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Investment Highlights

  • Premium specifications including exposed brick, polished concrete, and skylights.
  • Directly opposite Aldi with strong surrounding amenity including Coles and key retailers.

Executive Summary

527-531 Spencer Street, West Melbourne delivers a rare opportunity to secure a fully refurbished, high-profile asset in one of Melbourne’s most dynamic inner-city locations. Set on 569 m² of land with 586 m² of building area, this stylish, showroom-style property combines original architectural elements—exposed brickwork and polished concrete floors—with contemporary finishes and advanced functionality.
Featuring extensive natural light, open-plan flexibility, and dual occupancy potential, the building is ideally suited for businesses requiring a premium presentation or for investors targeting strong tenant demand. The property includes a modern kitchen, male and female amenities, heating and cooling throughout, high-grade security, and automated Velux skylights for enhanced ventilation.
Practicality complements design with roller door access via Stanley Street, side lane access, onsite parking, and a commanding 14 m street frontage. Surrounded by major retailers such as Aldi (directly opposite), Coles, and Harley-Heaven, the property benefits from significant exposure and an expanding residential population base.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
6,308 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,125 SF
Building FAR
1.68
Lot Size
0.09 AC

Amenities

  • Signage
  • Accent Lighting
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Ground
  • 6,125 SF
  • Office
  • Full Build-Out
  • 60 Days

527-531 Spencer Street presents a fully refurbished commercial building offering a distinctive, naturally inspired workspace in the thriving West Melbourne precinct. Designed to enhance productivity and well-being, the interiors showcase exposed brick, polished concrete, and floor-to-ceiling windows that flood the space with natural light. Multiple functional areas, including dedicated offices, an open showroom, and a self-contained rear building, provide versatile accommodation for businesses across professional services, creative industries, and specialty sectors. The property delivers superior connectivity with swift access to Melbourne’s CBD, major freeways, and public transport links including North Melbourne Station just a short walk away. On-site car parking supplements abundant street parking, and nearby lifestyle amenities include premium cafés, restaurants, and retail outlets, offering excellent convenience for staff and clients alike. Strengthened by secure building systems, high-speed gigabit internet, and flexible zoning options, this address supports a wide range of operational needs from offices and consulting rooms to hybrid workspaces and retail concepts.

  • Ground
  • 6,308 SF
  • Office
  • Full Build-Out
  • Now

Set within Melbourne’s most vibrant growth precinct, this striking commercial property on Spencer Street offers tenants an exceptional space combining architectural originality with modern efficiency. Featuring exposed brickwork, polished concrete floors, and abundant natural light through automated Velux skylights, the interiors present a statement environment suitable for showrooms, creative studios, open-plan offices, or bespoke retail concepts. The extensive floor plate spans approximately 586 square meters on a 569 square meter site, thoughtfully upgraded for business operations. Amenities include a sleek modern kitchen, male and female bathrooms, heating and cooling throughout, and robust security measures. Roller door entry via Stanley Street, lane access along the northern boundary, and off-street parking deliver operational convenience for occupiers. This address enjoys premier connectivity: less than 1 km to Melbourne’s CBD, 650 m to North Melbourne Station, and walking proximity to trams and buses for seamless access across the metro area. For drivers, CityLink is 1.3 km away, while the West Gate Freeway sits approximately 2 km from the site. Surrounding amenities include ALDI opposite the property and prominent retailers like Coles and Harley-Heaven nearby. Located within the Arden Precinct urban renewal corridor, tenants will also benefit from a dynamic local business ecosystem and rising demographic trends.

Space Size Space Use Build-Out Available
Ground 6,125 SF Office Full Build-Out 60 Days
Ground 6,308 SF Office Full Build-Out Now

Ground

Size
6,125 SF
Space Use
Office
Build-Out
Full Build-Out
Available
60 Days

Ground

Size
6,308 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Ground

Size 6,125 SF
Space Use Office
Build-Out Full Build-Out
Available 60 Days

527-531 Spencer Street presents a fully refurbished commercial building offering a distinctive, naturally inspired workspace in the thriving West Melbourne precinct. Designed to enhance productivity and well-being, the interiors showcase exposed brick, polished concrete, and floor-to-ceiling windows that flood the space with natural light. Multiple functional areas, including dedicated offices, an open showroom, and a self-contained rear building, provide versatile accommodation for businesses across professional services, creative industries, and specialty sectors. The property delivers superior connectivity with swift access to Melbourne’s CBD, major freeways, and public transport links including North Melbourne Station just a short walk away. On-site car parking supplements abundant street parking, and nearby lifestyle amenities include premium cafés, restaurants, and retail outlets, offering excellent convenience for staff and clients alike. Strengthened by secure building systems, high-speed gigabit internet, and flexible zoning options, this address supports a wide range of operational needs from offices and consulting rooms to hybrid workspaces and retail concepts.

Ground

Size 6,308 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Set within Melbourne’s most vibrant growth precinct, this striking commercial property on Spencer Street offers tenants an exceptional space combining architectural originality with modern efficiency. Featuring exposed brickwork, polished concrete floors, and abundant natural light through automated Velux skylights, the interiors present a statement environment suitable for showrooms, creative studios, open-plan offices, or bespoke retail concepts. The extensive floor plate spans approximately 586 square meters on a 569 square meter site, thoughtfully upgraded for business operations. Amenities include a sleek modern kitchen, male and female bathrooms, heating and cooling throughout, and robust security measures. Roller door entry via Stanley Street, lane access along the northern boundary, and off-street parking deliver operational convenience for occupiers. This address enjoys premier connectivity: less than 1 km to Melbourne’s CBD, 650 m to North Melbourne Station, and walking proximity to trams and buses for seamless access across the metro area. For drivers, CityLink is 1.3 km away, while the West Gate Freeway sits approximately 2 km from the site. Surrounding amenities include ALDI opposite the property and prominent retailers like Coles and Harley-Heaven nearby. Located within the Arden Precinct urban renewal corridor, tenants will also benefit from a dynamic local business ecosystem and rising demographic trends.

  • Listing ID: 40311760

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 527-531 Spencer St, West Melbourne, VIC 3003

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