662-664 Queensberry St 5,274 SF 100% Leased Flex Building North Melbourne, VIC 3051 $1,867,334 CAD ($354.04 CAD/SF)

This rare corner property, located at the intersection of Queensberry and Abbotsford Streets in the heart of North Melbourne, offers a flexible and highly functional asset with significant upside potential. Featuring a well-presented, double-storey brick structure, the building comprises a ground-floor showroom and warehouse accompanied by open plan first-floor offices. Side loading and secure parking are conveniently accessible from Abbotsford Street, enhancing logistical efficiency.
Currently benefitting from Mixed Use Zoning, this property is positioned for a variety of future uses, including residential, commercial, or mixed-use redevelopment (STCA). The current configuration includes polished concrete floors, suspended ceilings, dual-level kitchen and bathroom amenities, and split-system climate control, providing immediate usability for an occupier or investor.
Strategically situated within close proximity to Melbourne’s Hospital Precinct, the University of Melbourne, Errol Street Village, Royal Park, and the forthcoming Arden Station, the location delivers excellent connectivity and lifestyle appeal. Opportunities of this calibre and flexibility within such a vibrant precinct remain limited, making this asset a compelling proposition for investors, developers, and owner-occupiers alike.