Colliers International is pleased to present 121 Arden Street, North Melbourne; a high-performing commercial investment positioned walking distance to the new Metro Rail Network (under construction) and on the cusp of Melbourne’s CBD.

THE OFFERING
- Newly refurbished, ground floor retail and office investment spanning 389m² GBA;
- Leased to two strong and established businesses; APEX Homes Australia and Ausmed Education;
- Strong rental returns with a combined net passing income of $106,950 p.a. and fixed 3.00% increases;
- Dominant Arden Street frontage of 20m* providing excellent exposure, multiple points of access and tenancy flexibility;

THE LOCATION
- Arden Street is renowned as the home of North Melbourne Football Club; the precinct is dotted with parklands, destination cafes, pubs and has been a focal point of recent development;
- Arden Street links Abbotsford Street’s tram network and Errol Street’s 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*.

A premium investment in the “Arden Precinct”, securely leased with long term upside; an opportunity not to be missed.

*data sourced from the Victorian Planning Authority (VPA).

For Sale by Private Treaty

To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents.