386-390 Spencer Street, West Melbourne


  • Project value A$52 million
  • 2 retail and 100 apartments
  • Site acquired December 2014
  • Construction completed January 2018



  • A$15 million preferred equity provided by AUS Finance Group
  • A$28 million senior finance from major bank

The property is situated on the high growth northern edge of the Melbourne CBD and has the following key attributes –
Ultra prime city fringe location, Located on the city’s edge in one of Melbourne’s most desirable inner urban pockets, less than 200 meters* from the North Eastern tip of the CBD, Substantial 837sqm* land holding with multiple access points, Mixed Use Zone suitable for high density residential development, Surrounded by Melbourne’s landmarks such as Queen Victoria markets, Flagstaff Gardens, Docklands and Etihad Stadium.

Click HERE to view a development video for the project.


100 Apartments set within a heritage listed facade

1 & 2 Bedroom apartments across 15 Levels

Architecturally designed

Minutes to prestigious universities such as Melbourne University

Walking distance to Melbourne’s extensive transport network

For further information, please call AUS Finance Group on 1800 287 346