GO2 & GO3, 512-544 Spencer Street, West Melbourne, VIC 3003

Retail | Showrooms | Offices

For Sale Contact Agent

  • Property ID: 450046
  • Floor Area: 195m² - 245m²
  • Occupancy: Vacant
Components

Name Naber's Floor Land Price Rental (p.a.)
GO2 N/A 195m2 N/A Contact Agent Contact Agent
GO3 N/A 245m2 N/A Contact Agent Contact Agent
DEVELOPERS REALISTATION SALE

Vinci Carbone and Real Properties are pleased to offer for sale two highly exposed ground level commercial opportunities located on one of Melbourne’s busiest city fringe roads, Spencer Street West Melbourne.

These two highly exposed ground level properties are ideally situated next door to Aldi at the bottom of the Marker, a 195-luxury apartment mixed use development.

The two areas offer many key features such as significant glass frontage to Spencer Street and a high clearance and adaptable open floor plate suitable for a wide range of future occupiers.

GO2 and GO3 Spencer Street will suit many purposes such as showroom, retail, medical, hospitality and other uses (STCA).


Key highlights:

+ Improvements: Two individually titled highly exposed commercial spaces with areas of 195 sqm* and 245 sqm*.

+ Opportunity: Offered with vacant possession, suiting owner occupiers and/or investors.

+ Wide frontage: Ideally proportioned floor plates and significant glass frontage to Spencer Street.

+ Highly sought after location: The area endorsed by several high profile local occupiers including Harley Davidson, Audi Melbourne, Burson Auto Parts and Krost Furniture.

+ Excellent Amenities: Convenient access to amenities including buses operating along Spencer Street, tram services (8 min* walk) and North Melbourne Train Station (11 min* walk).

Exclusive Selling Agents:

VINCI CARBONE
Zach Molinaro - 0488 300 575
Frank Vinci - 0418 375 375

REAL PROPERTIES
Joe Catanese - 0418 367 514
Adriana Alducci - 0409 806 157


*approx.

West Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4408 $293 6.64%
Offices $5796 $363 6.27%
Retail $6069 $252 4.15%
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 Retail 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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