41 O'Connell Street,
North Melbourne, VIC 3051
Offices • Development Sites & Land • Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 41 O'Connell Street
'City Edge Ripper'
- Residential development opportunity (STC
- Currently leased as a warehouse/ office
- Income $47,227 p.a. net (approx)
This stunning red brick building on O'Connell Street, North Melbourne is an ideally located office/ warehouse with abundant local amenities or provides an investment/ development opportunity for residential conversion (stca).
The property is currently leased as a warehouse/ office by a short term tenant returning $47,227 p.a. net (approx) and comprises features rare to come by such as large open plan area, internal exposed brick, cathedral ceilings and lock-up garage to house approx. 3 cars.
Amenities in close proximity include four tram services, Flagstaff Gardens and the Queen Victoria Market within 1-2 blocks, and a ten minute walking distance to either Flagstaff or Melbourne Central Station.
The property is currently leased as a warehouse/ office by a short term tenant returning $47,227 p.a. net (approx) and comprises features rare to come by such as large open plan area, internal exposed brick, cathedral ceilings and lock-up garage to house approx. 3 cars.
Amenities in close proximity include four tram services, Flagstaff Gardens and the Queen Victoria Market within 1-2 blocks, and a ten minute walking distance to either Flagstaff or Melbourne Central Station.
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
41 O'Connell Street
North Melbourne, VIC 3051
Alexander Robertson - MelbourneLevel 3, 100 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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