The Terraces

34 Eastern Road, South Melbourne, VIC
Under construction / Commercial

Created with acclaimed architects, Fieldwork, The Terraces is the latest in a series of high-profile Fortis developments in the burgeoning South Melbourne commercial market. With an estimated end value of $50 million, the architectural vision delivers seven floors of premium-grade office space with a total NLA of 3,890sqm, including a 252sqm activated ground-floor retail precinct. Tenants will also enjoy private end-of-trip facilities and landscaped balconies on selected levels with unobstructed views of the CBD.


The site

2km from the city centre and a short stroll from Kings Way and the St. Kilda Road office precinct, The Terraces is a prestigious city-fringe location with direct access to Melbourne’s major arterial roads and key business districts. Occupying one of South Melbourne’s most desirable street frontages, the 855sqm site offers excellent proximity to multiple tram routes, the future ‘ANZAC’ Metro Station (currently under construction), Coventry Street and Clarendon Street retail districts, as well as Albert Park Lake and the historic South Melbourne Markets.

  • Site area

  • Number of levels

  • Project end value

  • Completion date

    Q2 2024

The central location gives tenants direct access to the city centre, West Gate Freeway and St Kilda Road office precinct. Albert Park Lake is a flat 200-metre stroll to the south, while the Royal Botanical Gardens and historic South Melbourne Markets are also within easy reach.

Prestigious city-fringe location

Nearby amenities

  1. 1Bells Hotel
  2. 2JAMES
  3. 3ST. ALi Coffee Roasters
  4. 4Body Fit
  5. 5Albert Park Lake
  1. 1Coles
  2. 2Peko Peko
  3. 3Royal Botanic Gardens
  4. 4South Melbourne Market
  5. 5Coppersmith Hotel
  1. 1ANZAC Railway Station
  2. 2Melbourne Sports & Aquatic Centre
  3. 3O'Connell's Hotel
  4. 4Botanical Hotel
  5. 5Carousel

For commercial leasing enquiries please contact Matt Cosgrave on 0409 511 684, or enter your details below and he will get in touch.

The Terraces