Cushman & Wakefield & Nicholson Real Estate are delighted to present for sale an exceptional boutique warehouse offering in North Melbourne, a superb asset providing the ultimate flexibility in a location set to boom. 1 Stawell Street & 8 Munster Terrace, North Melbourne comprises the following key attributes: • Positioned on the northwest fringe of the Melbourne CBD, a precinct is widely considered the ‘sleeping giant’ location of Melbourne, set for enormous growth and development as witnessed in South Melbourne, Cremorne, and Collingwood over the past two decades. • An extremely versatile asset, the building accommodates or two distinct tenancies, each with separate access, individual street address and prominent frontage to 1 Stawell Street and 8 Munster Terrace, North Melbourne. • Offered with Vacant Possession, the two-level, solid brick warehouse of 386sqm* is underpinned by 233sqm* of prime North Melbourne land. High ceilings, abundant natural light and dual roller door loading access. • Favourable Special Use Zoning (SUZ) permits a variety of potential uses including office, industrial, residential, retail, food & beverage (F&B), ensuring a wide range of value-add, diversification and redevelopment possibilities (STCA). • Enjoy unparalleled access to public transport and key lifestyle destinations, including Arden Train Station (400m), North Melbourne Train Station (400m), Errol Street Retail & Shopping Village (650m*), and the Melbourne CBD (1.5km*). • Situated in the heart of the Arden Renewal Precinct, a rapidly evolving employment, innovation and transport hub set to accommodate 34,000 jobs and 15,000 new residents, a thriving new neighbourhood. • Genuine development potential to capitalise on the high-demand location, driven by close proximity leading universities, Queen Victoria Market and world-class biomedical precinct. • Owner occupy, invest, sub-lease, reposition, or redevelop! A remarkably flexible opportunity to capitalise on Melbourne’s next boom property cycle. For Sale by On-Site Public Auction on Wednesday 2 April 2025 at 12.30pm. For further information or to arrange a private inspection, please contact Cushman & Wakefield and Nicholson Real Estate as the exclusive selling agents. Cushman & Wakefield Anthony Kirwan | +61 431 952 430 Raphael Favas | +61 435 916 380 George Davies | +61 421 799 489 Nicholson Real Estate Gabriel Mercuri | +61 411 701 133
Cushman & Wakefield - Melbourne
Level 9, 385 Bourke Street, Melbourne, Vic
Nicholson Real Estate - Brunswick East
R1/21 Brunswick Road, Brunswick-East, Vic
รหัสอสังหาริมทรัพย์: 504801068