Trophy penthouse office in Melbourne's Chapel Street up for grabs

An award-winning penthouse office in one of Melbourne’s top retail hubs is about to hit the market with price expectations of more than $6.5 million.

The 529 Chapel Street office in South Yarra has an area of 675 sqm and is on two levels. 

It has won several awards, including one of New York’s most prestigious design awards in 2015, taking out Interior Design Magazine’s Best Interior Design Award. It was also named a finalist in the Workplace Design and Workplace Less Than 1,000 sqm categories at the 2015 Interior Design Excellence Awards in Australia. 

It is being sold through Colliers International’s Daniel Wolman, Oliver Hay, Ben Baines and Chris Ling on behalf of local developer Bill McNee. 

“This is a truly unique offering – there is no other office in Melbourne that compares to this one,” Wolman said. 

The office is expected to attract strong competition from office users, hospitality operators and luxury residential buyers.

“On offer is the world’s best office in the heart of one of Melbourne’s trendiest and most sought after suburbs,” added Wolman.

The office has communal and private workspaces, innovative entrances, steam rooms and luxury finishes with multiple rooftop terraces. Luxury features include a Sonos sound system throughout, automated bi-fold doors, a teppanyaki grill and beer taps on the external terrace. 

“The building would be well suited to a family office or small-to-medium business looking to take advantage of the immediate access to extensive surrounding amenity,” said Hay.