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87 Gladstone St 559 - 1,280 SF Condo Units Offered at $199,512 - $489,712 Per Unit in SOUTH MELBOURNE, VIC 3205
Investment Highlights
- Four-level office building with modern design and polished concrete floors.
- Offers uninterrupted views of Melbourne’s CBD skyline.
- Approximately 2,304 m² of building area on a 3,560 m² landholding.
- Equipped with lift access to all levels for convenience and accessibility.
- Includes an on-site café to enhance tenant amenity.
- Located in South Melbourne’s thriving commercial and mixed-use precinct.
Executive Summary
87 Gladstone Street is a four-level commercial office building located in South Melbourne within the City of Port Phillip. The property offers approximately 2,304 m² of building area on a 3,560 m² site. It features polished concrete floors, modern lift access to all levels, and uninterrupted views of the Melbourne CBD. The building includes an on-site café, providing convenience for tenants and visitors, and is designed to deliver a contemporary workspace environment. Positioned in a high-demand inner-city precinct, the property benefits from excellent connectivity to Melbourne’s CBD, major arterials including CityLink and the West Gate Freeway, and multiple public transport options. The surrounding area is characterized by a mix of commercial offices, residential developments, and lifestyle amenities, reinforcing its appeal for businesses seeking a premium city-fringe location.
7 Units Available
Unit G02
| Unit Size | 818 SF | Sale Type | Investment |
| Condo Use | Office/Retail | No. Parking Spaces | 1 |
| Unit Size | 818 SF |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
Description
Shop G02 at 87 Gladstone Street delivers a rare opportunity to acquire a contemporary ground-floor office/retail space in South Melbourne’s thriving commercial precinct. Spanning approximately 76 sqm*, the property features a light-filled, open-plan layout complemented by modern fixtures, climate control, and secure parking.
This well-presented suite is part of a premium development offering exclusive amenities, including access to on-site gym facilities, ensuring an attractive environment for occupiers and visitors alike. Combining immediate functionality with prime positioning close to Melbourne CBD, the property stands out as an ideal choice for buyers seeking long-term investment security in a dynamic inner-city market.
Sale Notes
An exceptional investment opportunity situated in one of Melbourne’s most vibrant commercial locations. Shop G02, 87 Gladstone Street, comprises a stylish ground-floor office/retail tenancy of approximately 76 sqm*, offered with a brand-new three-year lease in place—providing instant rental income and strong future upside.
The property boasts an open-plan design enhanced by abundant natural light, modern amenities, and heating and cooling systems for year-round comfort. Additional benefits include a secure on-site car space and access to gym facilities within the complex, elevating its appeal for high-value tenants.
Perfectly located in South Melbourne’s sought-after business hub, moments from cafés, transport links, and the Melbourne CBD, this asset presents an outstanding opportunity for investors desiring a secure, premium-positioned commercial investment with strong growth potential.
Ground Floor Open Plan Space
High Ceilings
Open Plan Space
Kitchenette
Floor Plan
Unit 2.21
| Unit Size | 914 SF | Sale Type | Investment or Owner User |
| Condo Use | Office | No. Parking Spaces | 1 |
| Unit Size | 914 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 1 |
Description
Suite 221 at 87 Gladstone Street offers approximately 85 m² of stylish, warehouse-inspired office space within the vibrant Industry Business Hub in South Melbourne’s Montague Precinct. This modern suite combines functionality with creative design, featuring polished concrete floors, abundant natural light, and a contemporary aesthetic throughout.
The property is fully self-contained, including a private toilet, shower, and kitchenette, providing convenience and privacy for occupants. Additional features include split-system heating and cooling, one secure undercover car space, and access to premium shared amenities such as an on-site café and gym facilities. Positioned less than two kilometers from Melbourne’s CBD, this location offers excellent connectivity and lifestyle appeal.
Sale Notes
An outstanding opportunity to secure a rare, fully self-contained office in one of South Melbourne’s most tightly held commercial hubs. Suite 221 at 87 Gladstone Street offers approximately 85 m² of modern, warehouse-style space designed for businesses seeking a creative and functional environment.
The suite features polished concrete floors, abundant natural light, and a private kitchenette, toilet, and shower, ensuring comfort and convenience. Additional benefits include split-system heating and cooling, one secure undercover car space, and access to on-site amenities such as a café and gym.
Located within the thriving Montague Precinct, the property is less than two kilometers from Melbourne’s CBD and offers excellent connectivity to major arterials and public transport. Surrounded by cafés, retail, and lifestyle amenities, this is a rare chance to secure a premium office in a high-demand city-fringe location.
+4 More
Suite 2.21 Entry
Suite 2.21 Floor Plan
Suite 2.21 Entry
Creative Office Space
Exposed Ceilings
Polished Concrete Floors
Creative Office Space
Creative Office Space
Kitchenette
Unit 2.22
| Unit Size | 850 SF | Sale Type | Investment or Owner User |
| Condo Use | Office |
| Unit Size | 850 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Description
Suite 222 at 87 Gladstone Street offers approximately 79 m² of boutique office space on the second floor of the renowned Industry Business Hub in South Melbourne. This light-filled suite provides an open-plan layout with ample storage and a modern aesthetic, making it ideal for small businesses and creative professionals seeking a functional and inspiring workspace.
The property includes one secure on-site car park and is zoned Commercial 1, offering flexibility for a range of business uses. Located within the vibrant Montague Precinct, the building features shared amenities and is surrounded by cafés, retail, and lifestyle options, all within close proximity to Melbourne’s CBD and major transport links.
Sale Notes
An excellent opportunity to secure a boutique office in one of South Melbourne’s most tightly held commercial hubs. Suite 222 at 87 Gladstone Street offers approximately 79 m² of functional office space, positioned on the second floor of a modern business complex.
The suite features an open-plan layout with generous storage and a contemporary feel, providing a versatile environment for small businesses and creative operators. Additional benefits include one secure on-site car park and Commercial 1 zoning, ensuring flexibility for a variety of uses.
Located in the heart of the Montague Precinct, the property offers outstanding connectivity to Melbourne’s CBD, major arterials, and public transport, with cafés and lifestyle amenities just moments away. Available for both sale and lease, this is a rare chance to secure a well-positioned office in a high-demand city-fringe location.
+2 More
Suite 2.22 Entry
Creative Open Plan Workspace
Creative Open Plan Workspace
Creative Open Plan Workspace
Creative Open Plan Workspace
Shared Kitchenette
Shared Kitchenette
Unit 2.23
| Unit Size | 559 SF | Condo Use | Office |
| Price | $199,512 | Sale Type | Investment or Owner User |
| Price Per SF | $356.91 | No. Parking Spaces | 1 |
| Unit Size | 559 SF |
| Price | $199,512 |
| Price Per SF | $356.91 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 1 |
Description
This New York-inspired office offers approximately 52 m² of premium workspace within the highly regarded Industry Business Hub in South Melbourne. Designed with a sleek, creative fit-out, the space provides flexibility for workstations, podcasting, or studio use, complemented by full carpeting and abundant natural light.
The property includes reverse-cycle air conditioning, secure car parking, and access to an on-site café. The building is fully accessible with lift access and shared amenities, ensuring convenience for all occupants. Positioned on the fringe of Melbourne’s CBD, the office enjoys uninterrupted skyline views and proximity to major arterials, public transport, and vibrant cafés and retail offerings.
Sale Notes
An exceptional opportunity to secure a stylish, New York-inspired office in one of Melbourne’s most dynamic commercial precincts. Offered via Private Sale with vacant possession, this 52 m² workspace is ready for immediate occupation and ideally suited to creative professionals, boutique firms, or investors seeking a high-quality asset.
The office features a flexible layout for workstations, podcasting, or studio use, complemented by a high-quality fit-out and breathtaking CBD views. Additional benefits include reverse-cycle air conditioning, secure car parking, and access to an on-site café. The building provides full accessibility with lifts and shared amenities, creating a modern and inclusive work environment.
Located in the heart of South Melbourne, the property offers seamless connectivity to the CBD, CityLink, and public transport, with cafés, retail, and lifestyle amenities at your doorstep. This is a rare chance to acquire a premium creative office in a tightly held city-fringe location.
+2 More
Suite 2.23 Entry
Suite 2.23 Floor Plan
Reception
Exposed Ceilings
Open Plan Office Space
Open Plan Office Space
Open Plan Office Space
Unit 3.04
| Unit Size | 1,280 SF | Condo Use | Office |
| Price | $489,712 | Sale Type | Investment or Owner User |
| Price Per SF | $382.59 | No. Parking Spaces | 1 |
| Unit Size | 1,280 SF |
| Price | $489,712 |
| Price Per SF | $382.59 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 1 |
Description
Suite 304 at 87 Gladstone Street offers approximately 119 m² of premium office space within the Industry Business Hub in South Melbourne. Positioned on the third level, this studio-style office features a functional layout with an existing fit-out, including a soundproof meeting room, workstations for up to eight people, and a full kitchen with breakout space.
The property combines polished concrete and carpeted finishes, complemented by abundant natural light and uninterrupted views of the Melbourne CBD. Additional features include a private bathroom, reverse-cycle industrial air conditioning, secure car parking, and access to an on-site café. The building is fully accessible with lift access and shared amenities, creating a professional yet creative environment ideal for a range of commercial users.
Sale Notes
An outstanding opportunity to secure a premium office in one of Melbourne’s most dynamic commercial hubs. Suite 304 at 87 Gladstone Street offers approximately 119 m² of high-quality space within the sought-after Industry Business Hub, designed to meet the needs of modern businesses.
The office includes a soundproof meeting room, workstations for up to eight people, a full kitchen and breakout area, and a private bathroom. Polished concrete floors, abundant natural light, and sweeping CBD views create an inspiring work environment. Additional benefits include secure car parking, reverse-cycle air conditioning, and access to an on-site café.
Located in the heart of South Melbourne, the property provides excellent connectivity to the CBD, CityLink, and major arterials, with leading cafés and retail amenities nearby. This is a rare opportunity for owner-occupiers or investors to acquire a versatile, ready-to-occupy office in a tightly held city-fringe location.
+3 More
Suite Entry
Floor Plan
Open Plan Workspace
Exposed Ceilings
Open Plan Workspace
Open Plan Workspace
Partitioned Office
Meals/Kitchen
Unit 3.06
| Unit Size | 688 SF | Sale Type | Investment or Owner User |
| Condo Use | Office | No. Parking Spaces | 1 |
| Unit Size | 688 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 1 |
Description
Suite 306 at 87 Gladstone Street offers approximately 64 m² of light-filled office space on the top floor of the renowned Industry Business Hub in South Melbourne. This boutique office provides a functional open-plan layout with excellent natural light and a modern aesthetic, making it ideal for small businesses and creative professionals.
The property includes one secure on-site car park and is zoned Commercial 1, offering flexibility for a range of business uses. Positioned within a thriving commercial precinct, the suite benefits from easy access to Melbourne’s CBD, major arterials, and public transport, as well as nearby cafés and lifestyle amenities.
Sale Notes
An affordable opportunity to secure a boutique office in one of South Melbourne’s most sought-after locations. Suite 306 at 87 Gladstone Street offers approximately 64 m² of top-floor space designed to accommodate small businesses and creative operators.
The office features an open-plan layout with excellent natural light, providing a bright and inspiring work environment. Additional benefits include one secure on-site car park and Commercial 1 zoning, ensuring flexibility for a variety of business uses.
Located within the vibrant Montague Precinct, the property offers outstanding connectivity to Melbourne’s CBD, CityLink, and major arterials, with public transport and local amenities just moments away. This is a rare chance to secure a functional and well-positioned office in a tightly held city-fringe market.
Suite 3.06 Entry
Creative Style Fit-Out
Creative Style Fit-Out
High Exposed Ceilings, Polished Concrete Floors
High Exposed Ceilings, Polished Concrete Floors
Unit 3.23
| Unit Size | 559 SF | Sale Type | Investment or Owner User |
| Condo Use | Office | No. Parking Spaces | 1 |
| Unit Size | 559 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 1 |
Description
Suite 323 at 87 Gladstone Street offers approximately 52 m² of stylish, light-filled office space within the renowned Industry Business Hub in South Melbourne. This modern studio features a polished concrete floor, reverse-cycle air conditioning, and a flexible open-plan layout suitable for workstations, podcasting, or creative studio use.
The property includes a secure car park and access to premium shared amenities, including a full kitchen and breakout space, an on-site café, and fully accessible facilities with lift access. Positioned in a highly connected location, the office provides an ideal environment for businesses seeking a contemporary workspace on the fringe of Melbourne’s CBD.
Sale Notes
An outstanding opportunity to secure a modern studio office in one of South Melbourne’s most sought-after commercial hubs. Suite 323 at 87 Gladstone Street offers approximately 52 m² of functional space, featuring a polished concrete floor, reverse-cycle air conditioning, and abundant natural light.
The property is complemented by a secure car park, access to a full kitchen and breakout area, and an on-site café, creating a convenient and vibrant work environment. Fully accessible with lift access and shared amenities, this office is ideal for owner-occupiers or investors seeking a high-quality, low-maintenance asset.
Located within the Industry Business Hub, the property enjoys excellent connectivity to Melbourne’s CBD, CityLink, and major arterials, with cafés, retail, and lifestyle amenities nearby. This is a rare chance to acquire a premium studio office in a tightly held city-fringe location.
Suite 3.23 Floor Plan
Suite 3.23 Entry
Polished Concrete Floors and Exposed Ceilings
Polished Concrete Floors and Exposed Ceilings
Polished Concrete Floors and Exposed Ceilings
Property Facts
| Total Building Size | 85,562 SF | Floors | 4 |
| Property Type | Office | Typical Floor Size | 21,388 SF |
| Building Class | C | Year Built | 2012 |
| Total Building Size | 85,562 SF |
| Property Type | Office |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 21,388 SF |
| Year Built | 2012 |
Amenities
- Fitness Center
- Restaurant
- Wheelchair Accessible
- Kitchen
- Common Parts WC Facilities
- Demised WC facilities
- Fully Carpeted
- Direct Elevator Exposure
- Natural Light
- Air Conditioning
Presented by
87 Gladstone St
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