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1-3 Bruce St 1,528 SF Office Condo Units in Kensington, VIC 3031



Investment Highlights
- Flexible acquisition opportunity — buy one, multiple, or all four offices
- Positioned to benefit from the transformative Younghusband precinct development
- Immediate income with two offices leased and further leasing upside
- Suited to owner-occupiers, investors, or future redevelopment (STCA)
4 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 2\PS536188 |
| Sale Conditions | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| APN/Parcel ID | 2\PS536188 |
Description
Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial offering presents a rare opportunity to secure one or multiple premises with exceptional flexibility. Whether seeking to occupy, invest and hold for the long term, or unlock future redevelopment potential, this is a property that adapts to a wide range of strategic objectives.
The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.
The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.
Sale Notes
A rare inner-city opportunity to acquire one, multiple, or all four ground-floor offices within a tightly held precinct. Two units are leased, providing immediate income, with the remaining offices offering leasing or occupation upside. Held under common ownership with no owners’ corporation, the asset suits investors, owner-occupiers, or future redevelopment strategies (STCA). Strategically positioned near CityLink, key rail links, and the evolving Younghusband precinct, just minutes from the CBD.
| Sale Type | Investment or Owner User | APN/Parcel ID | 3\PS536188 |
| Sale Conditions | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| APN/Parcel ID | 3\PS536188 |
Description
Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial offering presents a rare opportunity to secure one or multiple premises with exceptional flexibility. Whether seeking to occupy, invest and hold for the long term, or unlock future redevelopment potential, this is a property that adapts to a wide range of strategic objectives.
The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.
The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.
Sale Notes
Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial holding presents a rare opportunity to acquire one, multiple, or all four offices within a tightly held precinct. The property offers exceptional flexibility, suiting owner-occupiers, investors seeking immediate and future income, or purchasers looking to unlock longer-term redevelopment potential (STCA).
The offering allows buyers to secure individual offices or acquire the entire holding under common ownership, providing a scalable solution rarely available in inner-city markets. Two of the four offices are currently leased, each generating approximately $30,000 per annum, delivering an immediate income stream. The remaining two offices are expected to achieve similar rental levels, underpinning a total anticipated income of approximately $120,000 per annum across the whole property once fully leased. Tenants are responsible for GST and outgoings, and there is no owners’ corporation due to common ownership of all four offices, enhancing efficiency and control.
Set across a flexible landholding and complemented by on-site parking, the property caters to a wide range of strategic objectives—whether to occupy now, invest and hold long-term, or consolidate the site for future redevelopment (STCA).
With the under-construction Younghusband precinct poised to transform the surrounding area and drive increased activity, investment, and amenity, the property is superbly located just metres from CityLink, the Kensington Village lifestyle hub, and Macaulay, Kensington, and South Kensington train stations across three metropolitan rail lines. The Melbourne CBD is only approximately 3.2 kilometres away, further reinforcing the long-term appeal of this exceptional inner-city opportunity.
The offering allows buyers to secure individual offices or acquire the entire holding under common ownership, providing a scalable solution rarely available in inner-city markets. Two of the four offices are currently leased, each generating approximately $30,000 per annum, delivering an immediate income stream. The remaining two offices are expected to achieve similar rental levels, underpinning a total anticipated income of approximately $120,000 per annum across the whole property once fully leased. Tenants are responsible for GST and outgoings, and there is no owners’ corporation due to common ownership of all four offices, enhancing efficiency and control.
Set across a flexible landholding and complemented by on-site parking, the property caters to a wide range of strategic objectives—whether to occupy now, invest and hold long-term, or consolidate the site for future redevelopment (STCA).
With the under-construction Younghusband precinct poised to transform the surrounding area and drive increased activity, investment, and amenity, the property is superbly located just metres from CityLink, the Kensington Village lifestyle hub, and Macaulay, Kensington, and South Kensington train stations across three metropolitan rail lines. The Melbourne CBD is only approximately 3.2 kilometres away, further reinforcing the long-term appeal of this exceptional inner-city opportunity.
| Sale Type | Investment or Owner User | APN/Parcel ID | 4\PS536188 |
| Sale Conditions | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| APN/Parcel ID | 4\PS536188 |
Description
Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial offering presents a rare opportunity to secure one or multiple premises with exceptional flexibility. Whether seeking to occupy, invest and hold for the long term, or unlock future redevelopment potential, this is a property that adapts to a wide range of strategic objectives.
The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.
The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.
Sale Notes
Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial holding presents a rare opportunity to acquire one, multiple, or all four offices within a tightly held precinct. The property offers exceptional flexibility, suiting owner-occupiers, investors seeking immediate and future income, or purchasers looking to unlock longer-term redevelopment potential (STCA).
The offering allows buyers to secure individual offices or acquire the entire holding under common ownership, providing a scalable solution rarely available in inner-city markets. Two of the four offices are currently leased, each generating approximately $30,000 per annum, delivering an immediate income stream. The remaining two offices are expected to achieve similar rental levels, underpinning a total anticipated income of approximately $120,000 per annum across the whole property once fully leased. Tenants are responsible for GST and outgoings, and there is no owners’ corporation due to common ownership of all four offices, enhancing efficiency and control.
Set across a flexible landholding and complemented by on-site parking, the property caters to a wide range of strategic objectives—whether to occupy now, invest and hold long-term, or consolidate the site for future redevelopment (STCA).
With the under-construction Younghusband precinct poised to transform the surrounding area and drive increased activity, investment, and amenity, the property is superbly located just metres from CityLink, the Kensington Village lifestyle hub, and Macaulay, Kensington, and South Kensington train stations across three metropolitan rail lines. The Melbourne CBD is only approximately 3.2 kilometres away, further reinforcing the long-term appeal of this exceptional inner-city opportunity.
The offering allows buyers to secure individual offices or acquire the entire holding under common ownership, providing a scalable solution rarely available in inner-city markets. Two of the four offices are currently leased, each generating approximately $30,000 per annum, delivering an immediate income stream. The remaining two offices are expected to achieve similar rental levels, underpinning a total anticipated income of approximately $120,000 per annum across the whole property once fully leased. Tenants are responsible for GST and outgoings, and there is no owners’ corporation due to common ownership of all four offices, enhancing efficiency and control.
Set across a flexible landholding and complemented by on-site parking, the property caters to a wide range of strategic objectives—whether to occupy now, invest and hold long-term, or consolidate the site for future redevelopment (STCA).
With the under-construction Younghusband precinct poised to transform the surrounding area and drive increased activity, investment, and amenity, the property is superbly located just metres from CityLink, the Kensington Village lifestyle hub, and Macaulay, Kensington, and South Kensington train stations across three metropolitan rail lines. The Melbourne CBD is only approximately 3.2 kilometres away, further reinforcing the long-term appeal of this exceptional inner-city opportunity.
| Sale Type | Investment or Owner User | APN/Parcel ID | 1\PS536188 |
| Sale Conditions | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| APN/Parcel ID | 1\PS536188 |
Description
Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial offering presents a rare opportunity to secure one or multiple premises with exceptional flexibility. Whether seeking to occupy, invest and hold for the long term, or unlock future redevelopment potential, this is a property that adapts to a wide range of strategic objectives.
The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.
The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.
Sale Notes
Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial holding presents a rare opportunity to acquire one, multiple, or all four offices within a tightly held precinct. The property offers exceptional flexibility, suiting owner-occupiers, investors seeking immediate and future income, or purchasers looking to unlock longer-term redevelopment potential (STCA).
The offering allows buyers to secure individual offices or acquire the entire holding under common ownership, providing a scalable solution rarely available in inner-city markets. Two of the four offices are currently leased, each generating approximately $30,000 per annum, delivering an immediate income stream. The remaining two offices are expected to achieve similar rental levels, underpinning a total anticipated income of approximately $120,000 per annum across the whole property once fully leased. Tenants are responsible for GST and outgoings, and there is no owners’ corporation due to common ownership of all four offices, enhancing efficiency and control.
Set across a flexible landholding and complemented by on-site parking, the property caters to a wide range of strategic objectives—whether to occupy now, invest and hold long-term, or consolidate the site for future redevelopment (STCA).
With the under-construction Younghusband precinct poised to transform the surrounding area and drive increased activity, investment, and amenity, the property is superbly located just metres from CityLink, the Kensington Village lifestyle hub, and Macaulay, Kensington, and South Kensington train stations across three metropolitan rail lines. The Melbourne CBD is only approximately 3.2 kilometres away, further reinforcing the long-term appeal of this exceptional inner-city opportunity.
The offering allows buyers to secure individual offices or acquire the entire holding under common ownership, providing a scalable solution rarely available in inner-city markets. Two of the four offices are currently leased, each generating approximately $30,000 per annum, delivering an immediate income stream. The remaining two offices are expected to achieve similar rental levels, underpinning a total anticipated income of approximately $120,000 per annum across the whole property once fully leased. Tenants are responsible for GST and outgoings, and there is no owners’ corporation due to common ownership of all four offices, enhancing efficiency and control.
Set across a flexible landholding and complemented by on-site parking, the property caters to a wide range of strategic objectives—whether to occupy now, invest and hold long-term, or consolidate the site for future redevelopment (STCA).
With the under-construction Younghusband precinct poised to transform the surrounding area and drive increased activity, investment, and amenity, the property is superbly located just metres from CityLink, the Kensington Village lifestyle hub, and Macaulay, Kensington, and South Kensington train stations across three metropolitan rail lines. The Melbourne CBD is only approximately 3.2 kilometres away, further reinforcing the long-term appeal of this exceptional inner-city opportunity.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 1,528 SF | Office | Upon Request | - |
| Unit 1A | 1,528 SF | Office | Upon Request | - |
| Unit 3 | 1,528 SF | Office | Upon Request | - |
| Unit 39 | 1,528 SF | Office | Upon Request | - |
Unit 1
| Unit Size |
| 1,528 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 1A
| Unit Size |
| 1,528 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 3
| Unit Size |
| 1,528 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 39
| Unit Size |
| 1,528 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
1 of 5
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Unit 1
| Unit Size | 1,528 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| APN/Parcel ID | 2\PS536188 |
| Description | |
| Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial offering presents a rare opportunity to secure one or multiple premises with exceptional flexibility. Whether seeking to occupy, invest and hold for the long term, or unlock future redevelopment potential, this is a property that adapts to a wide range of strategic objectives.<br> <br> The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.</li></ul> | |
| Sale Notes | |
| A rare inner-city opportunity to acquire one, multiple, or all four ground-floor offices within a tightly held precinct. Two units are leased, providing immediate income, with the remaining offices offering leasing or occupation upside. Held under common ownership with no owners’ corporation, the asset suits investors, owner-occupiers, or future redevelopment strategies (STCA). Strategically positioned near CityLink, key rail links, and the evolving Younghusband precinct, just minutes from the CBD.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 1A
| Unit Size | 1,528 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| APN/Parcel ID | 3\PS536188 |
| Description | |
| Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial offering presents a rare opportunity to secure one or multiple premises with exceptional flexibility. Whether seeking to occupy, invest and hold for the long term, or unlock future redevelopment potential, this is a property that adapts to a wide range of strategic objectives.<br> <br> The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.</li></ul> | |
| Sale Notes | |
| Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial holding presents a rare opportunity to acquire one, multiple, or all four offices within a tightly held precinct. The property offers exceptional flexibility, suiting owner-occupiers, investors seeking immediate and future income, or purchasers looking to unlock longer-term redevelopment potential (STCA).<br> The offering allows buyers to secure individual offices or acquire the entire holding under common ownership, providing a scalable solution rarely available in inner-city markets. Two of the four offices are currently leased, each generating approximately $30,000 per annum, delivering an immediate income stream. The remaining two offices are expected to achieve similar rental levels, underpinning a total anticipated income of approximately $120,000 per annum across the whole property once fully leased. Tenants are responsible for GST and outgoings, and there is no owners’ corporation due to common ownership of all four offices, enhancing efficiency and control.<br> Set across a flexible landholding and complemented by on-site parking, the property caters to a wide range of strategic objectives—whether to occupy now, invest and hold long-term, or consolidate the site for future redevelopment (STCA).<br> With the under-construction Younghusband precinct poised to transform the surrounding area and drive increased activity, investment, and amenity, the property is superbly located just metres from CityLink, the Kensington Village lifestyle hub, and Macaulay, Kensington, and South Kensington train stations across three metropolitan rail lines. The Melbourne CBD is only approximately 3.2 kilometres away, further reinforcing the long-term appeal of this exceptional inner-city opportunity.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 3
| Unit Size | 1,528 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| APN/Parcel ID | 4\PS536188 |
| Description | |
| Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial offering presents a rare opportunity to secure one or multiple premises with exceptional flexibility. Whether seeking to occupy, invest and hold for the long term, or unlock future redevelopment potential, this is a property that adapts to a wide range of strategic objectives.<br> <br> The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.</li></ul> | |
| Sale Notes | |
| Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial holding presents a rare opportunity to acquire one, multiple, or all four offices within a tightly held precinct. The property offers exceptional flexibility, suiting owner-occupiers, investors seeking immediate and future income, or purchasers looking to unlock longer-term redevelopment potential (STCA).<br> The offering allows buyers to secure individual offices or acquire the entire holding under common ownership, providing a scalable solution rarely available in inner-city markets. Two of the four offices are currently leased, each generating approximately $30,000 per annum, delivering an immediate income stream. The remaining two offices are expected to achieve similar rental levels, underpinning a total anticipated income of approximately $120,000 per annum across the whole property once fully leased. Tenants are responsible for GST and outgoings, and there is no owners’ corporation due to common ownership of all four offices, enhancing efficiency and control.<br> Set across a flexible landholding and complemented by on-site parking, the property caters to a wide range of strategic objectives—whether to occupy now, invest and hold long-term, or consolidate the site for future redevelopment (STCA).<br> With the under-construction Younghusband precinct poised to transform the surrounding area and drive increased activity, investment, and amenity, the property is superbly located just metres from CityLink, the Kensington Village lifestyle hub, and Macaulay, Kensington, and South Kensington train stations across three metropolitan rail lines. The Melbourne CBD is only approximately 3.2 kilometres away, further reinforcing the long-term appeal of this exceptional inner-city opportunity.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 39
| Unit Size | 1,528 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| APN/Parcel ID | 1\PS536188 |
| Description | |
| Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial offering presents a rare opportunity to secure one or multiple premises with exceptional flexibility. Whether seeking to occupy, invest and hold for the long term, or unlock future redevelopment potential, this is a property that adapts to a wide range of strategic objectives.<br> <br> The offering allows purchasers to acquire between one and four offices, providing scalability rarely found in tightly held urban locations. With strong fundamentals underpinning the asset, it appeals equally to owner-occupiers, investors seeking leasing upside, or those looking to capitalise on the site’s broader redevelopment potential (STCA). Set across an expansive landholding and complemented by on-site parking, this is a compelling opportunity in a location poised for continued growth.</li></ul> | |
| Sale Notes | |
| Sensationally positioned within an esteemed yet rapidly evolving inner-city locale, this versatile commercial holding presents a rare opportunity to acquire one, multiple, or all four offices within a tightly held precinct. The property offers exceptional flexibility, suiting owner-occupiers, investors seeking immediate and future income, or purchasers looking to unlock longer-term redevelopment potential (STCA).<br> The offering allows buyers to secure individual offices or acquire the entire holding under common ownership, providing a scalable solution rarely available in inner-city markets. Two of the four offices are currently leased, each generating approximately $30,000 per annum, delivering an immediate income stream. The remaining two offices are expected to achieve similar rental levels, underpinning a total anticipated income of approximately $120,000 per annum across the whole property once fully leased. Tenants are responsible for GST and outgoings, and there is no owners’ corporation due to common ownership of all four offices, enhancing efficiency and control.<br> Set across a flexible landholding and complemented by on-site parking, the property caters to a wide range of strategic objectives—whether to occupy now, invest and hold long-term, or consolidate the site for future redevelopment (STCA).<br> With the under-construction Younghusband precinct poised to transform the surrounding area and drive increased activity, investment, and amenity, the property is superbly located just metres from CityLink, the Kensington Village lifestyle hub, and Macaulay, Kensington, and South Kensington train stations across three metropolitan rail lines. The Melbourne CBD is only approximately 3.2 kilometres away, further reinforcing the long-term appeal of this exceptional inner-city opportunity.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 14,617 SF | Typical Floor Size | 1,507 SF |
| Property Type | Office | Lot Size | 0.12 AC |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Floors | 2 |
| Total Building Size | 14,617 SF |
| Property Type | Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 1,507 SF |
| Lot Size | 0.12 AC |
| Parking Ratio | 1.1/1,000 SF |
1 1
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