309 - 317 Queensberry Street, North Melbourne, VIC 3051

Retail | Offices

Sold

  • Property ID: 444428
  • Floor Area: 610m²
  • Land Area: 322m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 12/06/2024 610m2 322m2 Contact Agent
Triple Fronted City Fringe Freehold with Endless Potential

Stonebridge Property Group, in conjunction with Wilson Commercial, are pleased to present for sale 309-317 Queensberry Street, North Melbourne via Public On-site Auction.

The key highlights of the opportunity include:

- One of Melbourne’s most attractive city fringe freehold investments with unrivalled fundamentals, income and potential for immense growth

- The unmissable 610 sqm* building enjoys 59 m* of triple street frontage providing valuable business exposure and an added level of flexibility for future development outcomes (STCA)

- A flexible lease structure and vacant ground floor space offer the potential to occupy immediately or capitalise on major rental uplift

- Exciting future development/land bank opportunities with the property benefiting from one of Melbourne’s most generous zonings (Capital City Zone 5)

- Positioned on the edge of the CBD grid, just 250 m* from the globally recognized Queen Victoria Markets (that enjoys 10,000,000* + visitors annually)

- Set to benefit from major surrounding infrastructure projects, notably the $1.7 billion* Queen Victoria Market upgrade that is expected to deliver 4000* new jobs and 20,000* new residents - an exciting driver of retail trade for local business

309-317 Queensberry Street, North Melbourne is offered for sale via Public On-site Auction on Wednesday 12th June 2024 at 10:30am (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Nic Hage
0448 782 594

Dylan Kilner
0459 396 341

Rorey James
0439 400 081

Chao Zhang ??
0411 625 068

Wilson Commercial:

Alan Watson
0434 398 818

Adam Guest
0425 288 888

* Approximately

Property Code: 960

North Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8026 $137 1.71%
Offices $5632 $340 6.04%
Industrial $9960 $137 1.38%
This is the average advertised price, rent and yield for North Melbourne, VIC 3051*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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