For Sale

329 Queensberry Street, NORTH MELBOURNE 3051

  • Building Area 240 m²
  • Sale Price CONTACT AGENT

Two Storey City Fringe Office Surrounded by Future Growth


Auction Date: 07 Aug 2019 @ 12:30 PM
Auction Location: Public Auction on-site


  • Melbourne's fastest growing suburb
  • Rear access via Meeks Lane
  • Vacant possession



ICR Property Group are delighted to present to you a not to be missed owner occupier or investment city fringe office opportunity at 329 Queensberry Street, North Melbourne.

This two-level brick building will see unprecedented growth in the coming years directly benefiting from the adjacent approved development and projects which includes:

1. Arden-Macaulay Renewal Project (new North Melbourne Train Station set to open in 2025)
2. $450m Queen Victoria Re-Development Program (5-year program)
3. $750m Elizabeth North Project in Biomedical Precinct

North Melbourne will be transformed into a whole new vibrant community and growth suburb, focused on new infrastructure and housing, innovation, investment and employment.

Be a part of that transformation with 329 Queensberry Street. It’s your chance to capitalise on this rare opportunity.

Key features of this Asset include:
- Land area: 118 sqm*
- Building area: 240 sqm*
- Located in one of Melbourne’s fastest growth areas
- Two-level well-presented office with flexible layout
- Rear access via Meeks Lane
- Suitable for a mixed-use office development (STCA)
- Air conditioning
- Kitchenette
- Vacant possession
- Capital City Zoning Schedule 5 (CCZ5)

Locations and amenities within walking distance:
- Tram 58 Peel Street: 1 min walk*
- Queen Victoria Market: 3 min walk*
- New North Melbourne Train Station: 7 min walk*
- Biomedical Precinct: 7 min walk*
- Royal Exhibition Building: 8 min walk*
- Melbourne CBD: 9 min walk*
- Flagstaff Gardens: 9 min walk*
- RMIT University: 10 min walk*
- Melbourne Central Train Station: 11 min walk*
- Melbourne University: 16 min walk*

The Outgoings are as follows:
Land Tax - $2,450*
Council Rates - $3,322*
Water Rates - $1,011*

To request due diligence documents or to organise a private inspection, contact one of ICR’s Exclusive Sales Agents below.

Raff De Luise – 0418 533 633

Julian Materia – 0498 188 011

Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate for over 20 years.

Zoning Capital City Zone Council

Melbourne City Council




All prices are indicative plus GST (if any).

Building Area 240 m² Land Area 118 m²



Raff De Luise

Julian Materia

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