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Overview
651-653 Spencer Street, West Melbourne, VIC ...
Mechanical Workshop For Sale
Versatile Inner-City Asset with Endless Possibilities – West Melbourne Workshop
Price now reduced to $1.65 million
Located on the fringe of Melbourne’s Central Business District, this prominent property at 651-653 Spencer Street offers an exceptional opportunity for investment, occupation, or future development. The site currently functions as a mechanical workshop but presents flexible potential for various uses such as a showroom or large format retail space.
With mixed-use zoning, the property is well-suited for owner-occupiers or developers seeking a strategic inner-urban holding. The building encompasses approximately 188 square meters of floor area, providing a substantial footprint for commercial activities.
Key Property Highlights:
- Total building area of approximately 188 square meters
- Strategic landholding with high exposure frontage on one of West Melbourne’s busiest corridors
- Rear right-of-way access facilitating convenient logistics and operations
- Zoned Mixed Use (MUZ), allowing for broad commercial and residential development potential
- Currently occupied by a mechanic, with vacant possession upon sale
This site is ideal for businesses aiming to establish a prominent presence close to the CBD or for developers seeking a boutique project site in a rapidly evolving suburb.
Location Benefits: Spencer Street, West Melbourne
West Melbourne is quickly becoming one of Melbourne’s most desirable mixed-use suburbs. Its proximity to North Melbourne, Docklands, and the CBD makes it attractive to a diverse range of businesses and residents. The suburb offers:
- Immediate access to the CBD and key arterial roads
- A growing community of commercial and medical service providers
- Ongoing investment in infrastructure and amenities
- Close proximity to the Arden urban renewal precinct and major medical hubs
Ideal For:
- Developers seeking a boutique project site with mixed-use potential
- Owner-occupiers requiring a high exposure location near the city
Private inspections are available by appointment, providing interested parties the opportunity to explore the property’s potential firsthand.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
West Melbourne VIC 3003
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 188 m² |
Market Insights for West Melbourne VIC 3003
Other properties in this postcode
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