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Highlights

  • Office building with a solar panel façade, elevating sustainability and ESG standards
  • Full-height windows delivering abundant natural light and inspiring city views.
  • Newly delivered premium fitouts designed for immediate occupation.
  • Best-in-class end-of-trip facilities including lockers, showers, and secure bike storage.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground
  • 1,087-2,605 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Shell Space
  • Now

Located in the heart of West Melbourne’s high-growth precinct, these brand-new ground-floor retail spaces (101–242 m²) offer a premium opportunity for café, food & beverage, or boutique retail operators. Set within an architecturally designed A-Grade commercial building, the tenancies benefit from prime visibility, a built-in customer base from 1,500 m² of office space above, and a thriving local residential community. The spaces are positioned to maximize exposure through dual access from both the street and the contemporary building lobby, enabling 7-day trading flexibility unmatched by traditional retail sites. High ceilings and modern finishes create the perfect platform for operators to deliver a standout customer experience. With provisions for 3-phase power, grease trap, and extraction systems, plus the landlord’s openness to a liquor licence, these tenancies provide the infrastructure needed for diverse hospitality concepts. Each retail frontage also overlooks landscaped parkland, adding to the destination appeal and presenting an excellent branding opportunity in a rapidly evolving city-fringe location.

  • Central Air Conditioning
  • Display Window
  • Landmark West Melbourne development
  • High ceilings, premium finishes, modern design
  • 7-day trading, scope for liquor licence
  • High Ceilings
  • Flexible retail tenancies from 101–242 m²
  • 3-phase power, grease trap, and extraction systems
  • Dual entry from street and lobby
Space Size Term Rental Rate Space Use Build-Out Available
Ground 1,087-2,605 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Shell Space Now

Ground

Size
1,087-2,605 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Shell Space
Available
Now

Ground

Size 1,087-2,605 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out Shell Space
Available Now

Located in the heart of West Melbourne’s high-growth precinct, these brand-new ground-floor retail spaces (101–242 m²) offer a premium opportunity for café, food & beverage, or boutique retail operators. Set within an architecturally designed A-Grade commercial building, the tenancies benefit from prime visibility, a built-in customer base from 1,500 m² of office space above, and a thriving local residential community. The spaces are positioned to maximize exposure through dual access from both the street and the contemporary building lobby, enabling 7-day trading flexibility unmatched by traditional retail sites. High ceilings and modern finishes create the perfect platform for operators to deliver a standout customer experience. With provisions for 3-phase power, grease trap, and extraction systems, plus the landlord’s openness to a liquor licence, these tenancies provide the infrastructure needed for diverse hospitality concepts. Each retail frontage also overlooks landscaped parkland, adding to the destination appeal and presenting an excellent branding opportunity in a rapidly evolving city-fringe location.

  • Central Air Conditioning
  • High Ceilings
  • Display Window
  • Flexible retail tenancies from 101–242 m²
  • Landmark West Melbourne development
  • 3-phase power, grease trap, and extraction systems
  • High ceilings, premium finishes, modern design
  • Dual entry from street and lobby
  • 7-day trading, scope for liquor licence

Property Facts

Building Type
Office
LoopNet Rating
4 Star
Building Height
8 Stories
Building Size
40,472 SF
Building Class
B
Typical Floor Size
4,962 SF

Property Overview

This premium-grade asset provides high-quality fitted spaces, designed with collaboration and productivity in mind. Tenancies feature expansive floor-to-ceiling windows for excellent natural light, contemporary fitouts, and advanced building systems that support SMART-enabled operations. Sustainability credentials are reinforced through cutting-edge environmental initiatives and a strong focus on occupant wellbeing. Tenants enjoy access to high-class end-of-trip facilities, a communal rooftop terrace with city views, and conferencing amenities, creating a modern, flexible working experience. The building also features a grand entry lobby, strong digital infrastructure, and superior connectivity to Melbourne’s CBD, CityLink, and the future West Gate Tunnel Project. Situated within walking distance of North Melbourne Station, the future Arden Station, Errol Street retail precinct, and Flagstaff Gardens, 550 Spencer Street is surrounded by amenity and public transport options.

  • Conferencing Facility
  • Kitchen
  • Reception
  • Bicycle Storage
  • Central Heating
  • Demised WC facilities
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Secure Storage
  • Shower Facilities
  • Air Conditioning

Nearby Major Retailers

Starbucks
Anytime Fitness
Five Guys
Crossfit
  • Listing ID: 40386512

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 550 Spencer St, Melbourne, VIC 3004

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