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3-7 Union Street North Melbourne, VIC 3051

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3-7 Union Street,
North Melbourne, VIC 3051

Warehouse, Factory & Industrial • Development Sites & Land • Offices

Key property information

Land area

Floor area

Tenure type

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Map of 3-7 Union Street

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Prized North Melbourne Warehouse - $2,300,000 +

  • 373sqm* High Clearance Warehouse
  • 18.56m* of Union Street Frontage
  • 1km* from the Melbourne CBD
FOR SALE: 3-7 Union Street

JUST SOLD: 5 Danaher Lane

JLL Melbourne & ASL have the privilege of offering for sale the remaining portion of this excellent North Melbourne opportunity on the cusp of the CBD at 3-7 Union Street, North Melbourne.

Key details of the opportunity include:

+ Prized 373sqm* landholding on the cusp of the Melbourne CBD
+ 18.56metres* of prime Union Street frontage
+ Warehouse currently returning $52,000p.a* on a monthly tenancy
+ Existing improvements offer the ideal owner-occupation and/or investment opportunity
+ Tram stop on Queensberry Street and a short walk to both North Melbourne and the future Arden Train Stations
+ Immense growth to come from nearby Arden Precinct (future home to 34,000 workers and 15,000 residents)^
+ Ideally located moments from boutique Errol Street Retail Village and close to Melbourne’s renowned Queen Victoria Market (approved for a $1.7bn development)

*Approx.
^ Development.Vic

https://www.development.vic.gov.au/projects/arden?page=overview

3-7 Union Street, North Melbourne is For Sale with an asking price of $2,300,000 +

To obtain further information or to arrange an inspection, please contact the selling agents below.

ASL Real Estate

Anthony Tregear | 0417 999 057

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
03 9855 60...
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3-7 Union Street
North Melbourne, VIC 3051
ASL Real Estate - Kew
130 High Street
KEW, VIC 3101

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