prominent commercial building offering modern office spaces with excellent connectivity to Melbourne’s CBD. The property features 24/7 access, shared kitchenette facilities, and on-site amenities including a food court, gym, café, and secure parking. Positioned along a major arterial, it provides convenient access to public transport and is surrounded by parks, retail, and dining options.

10 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 16
  • 559 SF
  • Office
  • $182,682 ($326.80/SF)
  • -
Sale Type Investment
APN/Parcel ID G16\PS402478
Description
Ground-floor suite with three rooms and reception, complemented by two car spaces and a secure, optioned lease for stability.
Sale Notes
Benefiting from a robust lease of $19,000 gross per annum expiring 30 June 2026, plus 3 x 2-year options, Suite G16 provides a strong, security-backed income stream. The suite comprises three rooms and reception, complemented by two car spaces. Its ground floor position within The Jewel ensures premium accessibility, with amenities and transit conveniences at the door.
  • Unit 103
  • 1,399 SF
  • Office
  • $401,184 ($286.76/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 103\PS402478
Description
Corner-position suite with dual aspect and two car spaces. Flexible planning and great natural light for a professional image.
Sale Notes
Prominently located with dual south and east-facing frontage, Suite 103 offers an expansive 130 m² layout suited to corporate users or investors seeking strong re-leasing prospects, with a potential approximate $69,000 gross return. Including two secure car spaces and capacity for open-plan or partitioned use, this suite benefits from the building’s amenities and prime location on the St Kilda Road corridor.
  • Unit 207
  • 581 SF
  • Office
  • $141,847 ($244.14/SF)
  • -
Sale Type Investment
APN/Parcel ID 207\PS402478
Description
Configured with four rooms and a reception space, this suite is an income-generating investment under a secure lease at $20,300 gross per annum.
Sale Notes
Suite 207 features four private rooms and a reception area, supported by a secure lease generating $20,300 gross per annum. Positioned within The Jewel’s boutique office environment, this suite offers stability of income with upside through a prime St Kilda Road address. Investors gain access to a professionally maintained building complete with shared facilities and secure on-site parking options.
  • Unit 215
  • 473 SF
  • Office
  • $98,147 ($207.50/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 215A\PS402478
Description
Two-room office with a welcoming reception area. Offered vacant and ready for fit-out by an owner-occupier or investor seeking an affordable St Kilda Road address.
Sale Notes
Located within the well-regarded Jewel complex on St Kilda Road, Suite 215 presents an affordable entry point to one of Melbourne’s busiest commercial corridors. The suite comprises two private rooms and a reception area, ideal for professional use. Offered with vacant possession, this space is suited for owner-occupiers seeking a cost-effective CBD fringe location or investors targeting long-term capital growth. The property benefits from shared amenities, excellent natural light, and immediate connectivity via tram stops directly outside the building.
  • Unit 303
  • 1,237 SF
  • Office
  • $329,544 ($266.41/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 5
APN/Parcel ID 303\PS402478
Description
Suite 303 at 566 St Kilda Road comprises an office space of approximately 115 m² located on a front corner position within the building. The layout includes five enclosed rooms and two larger open-plan areas. Recent partial renovations have been completed. The premises are situated in a multi-storey commercial building equipped with lift access and ground-floor amenities. Car parking is available in the building. Utilities such as Owners Corporation fees, council rates, and water charges are currently paid by the landlord.
Sale Notes
Position your business at a prestigious St Kilda Road address within a boutique, state-of-the-art seven-level building. This 115 m² corner office suite offers exceptional natural light and impressive views, creating an environment designed for functionality and style. The interior layout includes five partitioned rooms complemented by two generous open-plan areas, providing versatility for multiple business setups or a collaborative workplace model.
Connectivity is a major asset with tram routes at your doorstep, bus services within 200 meters, and the forthcoming new metro station close by, ensuring easy access for staff and clients. Nearby amenities enhance convenience, from the ground-floor café to proximity to Melbourne’s prime retail and dining precincts. With the landlord covering Owners Corporation, council, and water bills, operational costs are streamlined for owner-occupiers. Whether for investment or occupation, this offering delivers quality infrastructure in a well-established commercial corridor.
  • Unit 305
  • 667 SF
  • Office
  • $250,740 ($375.92/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 305\PS402478
Description
High-quality fit-out with four rooms, reception, and two car spaces. Previously leased at $22,000 gross per annum.
Sale Notes
With the lease now expired and featuring a superior quality fit-out, Suite 305 includes four dedicated offices, a reception space, and two single car spaces. Previously leased at $22,000 gross per annum, this suite positions buyers for an immediate uplift through active re-leasing potential in a tightly held professional precinct.
  • Unit 314
  • 592 SF
  • Office
  • $171,936 ($290.43/SF)
  • -
Sale Type Investment
APN/Parcel ID 314\PS402478
Description
Comprising four rooms and reception, this suite includes two car spaces and is supported by a lease returning $16,500 annually.
Sale Notes
Suite 314 combines leasing income with additional value through the inclusion of two car spaces. The layout features four rooms plus reception, fully utilized under a $16,500 gross per annum lease. Positioned within a business hub renowned for medical and professional tenants, this strata office is well supported by transport links and surrounding amenities.
  • Unit 319
  • 581 SF
  • Office
  • $179,100 ($308.26/SF)
  • -
Sale Type Investment
APN/Parcel ID 319\PS402478
Description
Functional layout with three rooms, reception, and one car space. Solid long-term lease in place providing secure returns.
Sale Notes
Currently leased at $15,500 gross per annum until August 2027, Suite 319 provides a secure office investment within a sought-after building footprint. The property features three rooms, a reception area, and includes a valuable car space. This long-term lease offers consistent returns while being positioned in one of Melbourne’s most active CBD fringe corridors.
  • Unit 504
  • 807 SF
  • Office
  • $143,280 ($177.55/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 75\PS402478
Description
Professionally presented, fully furnished office offering five rooms, a meeting space, reception area, and private balcony with elevated outlook.
Sale Notes
Set on an upper floor with balcony access, Suite 504 boasts a versatile layout featuring five rooms, a meeting space, and a dedicated reception. Offered furnished and ready for immediate use, this suite suits professional practices requiring functional space within a premium location. Buyers benefit from building amenities including security parking, an on-site café, and direct tram access outside.
  • -
  • 538 SF
  • Office
  • $141,847 ($263.66/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 302\PS402478
Description
Street-facing suite featuring four rooms and a waiting area, providing natural light and strong re-leasing potential. Vacant and ready for immediate occupancy.
Sale Notes
Enjoy street-facing exposure from Suite 302, an office suite comprising four rooms and a waiting area. Recently vacated, the property previously achieved a gross rent of $19,813 per annum, highlighting its income potential. Located on a light-filled elevation in a reputable building, this suite appeals to buyers seeking both occupation flexibility and enduring location demand along Melbourne’s prominent commercial boulevard.
Unit Unit Size Condo Use Price NOI
Unit 16 559 SF Office $182,682 ($326.80/SF) -
Unit 103 1,399 SF Office $401,184 ($286.76/SF) -
Unit 207 581 SF Office $141,847 ($244.14/SF) -
Unit 215 473 SF Office $98,147 ($207.50/SF) -
Unit 303 1,237 SF Office $329,544 ($266.41/SF) -
Unit 305 667 SF Office $250,740 ($375.92/SF) -
Unit 314 592 SF Office $171,936 ($290.43/SF) -
Unit 319 581 SF Office $179,100 ($308.26/SF) -
Unit 504 807 SF Office $143,280 ($177.55/SF) -
- 538 SF Office $141,847 ($263.66/SF) -

Unit 16

Unit Size
559 SF
Condo Use
Office
Price
$182,682 ($326.80/SF)
NOI
-

Unit 103

Unit Size
1,399 SF
Condo Use
Office
Price
$401,184 ($286.76/SF)
NOI
-

Unit 207

Unit Size
581 SF
Condo Use
Office
Price
$141,847 ($244.14/SF)
NOI
-

Unit 215

Unit Size
473 SF
Condo Use
Office
Price
$98,147 ($207.50/SF)
NOI
-

Unit 303

Unit Size
1,237 SF
Condo Use
Office
Price
$329,544 ($266.41/SF)
NOI
-

Unit 305

Unit Size
667 SF
Condo Use
Office
Price
$250,740 ($375.92/SF)
NOI
-

Unit 314

Unit Size
592 SF
Condo Use
Office
Price
$171,936 ($290.43/SF)
NOI
-

Unit 319

Unit Size
581 SF
Condo Use
Office
Price
$179,100 ($308.26/SF)
NOI
-

Unit 504

Unit Size
807 SF
Condo Use
Office
Price
$143,280 ($177.55/SF)
NOI
-

-

Unit Size
538 SF
Condo Use
Office
Price
$141,847 ($263.66/SF)
NOI
-

Unit 16

Unit Size 559 SF
Condo Use Office
Price $182,682 ($326.80/SF)
NOI -
Sale Type Investment
APN/Parcel ID G16\PS402478
Description
Ground-floor suite with three rooms and reception, complemented by two car spaces and a secure, optioned lease for stability.</li></ul>
Sale Notes
Benefiting from a robust lease of $19,000 gross per annum expiring 30 June 2026, plus 3 x 2-year options, Suite G16 provides a strong, security-backed income stream. The suite comprises three rooms and reception, complemented by two car spaces. Its ground floor position within The Jewel ensures premium accessibility, with amenities and transit conveniences at the door.</li></ul>

Unit 103

Unit Size 1,399 SF
Condo Use Office
Price $401,184 ($286.76/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 103\PS402478
Description
Corner-position suite with dual aspect and two car spaces. Flexible planning and great natural light for a professional image.</li></ul>
Sale Notes
Prominently located with dual south and east-facing frontage, Suite 103 offers an expansive 130 m&#178; layout suited to corporate users or investors seeking strong re-leasing prospects, with a potential approximate $69,000 gross return. Including two secure car spaces and capacity for open-plan or partitioned use, this suite benefits from the building’s amenities and prime location on the St Kilda Road corridor.</li></ul>

Unit 207

Unit Size 581 SF
Condo Use Office
Price $141,847 ($244.14/SF)
NOI -
Sale Type Investment
APN/Parcel ID 207\PS402478
Description
Configured with four rooms and a reception space, this suite is an income-generating investment under a secure lease at $20,300 gross per annum.</li></ul>
Sale Notes
Suite 207 features four private rooms and a reception area, supported by a secure lease generating $20,300 gross per annum. Positioned within The Jewel’s boutique office environment, this suite offers stability of income with upside through a prime St Kilda Road address. Investors gain access to a professionally maintained building complete with shared facilities and secure on-site parking options.</li></ul>

Unit 215

Unit Size 473 SF
Condo Use Office
Price $98,147 ($207.50/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 215A\PS402478
Description
Two-room office with a welcoming reception area. Offered vacant and ready for fit-out by an owner-occupier or investor seeking an affordable St Kilda Road address.</li></ul>
Sale Notes
Located within the well-regarded Jewel complex on St Kilda Road, Suite 215 presents an affordable entry point to one of Melbourne’s busiest commercial corridors. The suite comprises two private rooms and a reception area, ideal for professional use. Offered with vacant possession, this space is suited for owner-occupiers seeking a cost-effective CBD fringe location or investors targeting long-term capital growth. The property benefits from shared amenities, excellent natural light, and immediate connectivity via tram stops directly outside the building.</li></ul>

Unit 303

Unit Size 1,237 SF
Condo Use Office
Price $329,544 ($266.41/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 5
APN/Parcel ID 303\PS402478
Description
Suite 303 at 566 St Kilda Road comprises an office space of approximately 115 m&#178; located on a front corner position within the building. The layout includes five enclosed rooms and two larger open-plan areas. Recent partial renovations have been completed. The premises are situated in a multi-storey commercial building equipped with lift access and ground-floor amenities. Car parking is available in the building. Utilities such as Owners Corporation fees, council rates, and water charges are currently paid by the landlord.</li></ul>
Sale Notes
Position your business at a prestigious St Kilda Road address within a boutique, state-of-the-art seven-level building. This 115 m&#178; corner office suite offers exceptional natural light and impressive views, creating an environment designed for functionality and style. The interior layout includes five partitioned rooms complemented by two generous open-plan areas, providing versatility for multiple business setups or a collaborative workplace model.<br> Connectivity is a major asset with tram routes at your doorstep, bus services within 200 meters, and the forthcoming new metro station close by, ensuring easy access for staff and clients. Nearby amenities enhance convenience, from the ground-floor caf&#233; to proximity to Melbourne’s prime retail and dining precincts. With the landlord covering Owners Corporation, council, and water bills, operational costs are streamlined for owner-occupiers. Whether for investment or occupation, this offering delivers quality infrastructure in a well-established commercial corridor.</li></ul>

Unit 305

Unit Size 667 SF
Condo Use Office
Price $250,740 ($375.92/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 305\PS402478
Description
High-quality fit-out with four rooms, reception, and two car spaces. Previously leased at $22,000 gross per annum.</li></ul>
Sale Notes
With the lease now expired and featuring a superior quality fit-out, Suite 305 includes four dedicated offices, a reception space, and two single car spaces. Previously leased at $22,000 gross per annum, this suite positions buyers for an immediate uplift through active re-leasing potential in a tightly held professional precinct.</li></ul>

Unit 314

Unit Size 592 SF
Condo Use Office
Price $171,936 ($290.43/SF)
NOI -
Sale Type Investment
APN/Parcel ID 314\PS402478
Description
Comprising four rooms and reception, this suite includes two car spaces and is supported by a lease returning $16,500 annually.</li></ul>
Sale Notes
Suite 314 combines leasing income with additional value through the inclusion of two car spaces. The layout features four rooms plus reception, fully utilized under a $16,500 gross per annum lease. Positioned within a business hub renowned for medical and professional tenants, this strata office is well supported by transport links and surrounding amenities.</li></ul>

Unit 319

Unit Size 581 SF
Condo Use Office
Price $179,100 ($308.26/SF)
NOI -
Sale Type Investment
APN/Parcel ID 319\PS402478
Description
Functional layout with three rooms, reception, and one car space. Solid long-term lease in place providing secure returns.</li></ul>
Sale Notes
Currently leased at $15,500 gross per annum until August 2027, Suite 319 provides a secure office investment within a sought-after building footprint. The property features three rooms, a reception area, and includes a valuable car space. This long-term lease offers consistent returns while being positioned in one of Melbourne’s most active CBD fringe corridors.</li></ul>

Unit 504

Unit Size 807 SF
Condo Use Office
Price $143,280 ($177.55/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 75\PS402478
Description
Professionally presented, fully furnished office offering five rooms, a meeting space, reception area, and private balcony with elevated outlook.</li></ul>
Sale Notes
Set on an upper floor with balcony access, Suite 504 boasts a versatile layout featuring five rooms, a meeting space, and a dedicated reception. Offered furnished and ready for immediate use, this suite suits professional practices requiring functional space within a premium location. Buyers benefit from building amenities including security parking, an on-site caf&#233;, and direct tram access outside.</li></ul>

-

Unit Size 538 SF
Condo Use Office
Price $141,847 ($263.66/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 302\PS402478
Description
Street-facing suite featuring four rooms and a waiting area, providing natural light and strong re-leasing potential. Vacant and ready for immediate occupancy.</li></ul>
Sale Notes
Enjoy street-facing exposure from Suite 302, an office suite comprising four rooms and a waiting area. Recently vacated, the property previously achieved a gross rent of $19,813 per annum, highlighting its income potential. Located on a light-filled elevation in a reputable building, this suite appeals to buyers seeking both occupation flexibility and enduring location demand along Melbourne’s prominent commercial boulevard.</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 86,219 SF
Property Type Office
Building Class C
Floors 8
Typical Floor Size 10,775 SF
Lot Size 0.52 AC

Amenities

  • 24 Hour Access
  • Food Court
  • Wheelchair Accessible
  • Kitchen
  • Wi-Fi
  • Listing ID: 40626613

  • Date on Market: 5/22/2026

  • Last Updated:

  • Address: 566 St Kilda Rd, Melbourne, VIC 3004

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