172 Stanley Street

West Melbourne VIC 3003

House

Currently for sale - view listing

Overview

Office-focused warehouse with stirring residential potential

For Sale by Expressions of Interest - Closing Thursday, 14 May at 5pm (unless sold prior) A first-class office, creative space, or potential residence, this fully fitted former warehouse represents one of the most exciting design opportunities West Melbourne has seen for some time. Operating as a long-time base for a flourishing business, the storied premises retain exposed trusses, soaring ceilings, and a façade aligning with the area's industrial heritage, all while fully modernised to capably serve any vision. Spanning two levels and equipped with various comforts in heating and cooling, meeting and office areas, kitchen/meals, and restroom facilities, any number of small-business pursuits are well-catered for, enabling lucrative yields in a competitive city-fringe rental market. With extensive local precedent, stirring scope exists to completely reimagine, craft a luxury residence with a garage and roof deck, and enjoy everything that sees the local lifestyle so adored. Existing plans detail one of countless options a redesign could yield, while from both a residential and commercial perspective, position is simply second to none. Although moments from every city allure, West Melbourne weaves calm into the bustle, footsteps to Flagstaff Gardens, trains and trams, Queen Victoria Market, iconic Errol Street, and picturesque Docklands while close to CityLink for streamlined commuting. * All potential uses of the land and/or property is subject to Council approval.