• For sale
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”
BLANK CANVAS WAREHOUSE IN NORTH MELBOURNE’S “ARDEN PRECINCT”

For Sale

Expressions of Interest 18th Nov 2020 at 12pm (AEDT)
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 Melbourne’s famous Arden Street Oval and is now home to the suburb’s first full-line Woolworths supermarket;
•Linkage to Melbourne’s 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.

FOR SALE BY EXPRESSIONS OF INTEREST (EOI) CLOSING WEDNESDAY 18TH NOV 2020 AT 12PM (AEDT)

To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents.

DAVE WALKER | +61 439 889 048
OLIVER HAY | +61 419 528 548
JACK KELLIHER | +61 437 844 336

Property Details