Boutique 19-level office development hits the market

18 October 2022

A premium office building in development with exclusive views across Melbourne’s iconic and heritage-listed Flagstaff Gardens is now on the market.

Situated on an elevated hilltop facing the beautiful Flagstaff Gardens, 360 William Street, is located north of the Hoddle Grid, in a location that uniquely intersects the legal, biomedical and growing education precincts in Melbourne.

The future boutique office building sits on a prime 1,203sqm site and is exclusively listed by Colliers’ John Marasco, Daniel Wolman, Anna Cavar and Anthony Barr. The building can be purchased on a flexible fund-through or take out structure.

“360 William Street is uniquely positioned to benefit from major economic and cultural activity driven by the legal, biomedical and education precincts of Melbourne. With high concentration of major social infrastructure already in situ, we expect strong occupier demand for this type of office product.” said Ms Cavar.

Located in a precinct where heritage and opportunity align, 360 William Street is set up for accelerated growth, backed by the Government’s investment into the Queen Victoria Market renewal and development of the Melbourne Metro Tunnel.

The 19-level office building has been designed by award-winning Grimshaw Architects and is being developed by Ubertas Group. The brand new building will deliver the best tenant amenity and high 5 Star NABERS and Green Star rating targets, creating a competitive edge over the ageing stock within the surrounding area.

Comprising a total net lettable area of 12,637sqm, the building will offer ground floor retail, conference centre on level 1 and 17 upper floors of office space, and two basement car parking levels for 28 cars.

“We believe occupier markets will respond to the boutique office floorplates, which will offer natural light to three aspects, exceptional views and premium amenity. This building is designed to cater to the demand within the Flagstaff precinct,“ said Mr Marasco.

Construction will commence in early 2023, with practical completion targeting early 2025.

360 William Street is currently available for purchase via a fund through or take–out structure via international expressions of interest, closing Wednesday 9 November at 3 pm.