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Executive Summary

Step into an exceptional opportunity to acquire a charming two-storey Victorian terrace offering abundant potential within Melbourne’s vibrant CBD fringe. Ideally positioned just off William Street, this corner allotment property sits within a sought-after Mixed Use Zone, granting flexibility to explore residential, commercial, or combined purposes to suit your vision (STCA).
The property comprises five principal rooms arranged across two levels, complemented by off-street parking for two vehicles—an invaluable feature in a tightly held urban location. Bursting with period character and architectural elegance, the terrace offers scope for enhancement through thoughtful refurbishment, contemporary expansion, or even the addition of a rooftop garden (STCA).
Surrounded by Melbourne's premier lifestyle and business amenities, this address enjoys unparalleled accessibility: a short walk to Flagstaff Gardens, Flagstaff Station, Queen Victoria Market, Docklands, and Melbourne’s legal and financial precincts. With elite schools, universities, eclectic cafes, and dining destinations nearby, the property appeals equally to discerning owner-occupiers, boutique commercial firms, and investors seeking strong capital growth potential in a high-demand inner-city location.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,507 SF
Building Class
C
Percent Leased
Vacant
Building Height
2 Stories
Typical Floor Size
753 SF
Building FAR
1.25
Lot Size
0.03 AC

Amenities

  • Reception
  • Listing ID: 40487431

  • Date on Market: 2026-05-12

  • Last Updated:

  • Address: 23 Walsh St, West Melbourne, VIC 3003

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