157-163 Montague St 5,382 SF Vacant Retail Building South Melbourne, VIC 3205 For Sale

Presenting 157-163 Montague Street, an outstanding opportunity in South Melbourne’s Montague Precinct. Offering a flexible showroom, warehouse, and office configuration, this property positions itself as a versatile asset for both owner-occupiers and investors. Featuring dual advantages—a generous land parcel of 455 sqm* and a building footprint of 500 sqm*—it delivers superior adaptability for multiple uses.
Fronting 19.09 meters* of Montague Street, the site commands high exposure in a rapidly evolving area. Its classification under the Capital City Zone (Port Phillip Planning Scheme) provides significant long-term upside, catering to future redevelopment or repositioning strategies. Congruently, its vacant possession status ensures immediate control upon settlement.
Easy connectivity complements the asset’s physical attributes, with excellent access to Melbourne CBD, major arterial routes, and efficient tram and light rail services within steps. The location sits amid dynamic urban regeneration, active commercial demand, and population-driven growth. For those seeking a foothold in one of Melbourne’s most tightly held locales, this property offers locational security with enduring value potential.