THE PINNACLE OF PRIME PROPERTY PLACEMENT

For Sale – Vacant Possession - 302-308 Arden Street, North Melbourne

Offices, Industrial, Showroom, Development/Land (Offices, Retail, Hotel/Leisure, Residential, Medical), Medical

Overview
Property ID: 20812
Price: Contact Agent
Building: 1,235m²
Land: 2,288m²
Zoning: Special Use Zoning (SUZ)
Description

POINT OF INTEREST:

A protean exemplar of how dynamic a commercial opportunity can be, from every point you look at it — especially the corners. This significant 2,288 sqm* site is the ultimate multi-level development opportunity, a strategic occupier’s dream or income producing investment. Offering an extraordinary blend of cutting-edge office space with a state-of-the-art laboratory, the building boasts a multi-million dollar fit-out and is equipped with advanced ventilation, gas, electrical power, and water systems, all tailored to support high-end research / technology operations. Access and frontage are straightforward advantages here, with the corner block affording dual-street access from both Langford Street and Arden, and 22 dedicated parking spaces secured behind gated fencing. Upon entry, you're greeted by a professional reception area, which leads to well-appointed client meeting rooms and executive offices. A high-profile address meets a high-visibility profile, with over 35 m* of frontage to busy Arden Street and over 45 m* to Langford Street. This combined 80+ metres* will showcase your logo, hoarding, or name on a billboard to potentially 20,000 daily commuters.

Set back just enough to soak up the daily commute traffic, this property sits in a special use zoning, making the development opportunity here palpable. Take inspiration from the numerous (and growing) cohort of investors, developers, and builders who are proposing 50+ storey mixed-use builds or are on track to completing them soon.
It’s your shortcut to Melbourne’s business pulse, but also the shopping centres and local attractions that have made North Melbourne a revered postcode. Newmarket is 1.9 km* away, the North Melbourne Football Club is just 300 m* down the road, and Citylink is in view — with its access point only a kilometre away. The new Arden station is set to slash commute times into the CBD by up to 10 minutes and handle thousands of daily passengers. With direct links to major hubs like Melbourne University and the Royal Melbourne Hospital.

302-308 Arden Street is within The Arden Precinct whichis designated to become a thriving renewal destination for medical, retail, commercial, education, industry and entertainment uses near the Arden Railway station and facilitating community facilities and residential

- 2,288 sqm* corner standalone site.
- 1,235 sqm* total building area, with potential to extend (STCA).
- Ultra-modern fit-out throughout.
- 22 allocated on-site car spaces.
- Favourable Special Use Zoning - Schedule 7
- Indicative development height guidelines of 12-20 stories (STCA)
- 1.5 km* to the CBD.
- 500 m* to the new Arden railway station.
- 1 km* to Citylink.

POINT OF VIEW:

A paramount property by location, development potential, and current form — this magnificent corner block build is the premiere winner of North Melbourne with a fit-out that looks (and operates) like a multi-million bucks.


*Approx.
Pricing excludes GST

Additional Info
Features
Age2015
Air ConditionerYes
AvailabilityImmediately
Car Spaces22
ConditionExcellent
FloorsConcrete
HeightVarious
Liftsn/a
Roller DoorsYes - in front of all entrances
Sprinklersn/a
Suitable DevelopmentMulti level mixed use residential or commercial
ZoningSpecial Use Zoning (SUZ)
Outgoings
Council Rates$33,842.48
Agent Details
CVA Property Consultants - Luca Angelico

Luca Angelico

M | 0447 772 782
T | (03) 9623 2585
E | [email protected]

CVA Property Consultants - Craig McKellar

Craig McKellar

M | 0431 892 780
T | (03) 9623 2571
E | [email protected]

CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]

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