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228 Victoria Parade, East Melbourne, VIC, 3002

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228 Victoria Parade, East Melbourne, VIC, 3002

East Melbourne

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228 Victoria Parade, East Melbourne, VIC, 3002

East Melbourne

228 Victoria Parade, East Melbourne, VIC, 3002

228 Victoria Parade, East Melbourne, VIC, 3002

Properties / Buy / Victoria / East Melbourne
Vacant Possession
Selling Method
EOI
Selling Details
Contact Agent
Land Area
1,016 m² (*approx)
Floor Area
5200 m² (*approx)
Property Type
Offices
Sub-type
Whole Building
Est. Income
$2,102,161 p/a
Fully Leased
Melbourne Archdiocese Catholic Schools Ltd (MACS)
Car Spaces
60
Nabers Rating
4.5 Stars
Show All
UNINTERRUPTED PARKVIEWS – 30 YEARS IN THE MAKING
  • First time offered in over 30 years
  • Irreplaceable Fitzroy Gardens Outlook
  • Significant 5,200sqm* asset

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

Remember to mention you found this property on CommercialReady

Read More
Vacant Possession
Vacant Possession

228 Victoria Parade Investment Summary

Property Type
Offices
Sub-type
Whole Building
Est. Income
$2,102,161 p/a
Tenant
Melbourne Archdiocese Catholic Schools Ltd (MACS)
Land Area
1,016 m² (*approx)
Floor Area
5200 m² (*approx)
Car Spaces
60
Selling Method
EOI
EOI Closing Date
17 Jun 2026 12:00PM
Selling Details
Contact Agent
Nabers Rating
4.5 Stars

Investment Highlights

UNINTERRUPTED PARKVIEWS – 30 YEARS IN THE MAKING
  • First time offered in over 30 years
  • Irreplaceable Fitzroy Gardens Outlook
  • Significant 5,200sqm* asset

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

Remember to mention you found this property on CommercialReady

Read More
Vacant Possession

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