Highly Versatile Warehouse in a Booming North Melbourne City Fringe Location

Showrooms/Bulky Goods - North Melbourne VIC

For Sale by On-Site Public Auction on Wednesday 2 April 2025 at 12.30pm.

• Strategic City Fringe Location
• Versatile Dual-Tenancy Asset
• 400m to Arden & North Melb Train Station
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.

• Favorable 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 neighborhood.

• Genuine development potential to capitalize 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 capitalize on Melbourne’s next boom property cycle.

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 0431 952 430

Nicholson Real Estate Gab Mercuri 0411701133