FOR SALE

OR LEASE

About

‘White Crow’ 39/617-643 Spencer Street, West Melbourne

Presenting a rare, flexible premises suitable for education, childcare, creative or wellness organisations, or for serious investors. Nested in the former White Crow Sauce factory (circa 1930) this unique and distinctive building has a total land area of approximately 1020sqm. Just a short 350m walk to the North Melbourne train station, and nestled on the CBD’s city fringe merely 1.1km from the city centre, this fully restored building circa 2019 blends heritage with modern functionality, is owner-occupied and has 6 carparking spaces on title with approval for the installation of car-stackers.

Clients

Purposefully refurbished, multi-level facility with premium amenities in an unbeatable location.

Commercial kitchen

Café

Meeting rooms

Training rooms

Class 9B classification

On-premise Liquor Licence

Internal lift

Polished concrete floors

Male and female toilets on each level
Ambulant toilets on ground floor and level 1

Shower facilities
Laundry
Built-in storage on all levels

Roof access

138 Solar panels
60mm gas supply

Excellent natural light from three sides

City views

Easy access to public transport

Mixed-use zoning and air-rights (STCA)

Access to 200sqm safe shared external outdoor courtyard
Undercover bicycle parking
Structural footings allowing additional levels (STCA)
3-phase electrical supply with excess capacity available
High-access truck roller-door
Fenced waste refuse area
Grease trap with external extraction facility
Modern compactus for secure equipment and document storage
Attic storage with pull-down stair access
Exposed trusses and riveted beams in semi-open planned administration area
Fire sprinkler system, smoke alarm and evacuation system
Full high-definition colour CCTV security system with monitoring and remote access
Salto access control system with remote access
Extensive internet/ethernet wiring and multiple WIFI routers

With a partial internal lease to Serve It Up, a long-established RTO (registered training organisation), the purchaser has the potential to purchase with or without the lease in place. The Hunters & Disciples café on the ground floor is offered with vacant possession, offering a unique owner/occupier opportunity, a variety of uses or additional income potential. Surrounded by an abundance of retail and lifestyle amenity including Errol Street Retail Precinct, Queen Victoria Market (QVM) and Flagstaff Gardens all within convenient walking distance. Current net income of $306,000 + GST + Outgoings .

Endorsed Plans

Location

This property is highly accessible by multiple transportation networks and major arterials, with easy access to the Docklands, Melbourne CBD and Greater Melbourne. West Melbourne is undergoing exponential growth, with increasing demand for flexible residential and commercial spaces. This property offers a rare combination of location, infrastructure, and versatility - making it a smart investment for forward-thinking buyers.

North Melbourne Station

Dryburgh Street

Bus Interchange

3 min walk

North Melbourne Railway

Station

3 min walk

Errol Street/Victoria Street Tram Stop

8 min walk

VERSATILE - ACCESSIBLE - FUTURE-READY

Registered RTOs for sale

Due to a cut in State Government Funding, we are in the process of closing our RTOs. As a result, we have two well-established RTOs with clean audit histories available for acquisition. Please review the details below and contact Rohan on 0419557773 or rohan@iascend.com.au to discuss further.

Melbourne College of Further Education (MCFE) RTO 21340 CRICOS 02961A

Registered with ASQA to 31.12.2032 (national registration)
Website - www.mcfe.com.au
Scope - https://training.gov.au/organisation/details/21340/qualifications
1. Main courses
  1. Cert III & Diploma of Early Childhood Education and Care
  2. Cert IV School based education support
  3. Cert III Individual Support
  4. Business Cert III, IV and Diploma
  5. Cert II - Advanced Diploma Hospitality and commercial cookery qualification
  6. Cert IV Leadership & Management
  7. Cert III and IV WHS
Held skills first funding contracts for over 20 years (2026 not issued due to government prioritising TAFE; we expect this to change in coming years)
Current CRICOS registration https://cricos.education.gov.au/Institution/InstitutionDetails.aspx?ProviderCode=02961A
Clean audit history.

Serve It Up Hospitality RTO 22542

Registered with VRQA to 31.12.2026
Website - www.serveitup.com.au
Scope - https://training.gov.au/organisation/details/22542/qualifications
Main courses
1. RSA
2. Food handlers
3. Coffee and Bar short courses
4. Cert III and IV Hospitality
5. Cert IV Leadership & Management
6. Cert III WHS
Held skills fist funding contracts from 2013 - 2025 (2026 not issued due to government prioritising Tafe, we will expect this to change in coming years)
Clean audit history

Contact

Contact Us

Private Sale

Information provided herein is believed to be accurate at the time of publishing. No responsibility is taken for any errors or omissions. It is the responsibility of the purchaser to obtain independent professional advice and verification.

To arrange a tour or for further enquiries, please contact:

e: simone@iascend.com.au

m: 0419559410

e: rohan@iascend.com.au

m: 0419557773
39, 617-643 Spencer Street, West Melbourne, VIC 3003