Mirvac logo - Corp
7 Spencer completion photography - exterior gf
OFFICE

7 SPENCER STREET

7 SPENCER, MELBOURNE, VIC 3008

7 Spencer Street is located in the emerging Northbank Precinct, located to the north bank of the Yarra River, with the precinct bound by Spencer and Flinders Street. A series of new redevelopments and refurbishments in the Northbank Precinct, including the One Hotel and Seafarers Residences, are transforming a somewhat forgotten yet historical plot of waterside land, improving ground plane activation and pedestrian links, both within the local area and beyond. 7 Spencer Street is a 21-level, 46,500 square metre A-grade building with Premium-grade Services and features over 10 individual terraces, making the most of the river and eastern city views. The development completed in April 2026.

View project website Download PDF
Grade
A
Ownership
50% Mirvac, 50% Daibiru
NLA
46,599 SQM

Summary information

Acquisition/Agreement Date Aug-21
Valuation at 30-JUN-26 $183m
Valuer Directors Valuation
Capitalisation Rate 6.50%
Discount Rate 7.38%
Gross Office Rent $668/sqm
1. Book value represents Mirvac's ownership.

Lease Expiry Profile % Income

Wale: 2.11 YEARS

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
AECOM Australia 3,594 Jul-36
Entity Name NLA / GLA SQM Lease Expiry
Work Club 3,728 Apr-38
7 Spencer completion photography - lobby

Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.  

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.