Defining the new West Melbourne - Off The Plan Management Rights

Presenting the management rights and associated real estate to "The Marker", an elegant, mid-rise development occupying a prominent corner position on Spencer, Stanley and Roden Streets in West Melbourne.

Boasting 195 apartments, designed above integrated retail at street level, these two prestigious eight-storey buildings comprise a blend of one, two and three bedroom apartments and are well-suited to both permanent and short-term occupation.

The Marker has an anticipated 70% investor profile. Income projections have been prepared by Holmans indicating a net profit over $1.145m (based on 85 short-term, 55 permanent and 55 owner occupiers). 

  • Two buildings with 145 apartments in Spencer/Stanley St buildings and 50 in Roden St
  • Consists of 84 x 1 bed, 101 x 2 bed/2 bath and 10 x 3 bed – totalling 195 apartments
  • Projected 70% investor profile based on sales to date
  • $200,000 Body Corporate Salary and projected net profit circa. $1.145 million
  • Strong sales with many letting appointments secured at point of sale - due for completion Q1 2021
  • Designated 87sqm freehold operating space adjoining main foyer plus cleaning and storage rooms
  • Secured Aldi tenancy and three additional retail lots for F&B and speciality shops
  • Facilities - garden courtyard, resident’s lounge with kitchenette, dining area, conference & meeting rooms
  • Ideally placed between the energetic CBD and vibrant Docklands for short-term and permanent occupation
  • Superb inter-city connectivity with tram stop located on Spencer St


NB. All inspections by appointment only

Tim Crooks

Interested? Why not give Tim Crooks a call on 0417 544 562 or