ASKING PRICE: $2,500,000

Stonebridge Property Group is pleased to present 98 Thistlethwaite Street, South Melbourne, for sale via Expressions of Interest campaign.

98 Thistlethwaite Street is a highly versatile freehold office& warehouse in arguably South Melbourne’s most sought-after commercial/retail precinct.

Key highlights of the property include:

• A prime 560 sqm* city fringe freehold office/warehouse bolstered by a 4.5 m* clearance roller door, plus 2 x separate access points to the first floor via pedestrian and warehouse entrances
• Strategic 308 sqm* landholding zoned Capital City 1 (CCZ1) providing scope for a variety of uses including office, warehouse, residential, retail, medical, hospitality and/or other specialty uses (STCA)
• Possible uses under the Capital City 1 Zone: accommodation, art and craft centre, automated collection point, bank, childcare centre, cinema-based entertainment facility, department store, display home, dwelling, education centre, home based business, informal outdoor recreation, minor sports and recreation facility, motel, office, place of assembly, railway station, retail premises, residential aged care facility, residential hotel, shop, supermarket, tramway
• Highly functional internal building with no refurbishment needed. Existing improvements offer a large ground floor warehouse/factory, a meeting room, six separate offices and modern kitchen amenities with ample natural light
• Ability to split into multiple tenancies via 2 x existing separate access points and sprawling Thistlethwaite Street frontage
• Short-term holding income ideal for owner occupiers and suited the following businesses: graphic designers, marketing agencies, architects, builders, developers, sound studio, family offices, engineers and more
• Positioned to benefit from the amenity rich pocket with blue-chip cafés and hospitality all within walking distance - Golden Fleece Hotel (100 m*), Montague Light Rail Station (230 m*), Foxtrot Café (350 m*), Westside Ale Work (130 m*), the famous Railway Club Hotel (600 m*), Rubira’s (500 m*) and South Melbourne Market (500 m*)
• 308 sqm* landholding with zoning that has a flexible height limit of 8 levels (STCA), creating the opportunity for future development upside or exit strategy

Rare opportunity to secure a freehold warehouse/office building in one of Melbourne's most in demand city fringe suburbs.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

*Approximately