Stonebridge Property Group, in conjunction with Wilson Commercial, are pleased to present for sale 309-317 Queensberry Street, North Melbourne via Public On-site Auction.
The key highlights of the opportunity include:
- One of Melbourne's most attractive city fringe freehold investments with unrivalled fundamentals, income and potential for immense growth
- The unmissable 610 sqm* building enjoys 59 m* of triple street frontage providing valuable business exposure and an added level of flexibility for future development outcomes (STCA)
- Flexible lease structures and short-term holding income offer potential to occupy from 2027 or capitalise on major rental uplift
- Exciting future development/land bank opportunities with the property benefiting from one of Melbourne's most generous zonings (Capital City Zone 5)
- Positioned on the edge of the CBD grid, just 250 m* from the globally recognized Queen Victoria Markets (that enjoys 10,000,000* + visitors annually)
- Set to benefit from major surrounding infrastructure projects, notably the $1.7 billion* Queen Victoria Market upgrade that is expected to deliver 4000* new jobs and 20,000* new residents - an exciting driver of retail trade for local business
- Holding annual income of $111,340* + GST
309-317 Queensberry Street, North Melbourne is offered for sale via Public On-site Auction on Wednesday 12th June 2024 at 10:30am (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Stonebridge Property Group:
Nic Hage
0448 782 594
Dylan Kilner
0459 396 341
Rorey James
0439 400 081
Chao Zhang
0411 625 068
Wilson Commercial:
Alan Watson
0434 398 818
Adam Guest
0425 288 888
* Approximately
Property Code: 960
