Tamim Property
Open for investment
TAMIM Property Fund – Queens Road Unit Class
Register your Interest - EOI
New Property Investment Opportunity
Invest in One of Melbourne’s Finest Commercial Properties
11 Queens Road, Melbourne presents a rare opportunity to acquire a freehold commercial office building in Melbourne’s premier St Kilda Road corridor, 3 km south of the CBD. The 12-storey property offers panoramic views over Albert Park Lake to Port Phillip Bay, exceptional natural light across all floors, flexible floorplates, and 121 basement car spaces. The building was comprehensively refurbished in 2023 with a new lobby, gym, end-of-trip facilities and a communal boardroom.
The asset is currently 71.8% occupied with diversified tenancies, generating net passing income of $2.14 million per annum and fully leased net income potential of $3.63 million per annum. A vendor rent guarantee of $600,000 underpins year-one income on existing vacancies. The property sits directly within the catchment of the new ANZAC Station (Metro Tunnel) and is positioned within a precinct undergoing transformative residential redevelopment.
Investment Highlights
Average Distribution Forecast: 8.0% p.a.
Distribution Frequency: Quarterly
Projected IRR: 15.00 to 15.50%*
Min. Investment: $250,000
Open to Wholesale/Sophisticated investors.
*Calculated after management fee & interest payments.
* TAMIM reserves the right to accept applications for lower amounts in its absolute discretion.
Prime Location in the Heart of Melbourne
A 12-storey commercial office building with 121 basement car spaces, on a 2,326 sqm landholding with dual frontages to Queens Road and Queens Lane, located in the heart of the St Kilda Road corridor, Melbourne, Vic.
The office tower was constructed in 1975 and comprehensively refurbished in 2023, including a new lobby, premium end-of-trip facilities, an exclusive gym, and a communal boardroom.
The building has access to basement and ground level car spaces and public transport close by.
Melbourne
Home to approximately 5.4 million residents, Melbourne is experiencing significant growth, driven by both interstate and international migration. As Australia’s cultural and sporting capital, the city consistently ranks among the most liveable globally, earning the title of the 4th most liveable city in 2024. Known for its thriving education sector, Melbourne is also the 5th best student city in the world, with two universities ranked among the global top 100.
Transformational Infrastructure
Melbourne is undergoing a major transformation, supported by an extensive infrastructure pipeline designed to enhance connectivity, boost economic activity, and future-proof the city:
- $34.5 billion Suburban Rail Loop: Improving transport links across Greater Melbourne.
- Metro Tunnel Project ($11 billion): Expanding inner-city rail capacity.
- West Gate Tunnel ($10 billion): Streamlining access to Melbourne’s CBD and western suburbs.
- Melbourne Airport Expansion: Accommodating increasing international traffic.
- $1.7 billion Melbourne Arts Precinct Transformation: Elevating Melbourne’s cultural offerings with world-class venues.
Tenants
Property Highlights
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- High quality diversified tenants including Learning Online, Seymour Whyte, Rubicon Associates, Hacer Pty Ltd and Henkell Freixenet
- WALE of 1.10 years (as at January 2026)
- 8,501 sqm of NLA across 12 storeys
- Well positioned in Melbourne’s prestigious St Kilda Road / Queens Road commercial corridor
- Land holding of 2,326 sqm with dual 30m street frontages to Queens Road and Queens Lane
- Ground floor and basement car parking bays for 121 vehicles
- 1 year rent guarantee on vacancies
Invest in One of Melbourne’s Finest Commercial Properties
Register your interest and secure your stake in TAMIM Property
TAMIM Property solutions are available in an unlisted unit trust structure. Each property deal will entail the establishment of a new Special Purpose Vehicle (SPV) into which you, the investor, can buy units. Minimum investment on any given deal is $250,000 and is available to wholesale/sophisticated investors.