AUCTION ON-SITE: WEDNESDAY 7TH AUGUST AT 12:30PM

ICR Property Group are delighted to present to you a not to be missed owner occupier or investment city fringe office opportunity at 329 Queensberry Street, North Melbourne.

This two-level brick building will see unprecedented growth in the coming years directly benefiting from the adjacent approved development and projects which includes:

1. Arden-Macaulay Renewal Project (new North Melbourne Train Station set to open in 2025)
2. $450m Queen Victoria Re-Development Program (5-year program)
3. $750m Elizabeth North Project in Biomedical Precinct

North Melbourne will be transformed into a whole new vibrant community and growth suburb, focused on new infrastructure and housing, innovation, investment and employment.

Be a part of that transformation with 329 Queensberry Street. It’s your chance to capitalise on this rare opportunity.

Key features of this Asset include:
- Land area: 118 sqm*
- Building area: 240 sqm*
- Located in one of Melbourne’s fastest growth areas
- Two-level well-presented office with flexible layout
- Rear access via Meeks Lane
- Suitable for a mixed-use office development (STCA)
- Air conditioning
- Kitchenette
- Vacant possession
- Capital City Zoning Schedule 5 (CCZ5)

Locations and amenities within walking distance:
- Tram 58 Peel Street: 1 min walk*
- Queen Victoria Market: 3 min walk*
- New North Melbourne Train Station: 7 min walk*
- Biomedical Precinct: 7 min walk*
- Royal Exhibition Building: 8 min walk*
- Melbourne CBD: 9 min walk*
- Flagstaff Gardens: 9 min walk*
- RMIT University: 10 min walk*
- Melbourne Central Train Station: 11 min walk*
- Melbourne University: 16 min walk*
*Approx.

The Outgoings are as follows:
Land Tax - $2,450*
Council Rates - $3,322*
Water Rates - $1,011*

To request due diligence documents or to organise a private inspection, contact one of ICR’s Exclusive Sales Agents below.

Raff De Luise – 0418 533 633

Julian Materia – 0498 188 011

Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate for over 20 years.