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Building 1 240-242 Rae Street 1,507 SF Office Building Fitzroy North, VIC 3065 For Sale



Investment Highlights
- Two-level office and studio layout with adaptable spaces across both floors.
- One car space on title plus an additional parking permit for added convenience.
- Accessible by multiple public transport options, including trams and buses to the CBD.
- Includes a ground-floor open-plan area with kitchenette and bathroom facilities.
- Located within walking distance of Fitzroy North Village and Edinburgh Gardens.
Executive Summary
This two-level office and studio property offers a rare opportunity to secure a versatile commercial asset in the heart of Fitzroy North. The ground floor features an open-plan layout complemented by a kitchenette and bathroom facilities, while the upper level provides three adaptable rooms that can be reconfigured to suit a variety of operational needs. The property includes a dedicated car space on title and an additional parking permit, enhancing convenience for occupants.
Positioned within walking distance of Fitzroy North Village, the property benefits from proximity to a vibrant mix of cafés, restaurants, and boutique retailers, as well as the green spaces of Edinburgh Gardens. Public transport access is excellent, with tram and bus routes along Brunswick Street and Nicholson Street providing direct connectivity to Melbourne’s CBD. With no Owners Corporation fees and flexible zoning potential (STCA), this property presents an attractive option for owner-occupiers or investors seeking long-term value in a tightly held inner-city location.
Positioned within walking distance of Fitzroy North Village, the property benefits from proximity to a vibrant mix of cafés, restaurants, and boutique retailers, as well as the green spaces of Edinburgh Gardens. Public transport access is excellent, with tram and bus routes along Brunswick Street and Nicholson Street providing direct connectivity to Melbourne’s CBD. With no Owners Corporation fees and flexible zoning potential (STCA), this property presents an attractive option for owner-occupiers or investors seeking long-term value in a tightly held inner-city location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,507 SF
Building Class
C
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
753 SF
Building FAR
1.69
Lot Size
0.02 AC
Amenities
- 24 Hour Access
- Natural Light
- Open-Plan
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Building 1 | 240-242 Rae Street
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