Colliers present a new architecturally striking office in the heart of Melbourne’s coveted inner-eastern office market
A brand new premium four-level office building named “Hall St Hub” located at 26–28 Hall Street, Hawthorn East, is being brought to market by Colliers Scott Orchard, Ben Baines, and Alex Browne.
Strategically positioned in one of Melbourne’s most affluent demographics, the 2,598sqm building with bespoke architecual design and chic interiors offers diverse income, strong depreciation benefits, low outgoings, immediate access to the Monash Freeway and is well-serviced by public transport and amenity, enhancing its appeal to investors.
Ben Baines, Director Investment Services & Office Middle Markets at Colliers, commented,
“Hall St Hub is exceptionally well-connected and positioned in one of Melbourne’s most tightly held markets, with no investment grade offerings of its type or quality offered for some time. With its strategic location and premium quality, design and finishes, this building ticks all the boxes for savvy investors.”
Mr Baines added, “The building is 80% occupied by a strong mix of national and international including NYSE listed tenants. With a potential fully leased net income of approximately $1,240,000 per annum, significant depreciation benefits, and minimal forecast capital expenditure, this asset presents an outstanding opportunity for investors seeking attractive returns and growth story.”
Mr Orchard said, “In addition to the many amenity and ESG features, 5-Star NABERS as well as two just finished spec-fit outs in last remaining tenancies, there is record-low forecast supply in the Melbourne’s Inner-East, with vacancy in the region sitting distincly lower than most Melbourne’s office markets”.
As of March 2025, vacancy in the Inner East stood at 10%, well below the metropolitan average of 14.8%, and significantly lower than the CBD vacancy rate of 18% (as of January 2025).*
This agents commented the property is one of the few new and stabalised buildings that has become available for sale in Melbourne’s inner suburbs in recent years, and still offers an owner occupier a chance to reside in the boutique building.
The property at 26-28 Hall Street, Hawthorn East is being offered for sale through Expressions of Interest, closing Wednesday 11th June 2025 at 4pm (AEST).
*Source: Colliers Research & PCA
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