59-61 Gray Street, Hamilton, VIC 3300 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,950,000 Plus GST

59-61 Gray Street
Hamilton VIC 3300

Bedrooms: -
Bathrooms: -
Car spaces: 45
Floor area: 1956m2
Land area: 2619m2
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A Rare Opportunity in the Heart of Hamilton

For the first time since 1873, the landmark property at 59–61 Gray Street, Hamilton, the former home of The Hamilton Spectator newspaper.
Established more than 150 years ago, the original building has grown and adapted over time, expanding substantially as The Hamilton Spectator developed and its operations evolved. The result is the landmark property that now stands as part of Hamilton’s history, steeped in heritage yet ideally positioned for a vibrant new future. Situated in Hamilton’s prestigious ‘Paris end,’ it is surrounded by tree-lined streets, fine dining, the Hamilton Club, Mt Napier Club, and lies just steps from the Post Office and Church Hill precinct.
Key Features:
• Building Area: 1,956 m² (approx.)
• Land Area: 2,619 m² (approx.) across four titles
• To be sold in one line or individually across 4 titles
• Onsite parking for up to 45 vehicles
• Prime central location with exceptional street presence
• Offered vacant possession
Few commercial properties in regional Victoria offer this unique blend of scale, location, and parking capacity. Its versatility opens the door to a wide range of future uses, whether as a commercial headquarters, retail outlet, professional offices, an education and training facility, cultural or community hub, or boutique tourist accommodation, or a complete repositioning development opportunity (STCA).
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Property Details for 59-61 Gray St, Hamilton

Building Type
Commercial
Floor Size
1956m2
Land Size
2619m2
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About Hamilton 3300

The size of Hamilton is approximately 199.5 square kilometres. There are 28 parks, covering nearly 3.2% of the total area. The population of Hamilton in 2016 was 9974 people. By 2021 the population was 10346 showing a population growth of 3.7% in the area during that time. The predominant age group in Hamilton is 60-69 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation.In 2021, 73.10% of the homes in Hamilton were owner-occupied compared with 71.30% in 2016.

Hamilton has 6,445 properties. Over the last 5 years, Houses in Hamilton have seen a 39.29% increase in median value, while Units have seen a 24.59% increase. As at 30 June 2026:

  • The median value for Houses in Hamilton is $453,704 while the median value for Units is $324,239.
  • Houses have a median rent of $390 while Units have a median rent of $355.
There are currently 68 properties listed for sale, and 11 properties listed for rent in Hamilton on OnTheHouse. According to Cotality's data, 267 properties were sold in the past 12 months in Hamilton.

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