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Ryder Commercial Pty Ltd - Melbourne

618-622 Queensberry Street North Melbourne, VIC 3051

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618-622 Queensberry Street,
North Melbourne, VIC 3051

Warehouse, Factory & Industrial • Development Sites & Land • Shops & Retail
Added 1 day ago

Key property information

Land area

Floor area

Parking info

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$68,640
Number of Tenants
1 Tenant

Auction

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Ryder Commercial Pty Ltd - Melbourne
David Gibellini
Paul Sberna

Ryder Commercial Pty Ltd - Melbourne

Level 8, 350 Queen Street
MELBOURNE, VIC 3000
Ryder Commercial Pty Ltd - Melbourne
618-622 Queensberry Street
North Melbourne, VIC 3051

Map of 618-622 Queensberry Street

Directions
  • Train stations within 5 km of 618-622 Queensberry Street, North Melbourne, VIC 3051Distance
    Arden Station527 m
    North Melbourne Station686 m
    Parkville Station1 km
    Macaulay Station1.2 km
    Flagstaff Station1.3 km
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  • Tram stops within 5 km of 618-622 Queensberry Street, North Melbourne, VIC 3051Distance
    14-Abbotsford St/Queensberry St (North Melbourne)98 m
    14-Queensberry St/Abbotsford St (North Melbourne)101 m
    13-Curzon St/Queensberry St (North Melbourne)102 m
    15Arden StAbbotsford St North Melbourne211 m
    12-North Melbourne Town Hall/Queensberry St (North Melbourne)228 m
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  • Bus stops within 5 km of 618-622 Queensberry Street, North Melbourne, VIC 3051Distance
    O'Shanassy St/Errol St (North Melbourne)401 m
    Isentia Melbourne439 m
    Curzon StHaines St449 m
    Abbotsford St/Spencer St (West Melbourne)461 m
    North Melbourne Railway Station Spencer St469 m
    POWERED BY HERE ©
POWERED BY HERE ©

OCCUPY, VALUE ADD or REPURPOSE

  • Dual street frontages
  • Growth location
  • Potential and position
Premier main road city-fringe location in North Melbourne boasting excellent connectivity via multi public transport options and major road linkages.

Unlock the potential of this prominent North Melbourne warehouse. A versatile building that is perfectly positioned for immediate success.

+ Occupy: Move straight into a spacious, well-equipped warehouse near the vibrant Errol Street precinct.
+ Value Add: Enhance the existing structure to maximize capital growth in a booming inner-city market.
+ Repurpose: Leverage the Mixed Use zoning to transform the site into a bespoke office, retail showroom, or modern residential development (STCA).

Building Area: 343 sqm
Land Area: 311 sqm

- Passing income $64,680 pa plus outgoings
- Very favorable Lease Termination Clause
- Dual street frontages
- Lofty timber truss ceilings
- Outstanding location near Melbourne's biomedical precinct, world class education facilities and unbeatable connectivity.

Don't miss this rare chance to secure a strategic main road asset with the CBD just minutes away.

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

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