Heritage Commercial · Leasing Opportunities
25 Elizabeth Street
25 Elizabeth Street, Melbourne VIC 3000
Heritage-listed 1889 building with boutique office suites and ground-floor retail in the heart of Melbourne's CBD.

Property Overview
25 Elizabeth Street is a heritage-listed five-storey building constructed in 1889, originally commissioned as a warehouse and designed by prominent Melbourne architect William Salway in the Victorian Free Classical style. The building — formerly known as Universal House — was fully renovated by Peregrine Corporation in 2017, with the four upper floors brought back to life after being largely unoccupied for approximately 40 years.
The $3 million renovation by Bell Architecture revealed and celebrated the building's original character — rich timber flooring, colonial brickwork and high ceilings — while creating contemporary, industrial-style office spaces. The ground floor offers retail space, with boutique self-contained office suites of 65–90 sqm on the upper levels.
Located in the heart of Melbourne's CBD, the building is approximately 100 metres from Flinders Street Station with tram stops directly outside. The building achieved full occupancy within six months of the 2017 renovation.
Available Suites
| Suite | Area | Notes |
|---|---|---|
| Ground | Retail | Suitable for retail, service or food & beverage |
| Level 1 | 65 sqm | Boutique office |
| Level 2 | 90 sqm | Boutique office |
| Level 3 | 90 sqm | Boutique office |
Key Features
- Heritage-listed 1889 building — Victorian Free Classical style
- Fully renovated 2017 ($3M) by Bell Architecture / Builtwise
- Exposed original timber floors and colonial brickwork
- High ceilings (~3m)
- New passenger lift
- Building-wide security and air conditioning
- End-of-trip facilities
- 10 minutes walk from Flinders Street Station
- Tram stops directly outside (Routes 19, 57, 59)
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Interested in leasing?
Contact our team for further information on current and upcoming leasing opportunities.