Value-add Opportunities

Occupy

632 Queensberry Street is ideal for small to medium sized commercial owner-occupiers seeking to invest in their business. Given the buildings flexible configuration, the property may suit a range of business operations including cooperate and family office, hospitality and retail.

Invest

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An exceptional opportunity for a private investor seeking to acquire a strategically located City Fringe commercial office investment in a burgeoning location which is set to benefit from significant public and private infrastructure investment.

VALUE-ADD

There is an opportunity to unlock further value in the property through a refurbishment program to drive high rental returns or increase NLA (STCA).

Development Upside

With the site benefitting from valuable Mixed-Use Zoning, there is an opportunity to redevelop the site in the short term to medium term for residential, office or mixed-uses (STCA).

Rooftop Activation

Melbourne’s CBD and City Fringe have seen a surge in rooftop activity, thanks to the rise of multiple rooftop bars like Johnny’s Green Room and the Prince Alfred Rooftop Bar. 632 Queensberry Street presents a unique opportunity to take advantage of this trend. With versatile zoning, the rooftop offers a canvas for innovative ideas that could turn it into a popular destination or serve as an excellent breakout space for office occupants.

OWNER OCCUPY & INVEST

The current tenant is leasing the first floor on a monthly basis. The property also benefits from dual access points off Queensberry Street which will provide flexibility for buyers to occupy the ground floor and retain holding income from the first floor tenancy.