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CVA Property Consultants - Melbourne

11 & 15-19 Gracie Street North Melbourne, VIC 3051

11 & 15-19 Gracie Street,
North Melbourne, VIC 3051

Development Sites & Land • Offices • Warehouse, Factory & Industrial
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CVA Property Consultants - Melbourne
Craig McKellar
Matt Knox
Ian Angelico

CVA Property Consultants - Melbourne

18-20 Russell Street
MELBOURNE, VIC 3000
CVA Property Consultants - Melbourne
11 & 15-19 Gracie Street
North Melbourne, VIC 3051

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CORNER FREEHOLD IN URBAN RENEWAL PRECINCT

EXPRESSIONS OF INTEREST | FOR SALE OR LEASE | CLOSING TUESDAY 17TH MARCH AT 3PM 

POINT OF INTEREST

Superbly positioned at the intersection of Gracie Street and Reynolds Street, this high-profile city-fringe freehold offers a rare opportunity to secure a substantial two-level commercial building of 832sqm* on a generous dual-title landholding of 1,068sqm*.

Sitting on the edge of the Arden Urban Renewal Precinct and directly connected to Melbourne’s biomedical and innovation ecosystem, the property combines scale, exposure, parking and long-term development upside (STCA) just 2.9km from the CBD*.

Boasting excellent connectivity and within walking distance to the new Arden Station, part of the Metro Tunnel, the property offers outstanding potential for owner-occupiers, investors, or developers (STCA) seeking to capitalise on its strategic location and flexible configuration.

- Total land area of 1,068sqm* over two titles.
- Building area of 832sqm*.
- Provision for 16 on-site car spaces*.
- High-profile corner freehold with commanding dual street frontage.
- Sophisticated Schiavello office fit-out with excellent natural light.
- Loading & roller door access via Reynolds Street.
- Opportunity to create storage / industrial space with high ceilings.
- Existing short term tenancies. 
- Zoned Special Use Zone – Schedule 7.
- Strong development and mixed-use upside within the Arden Renewal Precinct (STCA).
- 10-minute walk to the Arden Metro Tunnel station.
- 400m* to Macaulay Railway Station.
- 900m* to CityLink on-ramp.
- Close to Flemington Road, Dynon Road and West Gate Freeway access.
- Only 3km* from Melbourne’s CBD core.
- Parks and lifestyle amenity nearby including Clayton Reserve and Royal Park.

POINT OF VIEW

Secure a rare city-fringe freehold offering scale, exposure and long-term relevance — a cornerstone opportunity within one of Melbourne’s most dynamic renewal precincts.

*Approx.
Pricing excludes GST

North Melbourne, 3051 demographic data

The median household income for North Melbourne is $1,717, 10% lower than Greater Melbourne's household income of $1,901. North Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 31 vs 37). Property ownership data shows 57% of property owners in North Melbourne have a mortgage.

14,953
Population
$1,717 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households