45 Steel Street,
North Melbourne, VIC 3051
Warehouse, Factory & Industrial • Development Sites & Land • Showrooms & Large Format Retail
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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
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, 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 51 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 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, 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 51 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 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: 27 Nov 2024
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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