This well located two-level warehouse of 340 sqm (approx) is being sold with plans and permits for development of 18 1 bedroom apartments and 2 shops. The building is situated on Dryburgh Street close to the CBD, Docklands, Etihad Stadium, CityLink & North Melbourne Railway Station.
The property boasts excellent front loading access as well as rear loading taking advantage of the second street frontage on Stawell Street. The ground floor warehouse is currently vacant has concrete floors, small showroom, some office area and rear amenities. The lower level is currently occupied by a photographer has concrete floors, a separate entrance and amenities. This tenancy is subject to a 6 months notice development clause.
The site area is 230 sqm (approx) and the gross building area 340 sqm (approx) and is ripe for residential subdivision and development taking advantage of its Mixed Use Zoning, two street frontages, additional levels and location. The property would also suit commercial owner occupiers, or someone who wishes to develop a large residence.
The building has easy access to all major arterials such as Spencer Street, Dynon Road, Kings Way and CityLink.
To obtain a copy of our Property Brochure, Information Memorandum, the Sale Documentation or to arrange an inspection, please contact W. B. Simpson & Son on 9328 1213.