14/50 Market Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

14/50 Market Street
Melbourne VIC 3000

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Property Details for 14/50 Market St, Melbourne

Building Type
Commercial
Local Government
Melbourne

Last Listing description (February 2024)

A ONE-OF-A-KIND DUAL LEVEL PENTHOUSE IN MELBOURNE'S MIDTOWN PRECINCT

CBRE Melbourne are delighted to present a truly one-of-a-kind Melbourne CBD office penthouse located In Melbourne's midtown precinct located at Level 14 & 15, 50 Market Street, Melbourne.

The Penthouse at 50 Market Street offers a once in a generation opportunity to purchase a dual level office headquarters on the corner of Flinders Lane and moments away from Collins Street with breathtaking views over the Yarra River and Southbank.


Offered with Vacant Possession on Level 14 and short term lease on Level 15, the property suits a broad range of businesses looking to standout in the market with the ability for part occupation or occupy both floors, Penthouse, 50 Market Street can be best described as follows:

+ A truly one-of-a-kind 366 square metre* offering with 183 square metres floor plates with internal staircase access between floors and exceptional natural light to three (3) sides

+ Flexibility to occupy one or both floor with breathtaking views and protected view corridors over the Yarra River and Southbank

+ Ideally suited to a broad range of future office occupiers including professional services, family office, finance and tech as well as strong holding income from the short term lease on Level 15

+ Strategically located on the corner of Flinders Lane & Market Street in Melbourne's mid-town precinct, located directly across the recently completed Collins Arch (anchored by leading corporate tenants) and W-Hotel and Market Street's public open space

+ Exceptional public transport connectivity with Collins Street tram network (50m*), Flinders Street tram network (50m*) and Flinders Street Train Station a short walking distance

Do not miss this one-of-a-kind Melbourne CBD penthouse on the corner of Flinders Lane.

Penthouse, Level 14 & 15, 50 Market Street, Melbourne is offered For Sale Via International Expressions of Interest closing Thursday 7th December 2023 at 2:00pm (AEDT)

For further information please contact the exclusive sales and marketing agents at CBRE:

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Sam O'Connell
+61 448 910 251
sam.oconnell@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.

Property History for 14/50 Market St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 13 Oct 2023
    Listed for Sale Contact Agent
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,268 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 273 properties listed for sale, and 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.