BASEMENT/106-120 Spencer Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

BASEMENT/106-120 Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for Basement/106-120 Spencer St, Melbourne

Basement/106-120 Spencer St, Melbourne is a 2 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Local Government
Melbourne
Lot/Plan
1/TP712781

Last Listing description (November 2019)

Brand new, fully furnished 44-person private office - $30,050pcm

Description:

Recently opened in April 2019, this centre offers floors of coworking and private office solutions equipped to cater to all your needs in a community where companies grow together. These spaces are designed to promote productivity whether you're a team small or large team and offer month-to-month flexibility so your space can be just as agile as you are. With modern and unique breakout areas, a micro-roasted coffee bar, fresh fruit water, and soundproofed phone booths for when you need a little bit pf privacy this space has considered the little details so you can focus on your business. This space is a real community space that hosts in-house events such as workshops, seminars, lunch-and-learns and social events that connect you organically to your neighbours. More information on this location is coming soon, but we're gladly accepting inquiries.


Location:

Situated on Spencer Street, this centre is located directly over the road to Southern Cross station which offers trains, trams and buses all around Melbourne and even Sky Bus services to Tullamarine and Avalon Airport. Docklands is the prime location for mixing work and play; this centre is surrounded by an abundance of cafs, restaurants and bars, leaving you spoilt for choice for drinking and dining options. Just a seven-minute walk away is Batman Park on the shores of Yarra River, where you can enjoy lunch in the sun while overlooking South Wharf and the Crown Plaza.

This advertised office is ideal for a team of 44. If you have other needs, our team cater for small and large requirements, with office space that provides a cost-effective solution and flexibility to boot, allowing you to up-size or downsize at short notice. For free, impartial advice contact one of our expert consultants to arrange a viewing today.

Amenities include:

Cool, creative furnished offices
24-hour access and security
Vibrant coworking environment
Contemporary meeting rooms
Conference facilities
On-site support team
Unique kitchen and break-out areas
Outdoor balcony space
Secure, business-grade cable internet and WiFi
Regular networking events
CBD location
Close to mainline train station
Fully flexible options

Parliament Station: 300m

Close to buses, cafes, gyms, banks, bars and restaurants.


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Who is Instant Offices?

Instant Offices hosts more than 14,000 flexible workspace centres across the world and we are the only site of its kind to represent the global market, providing a service to FTSE 100, Fortune 500, and SME clients. With offices in Sydney, London, Newcastle, Berlin, Haifa, Dallas, New York, Miami, San Francisco, Hong Kong, Singapore, and Kuala Lumpur, The Instant Group employs 230 experts and has clients in more than 150 countries. We have recently been included in the 2018 Sunday Times' HSBC International Track 200.

We work with 99% of the serviced office market globally to offer you free, expert and impartial advice to help find your dream workspace and negotiate the best deal for your business. Whether you need guiding through the process step-by-step, or you're a property expert looking for someone who can grasp complex requirements, we can help.

** Conditions apply - Prices dependant on contract term, space type and desk rate. For more information about the lease terms or to arrange a viewing please speak to one of our experts**

Property History for Basement/106-120 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
06 Jun 2022
  • 21 Feb 2019
    Listed for Rent 44 Person - Furnished private office - $30,050pcm
  • 22 Oct 2010
    Listed for Sale $530,000
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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 64,290 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 240 properties listed for sale, and 363 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2737 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.