224 Queen Street, Melbourne, VIC, 3000

Cushman & Wakefield Middle Markets, with JACX Property as transaction advisors, are proud to present 224 Queen Street, Melbourne for sale by International Expressions of Interest closing Wednesday 28 October 2026 at 12pm (AEDT).

Key details are highlighted below

- A 12-storey commercial building delivering 5,175sqm* of net lettable area (office 4,432sqm* | retail 743sqm*) across a 547sqm* site, comprising basement and ground-floor retail and ten upper office levels.

- Exceptional triple street frontage totalling 85.2m* to Queen Street (34.2m*), Lonsdale Street (16.8m*) and Crown Place (34.2m*), providing outstanding exposure and accessibility.

-Commanding the corner of Queen and Lonsdale Streets within Melbourne’s tightly held Legal Precinct, moments from the Supreme, County and Magistrates’ Courts, barristers’ chambers and leading legal practices.

- Efficient average floorplates of approximately 460sqm* benefiting from exceptional natural light across three street frontages, supporting flexible single or multi-tenant configurations.

- Net passing income of $1,164,891 per annum* from an established mix of legal, professional services and retail occupiers including Maincourt Assets, Sinisgali Foster Legal and Mens Suit Warehouse, against an estimated fully leased income of $2,320,760 per annum*.

- Occupancy of 66.3%* delivers significant scope to activate underutilised floors, refurbish accommodation and reposition the asset to enhance leasing performance and income.

- Capital City Zone – Schedule 1 (CCZ1) under the City of Melbourne Planning Scheme, supporting a broad range of future outcomes including refurbishment and re-lease, adaptive reuse, strata sell-down and repositioning (STCA).

- Compelling adaptive reuse potential including full or partial boutique hotel conversion, with scope to activate the basement as a gym, bar, restaurant or entertainment venue (STCA).

- Exceptional connectivity with Lonsdale Street buses (35m*), Bourke Street trams (210m*) and Flagstaff Station (350m*), alongside Hardware Lane, Bourke Street Mall, Emporium Melbourne, Queen Victoria Market and Flagstaff Gardens all within walking distance.

For more information, please contact the exclusive agents below.

Cushman & Wakefield

Daniel Wolman | +61 412 957 839

Oliver Hay | +61 419 528 540

Leon Ma 马海翔 | +61 417 070 725

*Approx.

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