535 Spencer Street,
West Melbourne, VIC 3003

Showrooms & Large Format Retail • Shops & Retail

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LICENSED RETAIL SHOWROOM with SUBSTANTIAL DEVELOPMENT UPSIDE (STCA) - MIXED USE ZONE

West Melbourne is Evolving!! There Are a Number of Mixed Use Development Sites Being Planned & Developed Presently. Prices Are Not Yet Reflective of This... They Are Reflective of the Full Potential This Exciting New CBD Precinct Has to Offer. Buy During the Evolution - Prior to the Increase In Prices. Flagstaff Gardens, Southern Cross Station, Etihad Stadium, Queen Victoria Market, the Docklands & Melbourne's CBD are all at Your Doorstep.

Our Office Was Instrumental in the Development Process of 420 Spencer Street - Melbourne's New Landmark Building. Fender Katsalidis Design @ 32 Storeys High. That Site Started the West Melbourne Evolution. 535 - 539 Spencer Street is Within Immediate Proximity & Set to Capitalise On It.

535 Spencer Street is a Fully Licensed (Liquor), Prime Position, Double Fronted Retail Showroom with Charm & Character - Timber Trusses, Concrete Floors. Great Potential to Renovate as an Owner Occupier Creating a Unique and Desirable Retail Showroom.

Buy and Develop Today... Buy, Occupy and Develop Tomorrow... Buy and Land Bank - Let the West Melbourne Evolution Do The Work For You.

Sold with Vacant Possession. 556sqm* . For Sale @ $2,100,000 + gst

*Approx.

West Melbourne, 3003 demographic data

The median household income for West Melbourne is $1,788, 6% lower than Greater Melbourne's household income of $1,901. West Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 31 vs 37). Property ownership data shows 61% of property owners in West Melbourne have a mortgage.

8,025

Population

$1,788 per week

Median household income

31 years

Median age

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