Asking Price: $5,500,000 - $6,000,000
Stonebridge Property Group is pleased to present 150-160 Ferrars Street, South Melbourne offered for sale via Expressions of Interest campaign (EOI).
150-160 Ferrars Street, South Melbourne, is a high-profile landholding in the heart of booming residential precinct and surrounded by some of Melbourne's best amenities.
The total landholding encompasses two (2) separate BUILDINGS which can be purchased individually or together.
Key highlights of the opportunity include:
- A strategic 632 sqm* of dual street landholding within a desirable Capital City Zone
- Existing 2 x quality showroom / warehouse buildings in the heart of South Melbourne's booming residential precinct
- Two highly versatile buildings totalling 720 sqm* with modern and functional fit-outs, warehousing capabilities and rear roller door access
Building 1 // 150-154 Ferrars Street, South Melbourne
Two-level warehouse and office building with a high clearance roller door directly to Ferrars Street, and level 1 office providing kitchen, bathroom and terrace access.
- Land size: 318 sqm*
- Building size: 431 sqm*
Building 2 //156-160 Ferrars Street, South Melbourne
Single-level warehouse building with a high clearance roller door to the property's rear, plus the added benefit of 4 on-site car spaces (two secure). Level 1 office providing kitchen, bathroom and terrace access.
- Land size: 314 sqm*
- Building size: 289 sqm*
- Zoned Capital City (CCZ) offers the ultimate flexibility of uses, including residential, medical, office, education and more (STCA)
- Expansive street presence of 27.6 m* to Ferrars Street plus rear laneway access, allowing for significant development efficiencies and/or retail activation
- Surrounded by some of Melbourne's best amenities, including DFO South Wharf (440 m*), Kirrip Park (opposite), Melbourne Exhibition Centre (130 m*), Montague Light Rail Station (250 m*), South Melbourne Market (300 m*) and Golden Fleece Hotel (450 m*)
- Located only 200 m* from Greystar's (American and global BTR giants) $500m Build To Rent project, which will bring significant benefit to the precinct. The project includes three towers encompassing 700 apartments, 4,300 sqm* of amenity and 850 sqm* of retail space (estimated to be completed by 2024)
- Central South Melbourne / Southbank location providing ease of client and employees access from both Eastern and Western suburbs of Melbourne
- Development potential for 30 metres or 8 storeys, with further advice available from proUrban and Buchan Architects on request
150-160 Ferrars Street provides an opportunity to purchase a value-add headquarters for an expanding business/s or to secure the next city-fringe development opportunity in Melbourne's most in-demand city fringe suburb.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Dylan Kilner
0459 396 341
Max Warren
0488 296 892
Julian White
0422 764 137
Chao Zhang
0411 625 068
*Approximately
Property Code: 1099
