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OFFICE

380 ST KILDA ROAD

380 St Kilda Rd, Melbourne, VIC 3000

This 15-level, A-grade office building comprises six podium levels of up to 2,800 square metres each, with tower floors of 1,200 square metres each. Prominently located at the city end of St Kilda Road and opposite the Royal Botanic Gardens, the building has excellent natural light and views to Port Phillip Bay. Refurbishment works including a lobby refurbishment, ground floor plane repositioning and end of trip upgrades were completed in 2024.

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Grade
A
Nabers Rating
4.5 Star
Ownership
100%
NLA
25,930 SQM

Summary information

Acquisition/Agreement Date Oct 95 (50%), Apr 01 (50%)
Last External Valuation Date Dec-24
Valuation at 31-DEC-24 $181.0m
Valuer Savills
Capitalisation Rate 7.00%
Discount Rate 7.50%
Gross Office Rent $714/sqm
Car Spaces 312

Lease Expiry Profile % Income

Wale: 2.5 YEARS

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
Toll Transport 2,800 Nov-25
Entity Name NLA / GLA SQM Lease Expiry
Defence Health 2,778 May-28
380 St Kilda lobby elevators

Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.  

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.