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Tiga Commercial - Melbourne

559-565 Queensberry Street North Melbourne, VIC 3051

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559-565 Queensberry Street,
North Melbourne, VIC 3051

Medical & Consulting • Offices • Development Sites & Land

Price information

Sale

Contact Agent

Key property information

Land area

Floor area

Car spaces

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$762,841
Number of Tenants
2 Tenants
Tenants / Type
Genea & VAU

Private inspections

to arrange a private inspection.
Tiga Commercial - Melbourne
David Sia 谢忠佑
Martin Leong 梁文伟
Griffin Barrett

Tiga Commercial - Melbourne

Level 11, 410 Collins Street
MELBOURNE, VIC 3000
Tiga Commercial - Melbourne
559-565 Queensberry Street
North Melbourne, VIC 3051

Map of 559-565 Queensberry Street

Directions
  • Train stations within 5 km of 559-565 Queensberry Street, North Melbourne, VIC 3051Distance
    North Melbourne Station717 m
    Flagstaff Station1.2 km
    Melbourne Central Station1.4 km
    Macaulay Station1.5 km
    NSW Train Link1.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 559-565 Queensberry Street, North Melbourne, VIC 3051Distance
    12-North Melbourne Town Hall/Errol St (North Melbourne)70 m
    12-North Melbourne Town Hall/Queensberry St (North Melbourne)71 m
    13-Curzon St/Queensberry St (North Melbourne)94 m
    11-Victoria St/Errol St (North Melbourne)216 m
    11-Errol St/Victoria St (Melbourne City)242 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 559-565 Queensberry Street, North Melbourne, VIC 3051Distance
    O'Shanassy St/Errol St (North Melbourne)379 m
    Curzon StHaines St466 m
    Courtney St/Wreckyn St (North Melbourne)473 m
    Dowling PlWreckyn St474 m
    Harcourt StCourtney St478 m
    POWERED BY HERE ©
POWERED BY HERE ©

Fully Leased Landmark Investment Anchored by National Medical Tenant

  • ISLAND SITE WITH 4 STREET FRONTAGES
  • 100% OCCUPIED WITH 3.8 YEAR WALE
  • AMPLE ON-SITE CARPARKS (REAR)
Tiga Commercial is excited to present this outstanding opportunity For Sale at 559-565 Queensberry Street, North Melbourne with the following property highlights:

- Superior two (2) level medical/office building, fully leased to leading national medical tenant, Genea and The Victorian Ambulance Union (VAU) with ample on-site carparks (rear).

- Impressive 1,182sqm* island site and expansive 1,552 sqm* building area, the property boasts four (4) frontages, providing easy access and strong natural light throughout.

- Favourable Mixed-Use Zoning (MUZ), allowing for multitude of uses (STCA)

- Recently upgraded building features including lobby entrance, waiting area, lift, façade refurbishment works, disabled access and amenities on both floors.

- Combined passing rental income of $762,841.46 p.a. plus GST plus Outgoings, with a 3.8-year WALE and additional options respectively.

- Immediate access to Errol Street retail precinct, close proximity to The University of Melbourne, The Royal Women & Children’s Hospitals, Queen Victoria Market, as well as being 1.5km* to the Melbourne CBD grid.

- Surrounded by an array of well-regarded cafés, bars, restaurants, vibrant specialty retail shops, as well as North Melbourne library.

- Unmatched public transport amenity with Queensberry St tram stop at the building’s doorstep, bus links, as well as being 750m* from the upcoming Arden Station (part of $12.6bn Metro Tunnel Project); 900m* from North Melbourne Station; Rear onsite carparks adjoin neighbouring council carparks with approx. 40+ public car spaces.

- 559-565 Queensberry Street, North Melbourne presents as an ideal investment for investors seeking an income-generating asset with substantial landholding, with added potential for future development (STCA) in a booming inner-city location.


For Sale Via Expression of Interest (EOI) Campaign closing Tuesday, 3rd December at 12.00pm (AEDT), unless sold prior.

For more information, please contact the Tiga team:

Griffin Barrett
+61 434 620 3...

Martin Leong 梁文伟
+61 425 699 7...

David Sia
+61 430 111 2...

*Approximate

Additional information

Property ID: 504697808Last Updated: 31 Oct 2024

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