Written by
Strata offices are quickly becoming one of the most attractive commercial property investment types in Melbourne. As hybrid work settles and small-to-medium businesses seek ownership over leasing, demand for bite-sized, flexible office spaces is on the rise.
With strong yields, professional tenants, and low maintenance requirements, strata offices offer a compelling mix of security and growth - but location is everything.
So, where should investors be looking?
In this blog, we explore the top-performing and emerging suburbs in Melbourne for strata office investment.
Why invest in strata offices?
Strata offices are individual office suites or floors within a larger commercial building, typically located in a town centres, business parks or urban precincts. Compared to traditional large-scale office towers, they offer:
- Affordable entry points
- Diverse tenant demand (lawyers, accountants, consultants, etc.)
- Lower vacancy risk in decentralised locations
- Strong capital growth in well-connected areas
- Full ownership and control (vs leasing)
Top Melbourne suburbs for strata office investment
1. Williams Landing (Melbourne’s West)
A standout in Melbourne’s booming west, located just 20 kilometres from Melbourne’s CBD, Williams Landing is a premier 275-hectare masterplanned estate attracting families and professionals from across the city. The development features more than 2,000 homes and five modern office buildings, positioning Williams Landing as a social and commercial focal point.
Why it’s great:
- Direct freeway access and train connectivity to the CBD
- Growing residential catchment = strong service-based business demand
- Purpose-built office developments with modern amenities
- Rapidly growing employment hub with major future job capacity
Example project: Hudson Hub – a premium strata office building delivering brand-new office suites with established amenities on your doorstep, communal facilities including rooftop terrace, connected within a business community with over 200 like-minded businesses.
2. Richmond (Inner East)
Richmond continues to be a favourite for investors, thanks to its proximity to the CBD and its appeal to creative and digital industries.
Why it's liked:
- Trendy location with high amenity value
- Well-established demand from small businesses and consultants
- Strong capital growth history
- Easy tram and train access
Tip: Look for boutique mixed-use buildings or refurbished warehouse-style offices that appeal to tenants seeking character and charm.
3. Box Hill (Eastern Growth Corridor)
Box Hill is undergoing a massive transformation, with major infrastructure investment and a growing skyline of commercial and residential towers.
Why it’s popular:
- Strong presence of health, education, and finance businesses
- Close to major hospitals and Box Hill TAFE
- Government-identified as a Metropolitan Activity Centre
- Multicultural, fast-growing population base
With new strata office stock being delivered and high occupancy rates, Box Hill is primed for value growth.
4. South Melbourne
Close to the CBD but with lower buy-in costs, South Melbourne has become a popular hub for creatives, tech start-ups, and consultants.
Why it made the list:
- High-end boutique office buildings
- Excellent public transport and freeway access
- Vibrant café and retail scene
- Tight supply of quality office suites = strong rental returns
Investor Insight: Focus on modern strata offices with lift access, end-of-trip facilities and natural light.
5. Dandenong (South-East Hub)
For investors with a slightly lower budget, Dandenong offers excellent value and strong business activity thanks to its position as a key industrial and commercial zone.
Why it’s great:
- Part of the National Employment and Innovation Cluster (NEIC)
- High demand from local and regional businesses
- Accessible via Eastlink and rail
- Strata offices often come with industrial or mixed-use flexibility
Ideal for those looking to enter the commercial space with solid yield prospects.
What makes a great strata office investment?
When assessing suburbs or individual strata office opportunities, consider:
- Location and accessibility
- Tenant demand in the area
- Age and condition of the building
- On-site amenities (parking, lifts, kitchens, security)
- Owners corporation fees and ongoing maintenance
- Leasing history and vacancy rates
Ready to explore strata office opportunities?
Strata offices offer one of the most accessible and high-performing pathways into commercial property, and in the right suburb, they can outperform traditional residential investments.
Looking to secure a strata office in Melbourne’s next growth precinct?
Reach out to our commercial property specialists today for current availability.
