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:
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:
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:
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:
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:
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:
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:
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.