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87-89 Flemington Rd 5,447 SF Office Building North Melbourne, VIC 3051 For Sale
Investment Highlights
- Land area of 510 sqm* with prominent 12.51 m* frontage to Flemington Road.
- Dual street frontages: Flemington Road and Little George Street.
- Previous permit for a 12-level hotel, highlighting future development potential.
- Freestanding two-level building totaling 506 sqm* with secure on-site parking.
- Mixed Use Zone (MUZ), enabling flexible redevelopment opportunities (STCA).
- Offered with vacant possession—ideal for owner-occupiers or investors.
Executive Summary
A rare opportunity to secure a high-profile freestanding asset in Melbourne’s premier biomedical and education precinct. Whole Building, 87–89 Flemington Road offers a versatile city-fringe freehold on a 510 sqm* landholding with dual frontages to Flemington Road and Little George Street.
The property comprises a two-level building totaling 506 sqm*, inclusive of secure on-site parking, and is offered with vacant possession. Zoned Mixed Use (MUZ), the site provides exceptional flexibility for immediate occupation, refurbishment, or redevelopment into commercial, medical, residential, or hospitality use (STCA).
Strategically located just 1.4 km from Melbourne CBD, this high-exposure property benefits from tram services at the doorstep and the upcoming Parkville Station within 350 m. Adjacent to Melbourne’s largest concentration of hospitals and universities—including Royal Melbourne Hospital, The Women’s & Children’s Hospitals, University of Melbourne, and RMIT—the address connects directly to critical infrastructure, research hubs, and key lifestyle amenities such as Queen Victoria Market and Royal Park.
The property comprises a two-level building totaling 506 sqm*, inclusive of secure on-site parking, and is offered with vacant possession. Zoned Mixed Use (MUZ), the site provides exceptional flexibility for immediate occupation, refurbishment, or redevelopment into commercial, medical, residential, or hospitality use (STCA).
Strategically located just 1.4 km from Melbourne CBD, this high-exposure property benefits from tram services at the doorstep and the upcoming Parkville Station within 350 m. Adjacent to Melbourne’s largest concentration of hospitals and universities—including Royal Melbourne Hospital, The Women’s & Children’s Hospitals, University of Melbourne, and RMIT—the address connects directly to critical infrastructure, research hubs, and key lifestyle amenities such as Queen Victoria Market and Royal Park.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
5,447 SF
Building Class
C
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,447 SF
Building FAR
0.99
Lot Size
0.13 AC
Amenities
- Fully Carpeted
- Natural Light
- Air Conditioning
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87-89 Flemington Rd
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