CBD West (Spencer Street)'s tenant base is anchored by banking, government, professional services, transport hqs.

• Tier: trophy.
• Tenant character: Established trophy with rail anchor.
• Average rent: A$800/sqm/yr · ≈ $48.3 PSF/yr USD.

TL;DR

• Tier: trophy.
• Tenant character: Established trophy with rail anchor.
• Average rent: A$800/sqm/yr · ≈ $48.3 PSF/yr USD.

Who clusters here

Banking, government, professional services, transport HQs.

What that means for newcomers

Newcomers to CBD West (Spencer Street) should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in CBD West (Spencer Street)?

Banking, government, professional services, transport HQs.

Related

• CBD West (Spencer Street) — submarket overview
• Melbourne — full city profile
• Melbourne submarkets — all
• CBD West (Spencer Street) — Rents
• CBD West (Spencer Street) — Transit
• CBD West (Spencer Street) — Amenity
• CBD West (Spencer Street) — Buildings

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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