OVERVIEW

Cushman & Wakefield are delighted to present for sale an exceptional boutique warehouse offering in North Melbourne, a superb asset providing the ultimate flexibility in a location set to boom.

1 Stawell Street & 8 Munster Terrace, North Melbourne comprises the following key attributes:

·       Positioned on the northwest fringe of the Melbourne CBD, a precinct is widely considered the ‘sleeping giant’ location of Melbourne, set for enormous growth and development as witnessed in South Melbourne, Cremorne, and Collingwood over the past two decades.

·       An extremely versatile asset, the building accommodates or two distinct tenancies, each with separate access, individual street address and prominent frontage to 1 Stawell Street and 8 Munster Terrace, North Melbourne.

·       Offered with Vacant Possession, the two-level, solid brick warehouse of 386sqm* is underpinned by 233sqm* of prime North Melbourne land. High ceilings, abundant natural light and dual roller door loading access.

·       Favourable Special Use Zoning (SUZ) permits a variety of potential uses including office, industrial, residential, retail, food & beverage (F&B), ensuring a wide range of value-add, diversification and redevelopment possibilities (STCA).

·       Enjoy unparalleled access to public transport and key lifestyle destinations, including Arden Train Station (400m), North Melbourne Train Station (400m), Errol Street Retail & Shopping Village (650m*), and the Melbourne CBD (1.5km*).

·       Situated in the heart of the Arden Renewal Precinct, a rapidly evolving employment, innovation and transport hub set to accommodate 34,000 jobs and 15,000 new residents, a thriving new neighbourhood.

·       Genuine development potential to capitalise on the high-demand location, driven by close proximity leading universities, Queen Victoria Market and world-class biomedical precinct.

·       Owner occupy, invest, sub-lease, reposition, or redevelop! A remarkably flexible opportunity to capitalise on Melbourne’s next boom property cycle.

For Sale by Private Sale.

For further information or to arrange a private inspection, please contact Cushman & Wakefield as the exclusive selling agents.

Cushman & Wakefield

Anthony Kirwan | +61 431 952 430

Raphael Favas | +61 435 916 380

George Davies | +61 421 799 489