502 Queensberry Street,
North Melbourne, VIC 3051
Shops & Retail • Development Sites & Land • Offices
Detailed listing
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WB Simpson & Son
30 Errol StreetNORTH MELBOURNE, VIC 3051
04022230...
502 Queensberry Street
North Melbourne, VIC 3051
Detailed listing
Map of 502 Queensberry Street
A Local North Melbourne Institution
For Sale by Expressions of Interest Closing Wednesday 28 June 2023 at 2 pm.
This grand two story Victorian Shop and Dwelling, formerly used as a restaurant for many years, offers ultimate flexibility to continue its food & beverage history, begin a new retail venture, provide a strong rental return for investors or for owner occupiers to convert to a full residential use. A local North Melbourne institution, the building boasts a wide frontage of close to 6 m, significant restaurant/retail space, full commercial kitchen, first floor dwelling with 2-3 bedrooms, kitchen and bathroom with both internal and external access and rear off street parking for 2 cars. Brilliantly located on Queensberry Street just across from the North Melbourne Town Hall and busy Errol Street the property boasts a site area of 208 sqm (approx), is situated in the highly sought after Mixed Use Zone and offers the ability to add value throughout. You cannot afford to let this opportunity pass. The property is being sold with vacant possession and on flexible settlement terms. Inspect by appointment.
This grand two story Victorian Shop and Dwelling, formerly used as a restaurant for many years, offers ultimate flexibility to continue its food & beverage history, begin a new retail venture, provide a strong rental return for investors or for owner occupiers to convert to a full residential use. A local North Melbourne institution, the building boasts a wide frontage of close to 6 m, significant restaurant/retail space, full commercial kitchen, first floor dwelling with 2-3 bedrooms, kitchen and bathroom with both internal and external access and rear off street parking for 2 cars. Brilliantly located on Queensberry Street just across from the North Melbourne Town Hall and busy Errol Street the property boasts a site area of 208 sqm (approx), is situated in the highly sought after Mixed Use Zone and offers the ability to add value throughout. You cannot afford to let this opportunity pass. The property is being sold with vacant possession and on flexible settlement terms. Inspect by appointment.
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
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Most households
WB Simpson & Son30 Errol Street
NORTH MELBOURNE, VIC 3051
NORTH MELBOURNE, VIC 3051
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