651-653 Spencer Street, West Melbourne, VIC 3003

Mechanical Workshop For Sale

Versatile Inner-City Asset with Endless Possibilities – West Melbourne Workshop

Price now reduced to $1.65 million

Positioned on the fringe of Melbourne’s CBD, this high-profile property at 651-653 Spencer Street presents an outstanding opportunity to invest now and occupy or develop later.

Currently utilised as a mechanical workshop, the building offers flexible potential for a range of future uses including showroom or large format retail. With mixed-use zoning, this site is ideally suited for owner-occupiers or developers seeking a strategic inner-urban holding.

Address: 651-653 Spencer Street, West Melbourne, VIC 3003

Mechanical Workshop For Sale | Key Property Highlights:

• Total building area: 188 sqm (approx.)
• Strategic landholding with high exposure frontage
• Rear right-of-way access
• Zoned Mixed Use (MUZ) allowing for broad commercial and residential potential
• Located on one of West Melbourne’s busiest corridors
• Currently occupied by a mechanic
• To be sold vacant possession

This site is ideal for a business looking to establish a prominent presence near the CBD

Location Benefits: Spencer Street West Melbourne

West Melbourne is fast evolving into one of Melbourne’s most sought-after mixed-use suburbs. With close proximity to North Melbourne, Docklands and the CBD, the area continues to attract a diverse range of businesses and residents. The suburb benefits from:

• Immediate access to the CBD and key arterials
• A growing community of commercial and medical service providers
• Ongoing investment in infrastructure and amenity
• Close to the Arden urban renewal precinct and major medical hubs

Ideal For:

• Developers seeking a boutique project site
• Owner occupiers in need of a high exposure location

Private inspections available by appointment.