650 Lonsdale Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

650 Lonsdale Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11399m2
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Property Details for 650 Lonsdale St, Melbourne

Building Type
Commercial
Land Size
11399m2
Local Government
Melbourne
Lot/Plan
S4/PS746092

Last Listing description (October 2023)

Offered to the market for the first time, 650 Lonsdale Street offers the ability to be a part of the landmark West Side Place project by Far East Consortium with unrivalled public transport connectivity and amenity across the precinct.

Level 2, 650 Lonsdale Street can be summarised by the following features:


+ A flexible and boutique floor plate of 235 square metres* with an on-title 28 square metre* outdoor terrace with excellent natural light

+ Offered with Vacant Possession, the office provides a flexible open configuration that can be tailored to suit a number of office users

+ Situated within Far East Consortium's landmark West Side Place development and home to Melbourne's only Ritz Carlton Hotel with exceptional amenity across the city-block spanning project

+ Unrivalled public transport connectivity with Southern Cross Train Station located opposite the property as well as Lonsdale Street bus network and short walking distance to Spencer Street and Bourke Street tram networks

+ Surrounded by excellent retail and hospitality amenity with Spencer Street Outlet Centre located directly opposite with national retailers including Coles, Chemist Warehouse and hundreds of other retailers as well as being within immediate walking distance of leading restaurant and hospitality including Higher Ground and Atria

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

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

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

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

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

*Denotes Approx.

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Property History for 650 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 08 Sep 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 64,238 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 251 properties listed for sale, and 177 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2765 properties were sold in the past 12 months in Melbourne.

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