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512-544 Spencer St - The Marker 2,637 SF Office/Retail Condo Unit in West Melbourne, VIC 3003
Investment Highlights
- Prominent mixed-use address located at the edge of Melbourne’s CBD
- Surrounded by dense residential catchments and an expanding high-rise pipeline within West Melbourne
- Onsite car parking complemented by immediate access to major transport networks, including Southern Cross Station and regional tram/bus connections
Executive Summary
512-544 Spencer Street is a landmark mixed-use development in West Melbourne, designed to provide a seamless integration of residential living with high-quality commercial space. The building occupies a prominent Spencer Street frontage in a precinct recognized as a strategic growth corridor, benefiting from strong transport connectivity, superior lifestyle amenities, and ongoing infrastructure upgrades. The development features contemporary design principles, accessible floorplates, and sustainable building credentials, aligning with demand for adaptable workplaces in vibrant urban communities. It offers ground-floor tenancies ideally configured for office, retail, and medical uses, supported by onsite parking and strong co-tenancy advantages. Positioned just minutes from Melbourne’s CBD and Docklands, the property caters to a diverse commercial and residential audience driving consistent foot traffic and future-proofing asset performance.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | CM2\PS810961 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | CM2\PS810961 |
Description
Suite GO3 occupies a prime ground-floor position within a modern mixed-use development, strategically located on Spencer Street at the cusp of Melbourne’s CBD. Offering approximately 245 sqm of highly versatile space with prominent street frontage, this suite is designed to accommodate a spectrum of commercial uses including office, medical, hospitality, showroom, or specialty retail (STCA).
The property features secure access, excellent natural light, and two dedicated car spaces, enhancing operational convenience for staff and clients. Its adaptable open-plan layout provides flexibility for custom fit-outs, while its position adjoining a major national retailer (ALDI) ensures consistent pedestrian and vehicular exposure. Positioned in a high-growth precinct undergoing sustained residential and commercial development, Suite GO3 combines location strength with exceptional branding opportunities in an established mixed-use community environment.
The property features secure access, excellent natural light, and two dedicated car spaces, enhancing operational convenience for staff and clients. Its adaptable open-plan layout provides flexibility for custom fit-outs, while its position adjoining a major national retailer (ALDI) ensures consistent pedestrian and vehicular exposure. Positioned in a high-growth precinct undergoing sustained residential and commercial development, Suite GO3 combines location strength with exceptional branding opportunities in an established mixed-use community environment.
Sale Notes
Suite GO3 presents a compelling opportunity for owner-occupiers or astute investors seeking prime frontage and operational adaptability in a rapidly evolving city-fringe locale. This property’s wide applicability across medical, hospitality, and professional services sectors reflects current market dynamics favoring integrated community-oriented commercial programs.
The suite’s connectivity credentials are exceptional—located within walking distance of Southern Cross Station, major tram routes, and key arterials—delivering operational efficiencies and significant customer convenience. With Melbourne CBD, Docklands, and North Melbourne within immediate reach, Suite GO3 offers immediate usability and strong long-term value as part of West Melbourne’s transformation into a dynamic mixed-use ecosystem.
The suite’s connectivity credentials are exceptional—located within walking distance of Southern Cross Station, major tram routes, and key arterials—delivering operational efficiencies and significant customer convenience. With Melbourne CBD, Docklands, and North Melbourne within immediate reach, Suite GO3 offers immediate usability and strong long-term value as part of West Melbourne’s transformation into a dynamic mixed-use ecosystem.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit GO3 | 2,637 SF | Office/Retail | Upon Request | - |
Unit GO3
| Unit Size |
| 2,637 SF |
| Condo Use |
| Office/Retail |
| Price |
| Upon Request |
| NOI |
| - |
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Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
Unit GO3
| Unit Size | 2,637 SF |
| Condo Use | Office/Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | CM2\PS810961 |
| Description | |
| Suite GO3 occupies a prime ground-floor position within a modern mixed-use development, strategically located on Spencer Street at the cusp of Melbourne’s CBD. Offering approximately 245 sqm of highly versatile space with prominent street frontage, this suite is designed to accommodate a spectrum of commercial uses including office, medical, hospitality, showroom, or specialty retail (STCA).<br> The property features secure access, excellent natural light, and two dedicated car spaces, enhancing operational convenience for staff and clients. Its adaptable open-plan layout provides flexibility for custom fit-outs, while its position adjoining a major national retailer (ALDI) ensures consistent pedestrian and vehicular exposure. Positioned in a high-growth precinct undergoing sustained residential and commercial development, Suite GO3 combines location strength with exceptional branding opportunities in an established mixed-use community environment.</li></ul> | |
| Sale Notes | |
| Suite GO3 presents a compelling opportunity for owner-occupiers or astute investors seeking prime frontage and operational adaptability in a rapidly evolving city-fringe locale. This property’s wide applicability across medical, hospitality, and professional services sectors reflects current market dynamics favoring integrated community-oriented commercial programs.<br> The suite’s connectivity credentials are exceptional—located within walking distance of Southern Cross Station, major tram routes, and key arterials—delivering operational efficiencies and significant customer convenience. With Melbourne CBD, Docklands, and North Melbourne within immediate reach, Suite GO3 offers immediate usability and strong long-term value as part of West Melbourne’s transformation into a dynamic mixed-use ecosystem.</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 | 197,001 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 24,625 SF |
| Property Subtype | Apartment | Year Built | 2022 |
| Building Class | A | Lot Size | 1.05 AC |
| Total Building Size | 197,001 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 8 |
| Typical Floor Size | 24,625 SF |
| Year Built | 2022 |
| Lot Size | 1.05 AC |
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1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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512-544 Spencer St - The Marker
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