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437-441 Spencer Street
West Melbourne VIC 3003
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Sold on 27 May 2020

437-441 Spencer Street West Melbourne VIC 3003

  • Shop & Retail
  • 268 m²
  • Sold, $2,650,000

Flexible City Fringe Corner Freehold (With Scheme for 88 Room Hotel)

437-441 Spencer Street, West Melbourne occupies a prominent corner position in a rapidly developing precinct on the doorstep of the CBD. Improvements comprise two double story retail buildings available with vacant possession. The property also includes a scheme for a 17 level, 88-room boutique hotel. Therefore, it provides maximum flexibility for investors, owner-occupiers and developers.

Two double story retail buildings
Land area 268m²* with access from three sides
Scheme for 88 room boutique hotel
Zoned Mixed Use (MUZ)
Vacant possession
Prominent dual street frontages situated upon the South West intersection of Spencer Street and Dudley Street.
West Melbourne is a rapidly developing suburb on the doorstep of the Melbourne CBD.
Surrounded by major residential, commercial, hotel and education developments.
Vibrant city fringe location within walking distance of CBD, North Melbourne retail precinct, Flagstaff Gardens and Queen Victoria Market.
Excellent access to public transport situated between Southern Cross Station and Flagstaff Station
Improvements comprise two double story retail buildings ideal for refurbishment and holding as an investment or to owner-occupy.
Schemes for a 17 level, 88-room boutique hotel.
Mixed Use Zoning enables other development outcomes to be explored including student accommodation, residential apartments or strata office.

Commercial Bureau Real Estate
Commercial Bureau Real Estate
20 Collins Street
Melbourne, VIC 3000

Property Highlights

Date Sold27 May 2020
Sold Price$2,650,000
Floor Area268 m²
Land Area268 m²
ParkingAsk Agent
Property ID2015928622
Category
Last updated  27 May 2020
Map for 437-441 Spencer Street West Melbourne VIC 3003

Nearest transport* to 437-441 Spencer Street West Melbourne VIC 3003

Bus
Train
Tram
Dudley St/Spencer St (West Melbourne)17 m
Dudley St/Spencer St (West Melbourne)66 m
Spencer St/Dudley St (West Melbourne)76 m
Adderley St/Dudley St (West Melbourne)140 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Commercial Bureau Real Estate
Commercial Bureau Real Estate
20 Collins Street
Melbourne, VIC 3000

Property Highlights

Date Sold27 May 2020
Sold Price$2,650,000
Floor Area268 m²
Land Area268 m²
ParkingAsk Agent
Property ID2015928622
Category
Last updated  27 May 2020

Listed by

Gideon Marcus
Gideon Marcus
Commercial Bureau Real Estate
Call
0423560045

More about 437-441 Spencer Street West Melbourne VIC 3003

437-441 Spencer Street West Melbourne VIC 3003 is categorized as Shop & Retail Property. It has a floor area of 268 m² and a land area of 268 m². The listing ID for this property is 2015928622.

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