Gracie Street, North Melbourne/11 &15-19 Gracie Street North Melbourne VIC 3051

For Sale: Rare Parkside Freehold in Melbourne's Premier Medical & Innovation Precinct

11 & 1519 Gracie Street, North Melbourne VIC 3051

Allard Shelton is pleased to offer for sale this unique opportunity to secure a high-profile corner site in one of Melbourne's most tightly held inner-city locations.

Located on the corner of Gracie Street and Reynolds Street, this property boasts a total combined landholding of 1,068sqm* and is positioned within the thriving Melbourne Medical and Biomedical Precinct, only 3km* from the CBD.

With close proximity to major arterials including Macaulay Road and Citylink, and superb access to current and future public transport infrastructure, the property is ideally suited for occupiers, investors or developers (STCA) looking to capitalize on its strategic location and flexible configuration.

Key Features:
- Total land area:1,068sqm*
- Total building area: 832sqm*
- Up to16 on-site car spaces
- Current Rental Income: $202,591 per annum (plus GST)
- High-profile corner position with dual street frontage
- Stylish Schiavello office fit out
- Situated within Melbourne's leading Medical & Biomedical Precinct
- Parks and lifestyle amenity at your doorstep, including Clayton Reserve
- Close to major arterial roads: Macaulay Road, Boundary Road & Citylink
- Excellent public transport access:
- 400m to Macaulay Railway Station
- Multiple bus services
- Just 3km to the Melbourne CBD

This is a rare offering in a rapidly evolving precinct earmarked for significant growth and investment. The combination of size, location, access, and amenity makes this an opportunity not to be missed.

Unmatched potential in a premium inner-city setting.

Contact Allard Shelton today to arrange your inspection.

*Approx.