Lot 3, 617-643 Spencer Street, West Melbourne, VIC 3003

Offices | Retail | Showrooms

Sold

Sold

  • Property ID: 388900
  • Floor Area: 2371m²
  • Land Area: 1620m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Lot 3, 617-643 Spencer Street Sold N/A 2371m2 1620m2 Contact Agent
CITY FRINGE OPPORTUNITY - TWO LEVEL COMMERCIAL BUILDING

Vinci Carbone is pleased to offer Lot 3, 617-643 Spencer Street plus accessory units 20-26 (car parks), West Melbourne for Sale by Expressions of Interest.

The availability of this outstanding city fringe property represents an extremely rare opportunity for owner occupiers to secure a substantial two level commercial building of 2,371 sqm* on the doorstep of the CBD. Rarely do you find such a substantial opportunity with excellent access to the CBD, close to retail amenity such as the Errol Street retail strip and the Queen Victoria Market.

Key highlights:

Two level commercial building of 2,371 sqm*
61 metre* frontage to Spencer Street
Offered with vacant possession
On site parking for 12 cars
Rear access
Mixed Use Zoning
Ideal for owner occupiers
High profile city fringe location
Excellent access to the CBD and major arterial road networks

Rarely does a site of this size in such a highly sought after main road location become available for sale within close proximity to the CBD.

For Sale by Expressions of Interest closing Thursday 24 June 2021 at 4pm.

*approx

Additional Information
Features
  • Car Spaces: 12
West Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $392 ---
Retail $4218 --- ---
Industrial --- $128 ---
This is the average advertised price, rent and yield for West Melbourne, VIC 3003*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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