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2 Craine Street, South Melbourne, VIC, 3205
South Melbourne
Stonebridge Property Group is pleased to present 2 Craine Street, South Melbourne, offered for sale via Expressions of Interest.
2 Craine Street, South Melbourne, is a highly functional and flexible office & warehouse building with open-plan floor plates, natural light to all areas via floor-to-ceiling windows, skylights and private open-space areas boasting Melbourne CBD views.
The 351 sqm* space is turnkey-ready for a business to owner occupy or for investors to take advantage of the leasing/development upside.
Key highlights of the property include:
- Existing improvements comprise a dual-level commercial building with a total building area of 351 sqm*
- The building comprises two separate levels with:
- Ground floor comprising a large warehouse area or space for 5 cars, with additional storage/filing areas
- Levels 1 & 2 comprising open-plan internal areas ideal for commercial occupation with boardroom and meeting rooms with oversupply of natural light
- Modern kitchen and bathrooms with no additional fit-out required
- Office space ideal for the owner occupation of businesses including graphic designers, marketing agencies, architects, builders, developers, sound studio, family offices, engineers and more
- Strategic 165 sqm* landholding with significant scope for development upside (STCA)
- Expansive frontage to Craine Street of 10.6 m* noting further future retail activation could be possible
- 5+ secure, at-grade car parks located within the building, a rare commodity within this precinct of South Melbourne
- Favourable Commercial 2 Zoning allows for a variety of uses including office, retail, hospitality, caretakers’ residence and creative spaces
- Positioned to benefit from the amenity on South Melbourne’s strongest retail pocket, all within walking distance – ST. ALi (50 m*), Vintage Cellars (170 m*), Factory Sound (110 m*), Bells Hotel (200 m*), Coles (290 m*), Clarendon Street retail (200 m*) and the renowned South Melbourne Market (500 m*)
- Zoning allows for a height limit of 15.5 metres or 4 storeys, providing the opportunity for future development upside or an exit strategy (STCA)
- Rare opportunity to secure a freehold office/warehouse building 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
*Approximately
Property Code: 1280
Remember to mention you found this property on CommercialReady
Stonebridge Property Group is pleased to present 2 Craine Street, South Melbourne, offered for sale via Expressions of Interest.
2 Craine Street, South Melbourne, is a highly functional and flexible office & warehouse building with open-plan floor plates, natural light to all areas via floor-to-ceiling windows, skylights and private open-space areas boasting Melbourne CBD views.
The 351 sqm* space is turnkey-ready for a business to owner occupy or for investors to take advantage of the leasing/development upside.
Key highlights of the property include:
- Existing improvements comprise a dual-level commercial building with a total building area of 351 sqm*
- The building comprises two separate levels with:
- Ground floor comprising a large warehouse area or space for 5 cars, with additional storage/filing areas
- Levels 1 & 2 comprising open-plan internal areas ideal for commercial occupation with boardroom and meeting rooms with oversupply of natural light
- Modern kitchen and bathrooms with no additional fit-out required
- Office space ideal for the owner occupation of businesses including graphic designers, marketing agencies, architects, builders, developers, sound studio, family offices, engineers and more
- Strategic 165 sqm* landholding with significant scope for development upside (STCA)
- Expansive frontage to Craine Street of 10.6 m* noting further future retail activation could be possible
- 5+ secure, at-grade car parks located within the building, a rare commodity within this precinct of South Melbourne
- Favourable Commercial 2 Zoning allows for a variety of uses including office, retail, hospitality, caretakers’ residence and creative spaces
- Positioned to benefit from the amenity on South Melbourne’s strongest retail pocket, all within walking distance – ST. ALi (50 m*), Vintage Cellars (170 m*), Factory Sound (110 m*), Bells Hotel (200 m*), Coles (290 m*), Clarendon Street retail (200 m*) and the renowned South Melbourne Market (500 m*)
- Zoning allows for a height limit of 15.5 metres or 4 storeys, providing the opportunity for future development upside or an exit strategy (STCA)
- Rare opportunity to secure a freehold office/warehouse building 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
*Approximately
Property Code: 1280
Remember to mention you found this property on CommercialReady
2 Craine Street, South Melbourne, VIC, 3205
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
