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Investment Highlights

  • Expansive Dryburgh Street frontage offering strong exposure to vehicle and pedestrian traffic.
  • Mixed Use Zoning allows flexibility for office, showroom, or select retail uses.
  • Secure undercover parking with additional car spaces available for lease.
  • Updated offices with natural light and integrated climate control.
  • Close to Arden Station, Errol Street dining precinct, and tram connectivity to Melbourne CBD.

Executive Summary

The property at 204-218 Dryburgh Street consists of commercial office and retail floors located within North Melbourne. It provides frontage on Dryburgh Street and connectivity to major transportation, including tram, bus, and train stations such as Arden Station. The surrounding area is characterized by commercial and mixed-use developments and is in proximity to Melbourne’s central business district. Transport access includes arterial links to key thoroughfares.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 204
  • 1,076 SF
  • Office
  • $683,051 CAD ($634.81 CAD/SF)
  • $24,570.19 CAD
Sale Type Investment
Cap Rate 3.60%
No. Parking Spaces 4
Description
This city fringe office/showroom offers approximately 100 square meters of ground-floor space with exceptional exposure along Dryburgh Street. The property features an expansive glass frontage of over 25 meters, allowing abundant natural light throughout the open-plan layout.

Modern updates provide a functional and adaptable environment, comprising both showroom and office configurations. The space is equipped with climate-controlled heating and cooling systems, supporting occupant comfort year-round. Provisions for exhaust and grease trap enhance its versatility for hospitality or specialty use, subject to zoning compliance.

Four secure undercover car spaces are included, an uncommon advantage in the North Melbourne precinct. The property benefits from Mixed Use Zoning, enabling a variety of potential applications, and enjoys close proximity to Melbourne’s CBD, strong transport connectivity, and nearby amenity hubs such as Errol Street and Arden Station.

The surrounding precinct houses numerous established businesses and has been earmarked under the Arden-Macaulay Structure Plan as a major future growth area, reinforcing the property’s long-term locational appeal.
Sale Notes
Dryburgh Office Suites at 204-218 Dryburgh Street offers modern, versatile office and showroom spaces in North Melbourne’s sought-after city fringe precinct. Ground floor suites provide expansive street exposure and abundant natural light, making them ideal for professional service firms or boutique retail users. The property is positioned for convenience with close access to Melbourne’s CBD, major arterial roads, and robust public transport options, including nearby train, tram, and bus stops.

The interiors feature climate control, provisions for exhaust and grease trap, and secure on-site parking options. Tenants benefit from Mixed Use Zoning (MUZ), providing flexibility for a variety of permitted uses. With strong connectivity and proximity to Errol Street eateries and Arden Station, this location blends accessibility, high visibility, and practicality.
Unit Unit Size Condo Use Price NOI
Unit 204 1,076 SF Office $683,051 CAD ($634.81 CAD/SF) $24,570.19 CAD

Unit 204

Unit Size
1,076 SF
Condo Use
Office
Price
$683,051 CAD ($634.81 CAD/SF)
NOI
$24,570.19 CAD

Unit 204

Unit Size 1,076 SF
Condo Use Office
Price $683,051 CAD ($634.81 CAD/SF)
NOI $24,570.19 CAD
Sale Type Investment
Cap Rate 3.60%
No. Parking Spaces 4
Description
This city fringe office/showroom offers approximately 100 square meters of ground-floor space with exceptional exposure along Dryburgh Street. The property features an expansive glass frontage of over 25 meters, allowing abundant natural light throughout the open-plan layout.<br> <br> Modern updates provide a functional and adaptable environment, comprising both showroom and office configurations. The space is equipped with climate-controlled heating and cooling systems, supporting occupant comfort year-round. Provisions for exhaust and grease trap enhance its versatility for hospitality or specialty use, subject to zoning compliance.<br> <br> Four secure undercover car spaces are included, an uncommon advantage in the North Melbourne precinct. The property benefits from Mixed Use Zoning, enabling a variety of potential applications, and enjoys close proximity to Melbourne’s CBD, strong transport connectivity, and nearby amenity hubs such as Errol Street and Arden Station.<br> <br> The surrounding precinct houses numerous established businesses and has been earmarked under the Arden-Macaulay Structure Plan as a major future growth area, reinforcing the property’s long-term locational appeal.</li></ul>
Sale Notes
Dryburgh Office Suites at 204-218 Dryburgh Street offers modern, versatile office and showroom spaces in North Melbourne’s sought-after city fringe precinct. Ground floor suites provide expansive street exposure and abundant natural light, making them ideal for professional service firms or boutique retail users. The property is positioned for convenience with close access to Melbourne’s CBD, major arterial roads, and robust public transport options, including nearby train, tram, and bus stops.<br> <br> The interiors feature climate control, provisions for exhaust and grease trap, and secure on-site parking options. Tenants benefit from Mixed Use Zoning (MUZ), providing flexibility for a variety of permitted uses. With strong connectivity and proximity to Errol Street eateries and Arden Station, this location blends accessibility, high visibility, and practicality.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 44,003 SF
Property Type
Office (Condo)
  • Flex Showroom
  • General Retail Storefront
Building Class B
Floors 4
Typical Floor Size 11,001 SF
Lot Size 0.25 AC
  • Listing ID: 40168852

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 204-218 Dryburgh Street, North Melbourne, VIC 3051

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