Conquest Commercial are pleased to offer for lease a unique and high profile corner property in this prime position of South Melbourne. Situated on the corner of Montague and Thistlethwaite Streets, between Normanby and City Roads, the property provides exceptional exposure with approximately 29,000 passing cars per day (as referenced by a VicRoads traffic report). This prime real estate has not been available for lease for approx 30 years, and was previously occupied by the renowned Olympia Gym. The property has now been refurbished throughout.


139-145 Montague Street is suitable for a variety of uses such as retail, showroom, warehouse, and office use (STCA).

Key Property highlights of this unique offering are:

- Building Area: 670 sqm*
- Exposed Ceiling
- Ample ammenities, including showers
- 3 Roller Doors at Montague, Thistlethwaite Streets & Williams Place
- Potential for internal parking
- Capital City 1 Zoning
- Available by October
- Refurbished throughout.

Located in the heart of the Montague Precinct, the property is surrounded by major residential and commercial development, further ensuring that a corner position like this will continue to benefit from passing trade and exposure as more residents and workers enter the area.

Other location attributes are: 

- 5 min walk* to South Melbourne Market
- 5 min walk* to the Light Rail
- 5 min walk* to South Melbourne Primary School
- 5 min* walk to Kirrip Park
- 2km* from Melbourne CBD
- 800m* to Westgate Freeway & then Citylink
- 800m* to Bay Street, Port Melbourne Shopping Strip
- 800m* to Clarendon Street Shopping Strip

139-145 Montague Street, South Melbourne is an unmissable leasing opportunity for tenants wanting to capitalise on outstanding exposure in a rapidly transforming and vibrant fringe location.

Please contact Luke conquest for more information or to arrange a inspection on 0432 328 668.

2-14 Thistlethwaite Street has a diverse appeal given its suitability for developers, owner-occupiers and investors, thanks to its outstanding development potential but also attractive existing improvements.

Features of the opportunity are:

- Site Area: 909 sqm*
- Building Area: 990 sqm*
- 20m* Frontage to Thistlethwaite St & Buckhurst Lane
- Excellent Short term income until mid 2020
- Current improvements are a two level Character Style office building with neighbouring land for 10-15 carspaces.

The Vendor has lodged plans for a development over 14 levels, taking advantage of the rare high density development potential with Capital City 1 Zoning (STCA). A link to the lodged plans and reports are available upon request and prepared by Ammache Architects.

Alternatively Owner Occupies or Investors can purchase the property with a view to utilising the existing character building when the current leases expire in mid 2020. The building’s boutique and funky style, with ample car spaces is extremely difficult to come by in this location.

Ideally located in one of the most desired developing pockets of the CBD Fringe, the property is 200m* from the new state of the art Vertical South Melbourne Primary School and 190m* from Kirrip Park. Two light tram rails and the popular South Melbourne Market are also within a 4-6 minute walk* from the property.

The Montague Precinct of Fishermans Bend will soon become one of the most vibrant CBD fringe locations.

The Property is offered for Sale by Expression of Interest which has now closed.

For more information, including the Information Memorandum, Contract of Sale and Lodged development plans, please contact the below agents.

Approx*