559-565 Queensberry Street, North Melbourne, Vic 3051

parkingSpaces 20
|Medical/Consulting
|Offices
|Land/Development
Contact Agent
Published on: 31 Oct 2024
Last updated on: 13 Nov 2024
559-565 Queensberry Street, North Melbourne, Vic 3051
559-565 Queensberry Street, North Melbourne, Vic 3051
559-565 Queensberry Street, North Melbourne, Vic 3051
+24
559-565 Queensberry Street, North Melbourne, Vic 3051
  • 24
Property ID: 504697808
Translate to English

Key property information

Land Size
12,722.94 sq ft
Floor Area
16,705.59 sq ft
Parking Spaces
20
Tenure Type
tenanted

Fully Leased Landmark Investment Anchored by National Medical Tenant

559-565 Queensberry Street, North Melbourne, Vic 3051
Tiga Commercial is excited to present this outstanding opportunity For Sale at 559-565 Queensberry Street, North Melbourne with the following property highlights:  

- Superior two (2) level medical/office building, fully leased to leading national medical tenant, Genea and The Victorian Ambulance Union (VAU) with ample on-site carparks (rear).

- Impressive 1,182sqm* island site and expansive 1,552 sqm* building area, the property boasts four (4) frontages, providing easy access and strong natural light throughout.

- Favourable Mixed-Use Zoning (MUZ), allowing for multitude of uses (STCA)

- Recently upgraded building features including lobby entrance, waiting area, lift, façade refurbishment works, disabled access and amenities on both floors.

- Combined passing rental income of $762,841.46 p.a. plus GST plus Outgoings, with a 3.8-year WALE and additional options respectively.

- Immediate access to Errol Street retail precinct, close proximity to The University of Melbourne, The Royal Women & Children’s Hospitals, Queen Victoria Market, as well as being 1.5km* to the Melbourne CBD grid.

- Surrounded by an array of well-regarded cafés, bars, restaurants, vibrant specialty retail shops, as well as North Melbourne library. 

- Unmatched public transport amenity with Queensberry St tram stop at the building’s doorstep, bus links, as well as being 750m* from the upcoming Arden Station (part of $12.6bn Metro Tunnel Project); 900m* from North Melbourne Station; Rear onsite carparks adjoin neighbouring council carparks with approx. 40+ public car spaces.

- 559-565 Queensberry Street, North Melbourne presents as an ideal investment for investors seeking an income-generating asset with substantial landholding, with added potential for future development (STCA) in a booming inner-city location.


For Sale Via Expression of Interest (EOI) Campaign closing Tuesday, 3rd December at 12.00pm (AEDT), unless sold prior.

For more information, please contact the Tiga team:

Griffin Barrett 
+61 434 620 360 

Martin Leong 梁文伟 
+61 425 699 708 

David Sia
+61 430 111 223

*Approximate 

Property Details

Basic Info

Property Type
Medical/ConsultingOfficesLand/Development
Listing Status
On Market
Parking Spaces
20
Land Size
12,722.94 sq ft
Address
559-565 Queensberry Street, North Melbourne, Vic 3051

Floorplans and tours

Video
Griffin Barrett
Griffin Barrett
Martin Leong 梁文伟
Martin Leong 梁文伟
David Sia 谢忠佑
David Sia 谢忠佑
Level 11, 410 Collins Street, Melbourne, Vic 3000
Get in touch
Report this page

Contact Agent

Email enquiry to Tiga Commercial - Melbourne

Griffin Barrett
Griffin Barrett
Martin Leong 梁文伟
Martin Leong 梁文伟
David Sia 谢忠佑
David Sia 谢忠佑
Level 11, 410 Collins Street, Melbourne, Vic 3000
What's your enquiry about?
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 504697808

      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.