33-37 Peel Street, West Melbourne, Vic 3003

Knight Frank is pleased to present for sale 33-37 Peel Street, West Melbourne – a substantial multi-level freehold positioned directly opposite the iconic Queen Victoria Market and moments from the Melbourne CBD.
 
Offered with vacant possession and presented as a cold shell, the property provides an increasingly rare opportunity for an owner occupier to secure an entire building on the doorstep of the CBD and create a purpose-built headquarters, education facility or utilise for a range of other commercial uses (STCA),
 
The property further benefits from a planning permit allowing the use and development of the property for a 33-room service apartment, providing incoming purchasers with an alternative pathway to reposition and develop the asset.
 
Key Highlights;
•	Substantial 425sqm* landholding with approximately 1,150sqm of existing building area over three storeys with an existing lift
•	Offered with vacant possession, providing immediate flexibility for owner occupiers, developers and value-add investors
•	Prominent Peel Street location positioned directly opposite Queen Victoria Market
•	Surrounded by some of Melbourne’s major education providers including RMIT University and the University of Melbourne, ideal location for PBSA (purposed-built student accommodation)
•	Exceptional accessibility to CBD
•	Mixed Use Zone supporting a broad range of end uses
•	Tram services at the doorstep and Flagstaff Station approximately 500m* away
•	Direct Proximity to the $1.7billion Gurrowa Place development and Queen Victoria Market renewal
 
33-37 Peel Street is offered via Expressions of Interest closing Tuesday 1 December at 12:00pm (AEDT) 2026.
 
For more information, contact one of the exclusively appointed Knight Frank sales agents today.
 
Tanya Su +61 430 302 950
Jacob Haydock +61 422 777 526
Nick Bisset +61 437 748 120
 
*Approximately