Colliers International and Nardella Real Estate are pleased to present these two inner-city warehouses comprising the following key attributes:
4 LOTHIAN STREET, NORTH MELBOURNE
- A single-storey, brick office-warehouse situated on 220sqm* of land;
- Functional layout of 213sqm* GBA;
- Broad frontage of 8.75m* to Lothian Street plus rear frontage to Little Lothian Street;
- Zoned Mixed-Use suiting a wide array of uses;
- Current fit out includes office space and warehousing;
- Offered with short term holding income of $45,000 + GST p.a. net;
- Tenant liable for outgoings + land tax
- Highly suited towards occupiers, value-add investors and developers.
6 LOTHIAN STREET, NORTH MELBOURNE
- A single-storey, brick office-warehouse situated on 220sqm* of land;
- Functional layout of 213sqm* GBA;
- High exposure frontage of 8.76m* to Lothian Street plus rear frontage to Little Lothian Street;
- Zoned Mixed-Use suiting a wide array of uses;
- Quality fit out suiting office and the arts providing flexible future tenancy options;
- Offered with short term holding income of $45,000 + GST p.a. net;
- Tenant liable for outgoings + land tax
- Highly suited to occupiers, value-add investors and developers.
THE LOCATION
- North Melbourne is a bustling inner-city precinct; the suburb is dotted with parklands, destination cafes, pubs and has been a focal point of recent development;
- Lothian street is walking distance to Abbotsford Streets tram network and Errol Streets historic retail village;
- Linkage to Melbourne's public transport network, includes the 57 Tram just metres from the doorstep and North Melbourne Train Station providing direct access to the CBD.
FUTURE PROOF
- Metres from the Metro Rail Network, Victoria's largest infrastructure project; at a total cost of $11b, the project is currently under construction and slated for delivery by 2025;
- The new North Melbourne Train Station will provide a link to the University and Biomedical Precincts, along with a cross-town connection further solidifying North Melbourne's status as a future proof location;
- Set to benefit from the Arden Urban Renewal Project, accommodating for an additional 34,000 jobs and 15,000 residents across the precinct by 2051*.
*approx.
EOI Closed Offers Under Review
To arrange an inspection or for more information please contact Colliers International and Nardella Real Estate as the exclusive selling agents.
Colliers International
Oliver Hay | +61 419 528 540
Dave Walker | +61 439 889 048
Leon Ma | +61 417 070 725
Nardella Real Estate
Ray Nardella | +61 418 348 530