73 - 75 Peel Street,
West Melbourne, VIC 3003
Offices • Shops & Retail • Other
Key property information
Land area
Floor area
Car spaces
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Map of 73 - 75 Peel Street
Dual-Level Freehold Building Opposite World-Renowned Queen Victoria Market
- Holding Income – Invest/Occupy/Repurpose
- 306 sqm* Freehold Building
- High Exposure Asset – Signage Ability
Stonebridge Property Group is pleased to present 73-75 Peel Street, West Melbourne, offered for sale via Public On-site Auction.
73-75 Peel Street, West Melbourne, is an unmissable freehold office/retail building directly opposite the globally recognised Queen Victoria Market with holding income.
Key highlights of the property include:
- A prime 306 sqm* city fringe freehold building with modern and creative fit-out in place, polished concrete flooring, abundant natural light via multiple skylights, and dual access points to the ground and first floors
- Expansive street presence with 12.48 m* of frontage, providing valuable business exposure and enhanced flexibility for future development outcomes (STCA)
- Ability to split into multiple tenancies via 2 x existing separate access points, ideally suited for a combination of office, retail and hospitality uses
- Ideal for future potential vertical hospitality noting high exposure and pedestrian traffic
- Strategically positioned on the edge of the CBD grid, directly opposite the globally recognised Queen Victoria Market (that enjoys 10,000,000+ visitors annually) and just 600 m* from the Melbourne Central Shopping Centre
- Accompanied by 3 on-site car parks via exclusive laneway, a rarity in this pocket of West Melbourne
- Schedule 32 to the Design and Development Overlay allows for a height limit on the site of up to 14 metres, creating the opportunity for future development upside (STCA)
- Set to benefit from major surrounding infrastructure projects, notably the $1.7 billion Queen Victoria Market upgrade that is expected to deliver 4,000 new jobs and 20,000 new residents - an exciting driver of retail trade for local business
- Seamless connectivity via tram routes along Peel, Victoria, and Elizabeth Streets, plus proximity to Flagstaff Train Station (650 m*) and Melbourne Central Train Station (600 m*)
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Dylan Kilner
0459 396 3...
Max Warren
0488 296 8...
Chao Zhang 张超0411 625 0...
Chao Zhang: 如需任何中文咨询，请联系我们亚洲业务团队的Chao Zhang 张超，联系电话：0411 625 0...，并可随时加他的微信（微信号：chaozeee）。
*Approximately
Property Code: 1363
73-75 Peel Street, West Melbourne, is an unmissable freehold office/retail building directly opposite the globally recognised Queen Victoria Market with holding income.
Key highlights of the property include:
- A prime 306 sqm* city fringe freehold building with modern and creative fit-out in place, polished concrete flooring, abundant natural light via multiple skylights, and dual access points to the ground and first floors
- Expansive street presence with 12.48 m* of frontage, providing valuable business exposure and enhanced flexibility for future development outcomes (STCA)
- Ability to split into multiple tenancies via 2 x existing separate access points, ideally suited for a combination of office, retail and hospitality uses
- Ideal for future potential vertical hospitality noting high exposure and pedestrian traffic
- Strategically positioned on the edge of the CBD grid, directly opposite the globally recognised Queen Victoria Market (that enjoys 10,000,000+ visitors annually) and just 600 m* from the Melbourne Central Shopping Centre
- Accompanied by 3 on-site car parks via exclusive laneway, a rarity in this pocket of West Melbourne
- Schedule 32 to the Design and Development Overlay allows for a height limit on the site of up to 14 metres, creating the opportunity for future development upside (STCA)
- Set to benefit from major surrounding infrastructure projects, notably the $1.7 billion Queen Victoria Market upgrade that is expected to deliver 4,000 new jobs and 20,000 new residents - an exciting driver of retail trade for local business
- Seamless connectivity via tram routes along Peel, Victoria, and Elizabeth Streets, plus proximity to Flagstaff Train Station (650 m*) and Melbourne Central Train Station (600 m*)
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Dylan Kilner
0459 396 3...
Max Warren
0488 296 8...
Chao Zhang 张超0411 625 0...
Chao Zhang: 如需任何中文咨询，请联系我们亚洲业务团队的Chao Zhang 张超，联系电话：0411 625 0...，并可随时加他的微信（微信号：chaozeee）。
*Approximately
Property Code: 1363
West Melbourne, 3003 demographic data
The median household income for West Melbourne is $1,788, 6% lower than Greater Melbourne's household income of $1,901. West Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 31 vs 37). Property ownership data shows 61% of property owners in West Melbourne have a mortgage.
8,025
Population
$1,788 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households
73 - 75 Peel Street
West Melbourne, VIC 3003
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
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