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Investment Highlights

  • Located on Smith Street, a prominent retail and hospitality strip in Fitzroy.
  • Heritage overlay in place, contributing to the character of the precinct.
  • Excellent access to public transport, including tram and bus services.
  • Zoned Commercial 1 (C1Z), allowing for a variety of commercial uses.
  • Positioned within a vibrant mixed-use environment with strong foot traffic.

Executive Summary

383 Smith Street is a commercial property located in the heart of Fitzroy, within the City of Yarra. The property occupies a land area of approximately 293 m² and is subject to a heritage overlay (HO333). It is currently zoned Commercial 1 (C1Z), supporting a range of commercial uses. The building includes upper-level office accommodation and features an industrial-style character consistent with the surrounding Smith Street precinct. The property is positioned along Smith Street, a major retail and hospitality corridor in Melbourne’s inner north, known for its mix of boutique retail, dining, and creative businesses. The location offers excellent public transport connectivity, with tram services along Smith Street and nearby bus routes, as well as proximity to Victoria Park Railway Station. The surrounding area is a high-amenity environment with strong pedestrian activity and a mix of commercial and residential uses.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 3,067 SF
  • Office
  • Upon Request
  • -
Sale Type Investment or Owner User
Description
Level 1 at 383 Smith Street offers approximately 285 m² of creative office space in the heart of Fitzroy. Positioned within an iconic Smith Street building, the property features a raw industrial aesthetic complemented by large windows that provide abundant natural light and direct views over the vibrant streetscape. The existing fit-out includes meeting rooms, open-plan work areas, a kitchen, breakout facilities, and end-of-trip shower amenities, creating a functional and appealing workspace. Zoned Commercial 1 (C1Z), the property supports a range of commercial uses and is surrounded by Fitzroy’s renowned cafés, restaurants, and retail amenity. Excellent public transport options are available via nearby tram and bus services, with on-street parking in the immediate vicinity.
Sale Notes
Lemon Baxter presents an outstanding opportunity to secure a 285 m² first-floor creative office in one of Melbourne’s most dynamic inner-city locations. Located at 383 Smith Street, Fitzroy, this property combines industrial character with a highly functional layout, including meeting rooms, open-plan areas, kitchen facilities, and end-of-trip amenities.

Zoned Commercial 1 (C1Z), the property offers flexibility for a variety of commercial uses. Large windows provide natural light and outlooks over Smith Street, enhancing the appeal for creative and professional occupiers. Surrounded by Fitzroy’s vibrant café, dining, and retail scene, and supported by excellent tram and bus connectivity, this is a rare chance to secure a premium office in a tightly held precinct.
Unit Unit Size Condo Use Price NOI
- 3,067 SF Office Upon Request -

-

Unit Size
3,067 SF
Condo Use
Office
Price
Upon Request
NOI
-

-

Unit Size 3,067 SF
Condo Use Office
Price Upon Request
NOI -
Sale Type Investment or Owner User
Description
Level 1 at 383 Smith Street offers approximately 285 m&#178; of creative office space in the heart of Fitzroy. Positioned within an iconic Smith Street building, the property features a raw industrial aesthetic complemented by large windows that provide abundant natural light and direct views over the vibrant streetscape. The existing fit-out includes meeting rooms, open-plan work areas, a kitchen, breakout facilities, and end-of-trip shower amenities, creating a functional and appealing workspace. Zoned Commercial 1 (C1Z), the property supports a range of commercial uses and is surrounded by Fitzroy’s renowned caf&#233;s, restaurants, and retail amenity. Excellent public transport options are available via nearby tram and bus services, with on-street parking in the immediate vicinity.</li></ul>
Sale Notes
Lemon Baxter presents an outstanding opportunity to secure a 285 m&#178; first-floor creative office in one of Melbourne’s most dynamic inner-city locations. Located at 383 Smith Street, Fitzroy, this property combines industrial character with a highly functional layout, including meeting rooms, open-plan areas, kitchen facilities, and end-of-trip amenities.<br> <br> Zoned Commercial 1 (C1Z), the property offers flexibility for a variety of commercial uses. Large windows provide natural light and outlooks over Smith Street, enhancing the appeal for creative and professional occupiers. Surrounded by Fitzroy’s vibrant caf&#233;, dining, and retail scene, and supported by excellent tram and bus connectivity, this is a rare chance to secure a premium office in a tightly held precinct.</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 7,986 SF
Property Type Office (Condo)
Property Subtype Loft/Creative Space
Building Class C
Floors 3
Typical Floor Size 3,068 SF

Amenities

  • Kitchen
  • Reception
  • High Ceilings
  • Natural Light
  • Shower Facilities
  • Air Conditioning
  • Listing ID: 40099352

  • Date on Market: 2026-04-10

  • Last Updated:

  • Address: 381 Smith St, Fitzroy North, VIC 3065

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