88 Miller Street, West Melbourne, VIC 3003

Offices | Industrial | Showrooms

Sold

  • Property ID: 446972
  • Floor Area: 335m²
  • Land Area: 311m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 11/10/2024 335m2 311m2 Contact Agent
COMMANDING WEST MELBOURNE TRIPLE STREET FRONTAGE HEADQUARTERS THAT TICKS ALL THE BOXES FOR AN OWNER-OCCUPIER

Stonebridge Property Group is pleased to present for sale 88 Miller Street, West Melbourne – a West Melbourne owner-occupier walk-in opportunity boasting 335 sqm* single level high-profile building PLUS additional 4 secure car parks.

The key highlights of the opportunity include:

- Triple street-fronted building in the heart of West Melbourne with unrivalled hospitality, retail and public transport amenities

- Positioned on the edge of the CBD grid, just 980 m* from the globally recognised Queen Victoria Market (that enjoys 10,000,000* + visitors annually)

- Favourable Mixed-Use Zoning and triple street frontage provides scope for future iconic development (STCA)

- Highly versatile building with 3 street-fronting access points and roller door for side/rear loading

- Office space ideal for the Owner Occupier of businesses including Graphic Designers, Marketing Agencies, Architects, Builders, Developers, Sound Studio, Family Offices, Engineers and more

- Set to benefit from major surrounding infrastructure projects, notably the $1.7 billion* Queen Victoria Market upgrade expected to deliver 4,000* new jobs and 20,000* new residents – an exciting driver of retail trade for local business

- The City of Melbourne estimates the new Arden Precinct revival will increase the area’s capacity to 15,000 residents and 34,000 jobs over the next 30 years

- Highly central location nearby University of Melbourne (1.4 km*), Royal Melbourne Hospital (1.25 km*) and the Queen Victoria Market (980 m*)

- Ample on street car parking for potential staff and clients with 4 hours, 2 hours and 1 hour free directly outside the property

- Holding income to DAAC until April 2025 allowing for ample lead in time for an Owner Occupier

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

Chao Zhang ??
0411 625 068

*Approximately

Property Code: 1013

West Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6196 $252 4.07%
Offices $5817 $341 5.86%
Industrial $4408 $286 6.48%
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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