Property Details for 322 Russell St, Melbourne
Last Listing description (October 2025)
Prime Office Investment in the Heart of Melbourne 333 sqm, 2-Level Property
Address: Corner of Russell & La Trobe Streets, Melbourne CBD
Positioned in one of Melbourne's most dynamic and high-demand commercial precincts, this outstanding dual-level office space offers an exceptional opportunity for both investors and future owner-occupiers. Located just steps from Melbourne Central, QV Shopping Centre, RMIT, and Chinatown, the property benefits from heavy foot traffic and unrivaled accessibility.
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Total Building Area: Approx. 333 sqm across two spacious levels
Dual Access: Offers the convenience of two separate entrances, enhancing flexibility for multi-tenant use or client access
Prime Location: Corner position with direct street frontage and excellent exposure
Parking: Includes 2 separately titled car parks a rare find in Melbourne's CBD
Flexible Usage: perfect for investors seeking a stable, income-generating asset. Also ideal for owner-occupiers planning for future use or business expansion
Surrounding Amenities: steps from Melbourne Central, QV Melbourne, RMIT, and Chinatown. Easy access to public transport and major tram routes
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Why Invest:
Prime CBD address in a high-demand commercial zone
High exposure and visibility from both La Trobe and Russell Streets
Suitable for a range of businesses
Dual-level layout and two entry points make it adaptable for split tenancies or client-facing operations
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Contact us today to arrange a private inspection or request further information.
Quality commercial opportunities like this in the CBD are rarely available don't miss out!
Property History for 322 Russell St, Melbourne, VIC 3000
- 07 Oct 2025Listed for Sale Contact Agent
- 11 Jun 2025Listed for Sale Contact Agent
- 14 Nov 2016Listed for Rent - Price not available
Recent sales nearby
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:
- The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
- Houses have a median rent of $635 while Units have a median rent of $660.
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