Added today
45 Steel Street,
North Melbourne, VIC 3051
Warehouse, Factory & Industrial • Development Sites & Land • Showrooms & Large Format Retail
Added today
Price information
Sale - Expression of Interest closing Wed 6 Nov
Contact City Fringe Sales team today
Key property information
Land area
Floor area
Property extent
Tenure type
Expression of Interest
Private inspections
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Cushman & Wakefield - Melbourne
Level 9, 385 Bourke StreetMELBOURNE, VIC 3000
45 Steel Street
North Melbourne, VIC 3051
Map of 45 Steel Street
Train stations within 5 km of 45 Steel Street, North Melbourne, VIC 3051 Distance Macaulay Station 187 m Kensington Station 631 m Flemington Bridge Station 912 m South Kensington Station 1.1 km Newmarket Station 1.2 km POWERED BY HERE ©Tram stops within 5 km of 45 Steel Street, North Melbourne, VIC 3051 Distance 23-Stubbs St/Racecourse Rd (Flemington) 767 m 22-Boundary Rd/Racecourse Rd (North Melbourne) 811 m 17-Canning St/Abbotsford St (North Melbourne) 820 m 20-Melrose St/Flemington Rd (North Melbourne) 837 m 16-Haines St/Abbotsford St (North Melbourne) 849 m POWERED BY HERE ©Bus stops within 5 km of 45 Steel Street, North Melbourne, VIC 3051 Distance Boundary RdCanning St 194 m Albermarle St/Macaulay Rd (Kensington) 338 m Melrose St/Canning St (North Melbourne) 361 m Dryburgh StShiel St 634 m Kensington Railway StationMacaulay Rd 667 m POWERED BY HERE ©
POWERED BY HERE ©
High Clearance Modern Warehouse Office to Occupy, Invest, or Develop
- Booming city fringe location
- The ultimate flexibility
- Strong short-term holding income
Cushman & Wakefield City Fringe Sales are excited to present for sale 45 Steel Street, North Melbourne, a magnificent warehouse office in a prime city fringe location poised for significant growth.
Key attributes include:
-Positioned in a rapidly evolving and recently re-zoned precinct only 2.4km north west of the Melbourne CBD, with immediate proximity to Macaulay Train Station (170m*), major arterials and City Link (1km*).
-45 Steel Street is a versatile and future-proof modern warehouse with a total building area of 453sqm* across a 371sqm* land parcel.
-The property comprises column free warehousing with internal kitchenette and bathroom facilities, spacious mezzanine storage area and side laneway access.
-Significant street frontage of 14.9m*, providing excellent visibility for occupiers or tenants, together with a generous maximum clearance of 8.2 metres*.
-Currently leased to international healthcare solutions and equipment specialist, ‘Rauland Australia Pty Ltd’, with a passing net income of $110,000 + GST + Outgoings p.a., providing strong short-term cash flow until 30 June 2025.
-Plans exist for a 3-level extension addition, highlighting significant immediate development potential. Current planning controls have been recently increased to permit for a height limited of 64 metres.
-The amenity rich location provides a superb working environment including Clayton Reserve Park (200m*) multiple cafes within walking distance, Woolworths North Melbourne (300m*), and more.
-Your opportunity to secure a slice of one of Melbourne’s most anticipated urban renewal areas, the Arden Precinct. Primed for owner occupation, astute investment, land banking and development.
For Sale by International Expressions of Interest closing Thursday 6 November 2024 at 12.00pm (AEDT).
For more information, please contact Cushman & Wakefield as the exclusive selling agent.
Cushman & Wakefield
Anthony Kirwan | +61 431 952 4...
George Davies | +61 421 799 4...
Raphael Favas | +61 435 916 3...
Key attributes include:
-Positioned in a rapidly evolving and recently re-zoned precinct only 2.4km north west of the Melbourne CBD, with immediate proximity to Macaulay Train Station (170m*), major arterials and City Link (1km*).
-45 Steel Street is a versatile and future-proof modern warehouse with a total building area of 453sqm* across a 371sqm* land parcel.
-The property comprises column free warehousing with internal kitchenette and bathroom facilities, spacious mezzanine storage area and side laneway access.
-Significant street frontage of 14.9m*, providing excellent visibility for occupiers or tenants, together with a generous maximum clearance of 8.2 metres*.
-Currently leased to international healthcare solutions and equipment specialist, ‘Rauland Australia Pty Ltd’, with a passing net income of $110,000 + GST + Outgoings p.a., providing strong short-term cash flow until 30 June 2025.
-Plans exist for a 3-level extension addition, highlighting significant immediate development potential. Current planning controls have been recently increased to permit for a height limited of 64 metres.
-The amenity rich location provides a superb working environment including Clayton Reserve Park (200m*) multiple cafes within walking distance, Woolworths North Melbourne (300m*), and more.
-Your opportunity to secure a slice of one of Melbourne’s most anticipated urban renewal areas, the Arden Precinct. Primed for owner occupation, astute investment, land banking and development.
For Sale by International Expressions of Interest closing Thursday 6 November 2024 at 12.00pm (AEDT).
For more information, please contact Cushman & Wakefield as the exclusive selling agent.
Cushman & Wakefield
Anthony Kirwan | +61 431 952 4...
George Davies | +61 421 799 4...
Raphael Favas | +61 435 916 3...
Property ID: 504703520Last Updated: 3 Oct 2024
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000