221 Victoria Street, West Melbourne, VIC 3003

Offices | Retail


  • Property ID: 441181
  • Floor Area: 160m²
  • Land Area: 100m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 12/04/2024 160m2 100m2 Contact Agent
Prime City Fringe Freehold Office / Residential / Retail Building 180 m* from Queen Victoria Market

Stonebridge Property Group is pleased to present 221 Victoria Street, West Melbourne.

The key highlights of the opportunity include:

- A quality city fringe corner freehold building that represents the ultimate opportunity for an owner occupier to own vs lease or an astute investor to add to their portfolio

- 2-level 160 sqm* building featuring excellent office or retail space on the ground floor and residential accommodation on level 1, in a flexible Mixed Use Zone, providing scope for a variety of uses including residential, office, retail, hospitality, and creative spaces

- Office space ideal for the owner occupation of businesses including graphic designers, marketing agencies, architects, builders, developers, family offices, education, engineers and more

- Retail space ideal for the owner occupation of businesses including cafes, restaurants, bar, takeaway food, fashion, hairdressers, etc

- Highly functional internal building with no refurbishment needed, boasting high ceilings, natural light, level 1 balcony, kitchen and bathrooms on both ground floor and level 1

- Positioned to benefit from the amenity in North Melbourne’s renowned pocket - with Queen Victoria Market only 180 m* away, the market has over 600 stalls and is set to be redeveloped into a $1 billion-plus mixed-use development^

- Rear access via laneway providing for potential dual tenant occupancy

- Rare opportunity to secure a freehold building within 250 m* of the Melbourne CBD grid

- 200 m* from Victoria Street / Peel Street Tram 58, Tram 57, Bus 959 and only 800 m* from Melbourne Central Train Station

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Sarah Xi ???
0468 320 297

* Approximately

Property Code: 882

West Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7092 $251 3.54%
Industrial $2817 $275 9.77%
Offices $6403 $307 4.79%
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:

  • 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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