380 St Kilda Road, Melbourne
380 St Kilda Road stands as one of the boulevard's most comprehensively repositioned office assets. It sits on the corner of St Kilda Road and Park Street, directly opposite the new Anzac Station. It looks over Kings Domain, the Shrine of Remembrance and the Royal Botanic Gardens toward the CBD skyline.
Asset Class
‘A’ Grade Commercial Office & Retail
Net Lettable Area (NLA)
26,893sqm
Client
Private Family Office
Role
Transaction Advisory (Acquisition 2026)
Asset Manager
Owned by a private family office, 380 St Kilda Road is at the Northern, city end of St Kilda Road, the most sought after part of the precinct,1.7km from the CBD. The building has three street frontages; St Kilda Road, Park Street and Wells Street. It offers six large podium floors of up to 2,800sqm and eight tower floors of up to 1,280sqm. The building suits tenants ranging from boutique to whole floor occupants, and is supported by 300 private car spaces on site.
The entry floor has been redesigned around the tenant experience. It includes a repositioned atrium and lobby, plus café, wine bar and hotel-style business lounge operated by Work Club. A Woolworths Metro occupies the lower ground with its own entry via Park Street, and a landscaped rooftop terrace on Level 8 looks toward the Shrine and the Gardens. The building holds a 4.5 star NABERS Energy rating. The end of trip is comparable to CBD ‘A grade’ office tower tacilities, including 186 bike spaces, 243 lockers and 22 showers.
In 2026, OneEast Capital was appointed Acquisition Manager to acquire this asset on behalf of our client. In October 2026 OneEast Capital was appointed Asset Manager.
History of 380 St Kilda Road
The construction of 380 St Kilda Road was completed in 1989, during the period when St Kilda Road became one of Melbourne's principal office addresses outside the CBD grid.
Mirvac, who had owned the building since the late 1990s, commissioned Architectus to reposition the property in anticipation of the Metro Tunnel delivering a new station at the building’s doorstep. The program was delivered in stages between 2022 and 2025. It transformed the ground floor with new facades, an activated atrium and lobby, retail and collaborative spaces. It also upgraded the lift lobbies and amenities on every level and created high quality speculative suites. Added luxury included new end of trip facilities and the Level 8 rooftop terrace. The result, the asset would attract and retain tenants as the precinct was reimagined. The program marked the culmination of Mirvac’s long term stewardship of the asset, which was sold in 2026.
Anzac Station is part of the $13.5 billion Metro Tunnel and is Melbourne's first tram and train interchange. With the station now open, 380 St Kilda Road is a two minute walk from the platform and one stop (approx. four minutes) from Town Hall Station in the heart of the Melbourne CBD.
380 St Kilda Road
Entry Lobby
Lobby Cafe
Rooftop
Rooftop View
Lift Lobby
Bike Parking EOT
Natural lit floor plates
Work Club Cafe
Work Club Bar
View of the Shrine Of Remembrance