527-531 Spencer St, West Melbourne, VIC 3003

Offices | Retail | Showrooms

For Sale Contact Agent

  • Property ID: 432773
  • Floor Area: 586m²
  • Land Area: 569m²
  • Occupancy: Vacant
Prominent West Melbourne Offices With Character

NSL Property Group along with CVA Property Group and DGI Properties is pleased to present 527-531 Spencer Street West Melbourne for Sale via an Auction held on Wednesday the 21st of August at 12:00PM

This inner west office warehouse sits within a premier commercial precinct and is ripe for further upside (STCA).

Positioned in an established and exclusive precinct of Docklands close to Footscray Rd/the Citylink Interchange and Docklands Highway, the site offers flexible Comprehensive Special Use Zoning.

Key Features include:

· Total Land Area: 569sqm

· Total Building Area: 586sqm

· Side roller door access from Stanley Street

· Corporate Offices over 2 floors

· Drive through capabilities

· Off-street vehicle parking

· Occupy, Invest or Develop (STCA)

· Available Now

For further information on this asset or to discuss your West Melbourne property requirements contact NSL Property Group:

Guy Naselli 0413750744

Property Code: 38

West Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7380 $252 3.42%
Industrial $5725 $286 4.99%
Offices $6970 $341 4.89%
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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×