Investment Property Available
For Sale
  • Offices

    • UNINTERRUPTED PARKVIEWS – 30 YEARS IN THE MAKING

    228 Victoria Parade, East Melbourne, VIC 3002 Australia
    Investment Property Available
    For Sale
  • Offices

    • UNINTERRUPTED PARKVIEWS – 30 YEARS IN THE MAKING

    228 Victoria Parade, East Melbourne, VIC 3002 Australia
    Building Size
    5,200 SQM
    Lot Size
    1,016 SQM
    Energy Rating
    4.5
    Building Size
    5,200 SQM
    Lot Size
    1,016 SQM
    Energy Rating
    4.5

    OVERVIEW

    Cushman & Wakefield Middle Markets are proud to present, 228 Victoria Parade, East Melbourne for Sale by International Expression of Interest closing Wednesday 17th June 2026 at 12pm (AEST). 

     

    Key details are highlighted below 

     

    • Nine-level commercial office building delivering 5,200sqm* of net lettable area across a prime 1,016sqm* landholding with 20.02m* of frontage to Victoria Parade, one of Melbourne's most prestigious city-fringe boulevards. 
    • Sole tenancy to Melbourne Archdiocese Catholic Schools Ltd (MACS) with a lease expiry of 27 January 2027, providing a clear pathway to vacant possession with net passing income of $2,102,161 per annum*. 
    • Commercial 1 Zone (C1Z) under the City of Melbourne Planning Scheme, supporting a wide range of future use outcomes including owner-occupation, refurbishment and re-lease, adaptive re-use and redevelopment (STCA). 
    • 4.5 Star NABERS Energy rated building with 60 basement car spaces across 3 basement levels, accessed via Providence Lane. 
    • Positioned at the epicentre of Melbourne's premier medical and institutional precinct, with St Vincent's Hospital (500m*), St Vincent's Private Hospital (350m*), Epworth Freemasons (230m*) and Australian Catholic University (140m*) all within immediate proximity. 
    • One of East Melbourne's last remaining park-view office opportunities at scale, with commanding northward views over Fitzroy Gardens, a structurally scarce asset profile in a precinct where A Grade vacancy sits at just 1.6%. 
    • Exceptional CBD connectivity via multiple tram routes along Victoria Parade (100m*), Parliament Station (700m*) and Jolimont Station (1.1km*), with direct access to Melbourne's broader metropolitan network. 
    • Compelling adaptive re-use potential across a range of alternative uses including hotel, build-to-rent, co-living, purpose-built student accommodation and residential conversion (STCA). 

     

    *Approx. 

     

    Cushman & Wakefield Middle Markets is proud to present 228 Victoria Parade, East Melbourne, a landmark commercial asset for Sale by International Expression of Interest closing Wednesday 17th June 2026 at 12pm (AEST). 

     

    For more information, please contact the exclusive agents below. 

     

    Cushman & Wakefield 

     

    Oliver Hay | +61 419 528 540 

    Daniel Wolman | +61 412 957 839 

    Leon Ma 马海翔 | +61 417 070 725 

    - Melbourne City Suburbs

    CONTACT

    Key Features
    • First time offered in over 30 years
    • Irreplaceable Fitzroy Gardens Outlook
    • Significant 5,200sqm* asset

    Details

    Building Size:
    5,200 SQM
    Sale Price:
    Contact us for pricing
    Lot Size:
    1,016 SQM
    Energy Rating:
    4.5

    CONTACT

    UNINTERRUPTED PARKVIEWS – 30 YEARS IN THE MAKING

    LOCATION

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