Set within a striking, architecturally designed development in one of Melbourne's most vibrant inner-north pockets, this bold three-level property delivers industrial character, modern style and exceptional flexibility.
Originally conceived and constructed as an office/warehouse development and later rezoned by the council to residential, the property presents a rare opportunity for buyers seeking a highly versatile space with future potential (STCA).
With its strong architectural lines, polished timber floors, industrial glazing and clean, minimalist finishes, this is a space that feels creative, urban and unapologetically cool offering a flexible environment that can be adapted to suit a range of uses.
WHY THIS OPPORTUNITY IS UNIQUE
Warehouse-inspired architecture with scale, volume and presence
Oversized ground-level garage/storage/workspace
Clear separation between levels for flexible use
High-quality modern construction with stylish internal finishes
A versatile layout suited to live/work, studio or commercial-style occupation
Residential zoning providing longer-term flexibility (STCA)
INVESTMENT / INCOME
Currently leased at $41,712 per annum, with the lease expiring 30 June 2026.
CONFIGURATION
Comprising:
Open-plan living-style zones with excellent natural light
Sleek, modern kitchen with minimalist finishes
Polished timber flooring and contemporary lighting
Private outdoor courtyard
Secure, gated development
Split-system heating and cooling
IDEAL FOR
Tradies seeking secure storage and workspace
Creatives, designers or consultants
Small business owners combining work and lifestyle
Buyers attracted to warehouse-style environments
Investors seeking a flexible, income-producing asset
LOCATION
Positioned in Coburg North, an area known for its culture, connectivity and ongoing transformation:
Easy access to Sydney Road cafés, bars and retail
Walking distance to Merlynston Station
Direct connectivity to the Ring Road and CBD
A precinct continuing to evolve and attract strong demand
IMPORTANT BUYER INFORMATION
This property was constructed and is currently classified under the Building Code of Australia as a Class 7b (warehouse) and Class 5 (office) building.
The land has since been rezoned to residential, which may present future potential for alternative use, subject to all relevant planning, building and regulatory approvals.
Prospective purchasers should note that the property has not been assessed or certified for compliance with residential building standards, and any change of use may require further approvals, works and investigations.
Buyers are strongly encouraged to undertake their own independent due diligence, including enquiries with Council, building consultants and relevant advisers, to satisfy themselves as to suitability for their intended use.