LEVEL 5/575 Bourke Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

LEVEL 5/575 Bourke Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: 82
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for Level 5/575 Bourke St, Melbourne

Building Type
Commercial
Local Government
Melbourne
Lot/Plan
1/PS629403

Last Listing description (September 2019)

Brand new, fully furnished 8-person private serviced office with windows - $6,100pcm

Description:
With 15 years in the serviced office industry, this centre has been designed specifically to overcome the challenges experienced by users in larger operators, taking the serviced office experience to the next level. Newly opened, this is office space flooded with natural light and is decorated with a cool, industrial vibe to keep your staff happy and productive. You'll find loads of breakout space, free meeting rooms and quiet booths, making it easy to meet your clients, take private phone calls or collaborate with other members of the community - a community where members help each other, learn and grow together all facilitated through awesome community manager and the events team. There are walls specifically designed for industry leading privacy, end-of-trip facilities with towel service, professional and friendly concierge and a free bar and lounge for all members to enjoy! A centre with true personality, the environment here gives you a local business community whilst offering premium business services.
Location:

The corner of Bourke and William St is buzzing with energy, making it the ideal place to base your business within Melbourne's creative and fast-moving CBD. With plenty of outdoor food options, a free tram zone stop, taxi rank and only five minutes to Southern Cross Station, this eclectic neighbourhood is one that's growing at an incredible speed. A plethora of cool cafes and eateries are right behind the building on Little Collins Street, and all the bars and shops of the CBD are on your doorstep, helping you create the perfect work-life balance.
This advertised office is ideal for a team of 8. 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 included in the monthly rent:
Brand new furnished offices
Collaborative community
On-site caf and restaurant
Professional concierge
Contemporary boardrooms and meeting rooms
Modern kitchen and lounge areas
End-of-trip facilities
Variety of event spaces
Secure, business-grade cable internet and WiFi
Premium location
Close to mainline train station
Fully flexible options
Southern Cross train station: 400m
Close to tram stops, cafes, gyms, banks, pubs and restaurants.

------------------- ------------------------------ ------------------------------

Who is Instant Offices?
Instant Offices hosts more than 13,000 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 dependent 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 Level 5/575 Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$140,340,204
12 Oct 2017
  • 26 Mar 2019
    Listed for Sale 8-person furnished private office - $6,100pcm
  • 23 Dec 2015
    Listed for Rent - Price not available
  • 18 Mar 2015
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

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 64,288 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 246 properties listed for sale, and 355 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2741 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.