BLANK CANVAS WAREHOUSE IN NORTH MELBOURNES ARDEN PRECINCT
271-273 Macaulay Road, North Melbourne VIC 3051
Last Asking Price - $3,300,000
Commercial LandSize: n/a
Block size: 613 m² approx.
Colliers International is pleased to present 271-273 Macaulay Road, North Melbourne; held by the same family for 36 years. A highly versatile warehouse offering, positioned in the Arden Urban Renewal Precinct, walking distance to the new Metro Rail Network (under construction) and on the cusp of Melbourne's CBD.
THE OFFERING - Expansive land parcel of 613sqm, dual frontages and multiple points of access; - Versatile, character warehouses plus office and full amenities spanning a total 608sqm GBA; - Sought-after Commercial 1 Zone provides flexibility for a multitude of future uses including office, retail, residential and accommodation (STCA); - High-exposure building is primed for repositioning; boasts multiple tenancy options, clear-span workspaces and business signage potential (STCA); - Offered with Vacant Possession.
THE LOCATION - Located 2.5km north west of the Melbourne CBD, the precinct is dotted with parklands, destination cafes, pubs and has been a focal point of recent activity; - Macaulay Road bounds North Melbournes famous Arden Street Oval and is now home to the suburbs first full-line Woolworths supermarket; - Linkage to Melbournes public transport network, including Macaulay Train Station (130m) providing direct access to the CBD.
FUTURE PROOF - Set to benefit from the Arden Urban Renewal, accommodating for an additional 34,000 jobs and 15,000 residents across the precinct by 2051*. - Metres from the Metro Rail Network, Victoria's largest infrastructure project; at a total cost of $11b, the project is currently under construction and slated for delivery by 2025; - The new North Melbourne Train Station will provide a link to the University and Biomedical Precincts, along with a cross-town connection further solidifying North Melbourne's status as a future proof location;
A blank canvas warehouse in the Arden Precinct and the first time offered in 36 years, an opportunity not to be missed.
*data sourced from the Victorian Planning Authority (VPA). *approx.
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents.
ALEXANDER LEGGO | +61 432 053 747 TOM ISAKSSON | +61 422 154 570 JACK KELLIHER | +61 437 844 336
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Contact Alexander Leggo to learn more about this property, request an inspection or take an online tour.
Property Type:Commercial Land
Block Size:613 m²*
*These are approximate values based on available information.
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