321-323 Queensberry StreetNorth Melbourne VIC 3051
Property Details for 321-323 Queensberry St, North Melbourne
Last Listing description (June 2024)
Modern Corporate Headquarters with Development Upside
Modern two story office building of 320 sqm (approx NLA) located in the heart of North Melbourne close to Queen Victoria Market, Elizabeth Street, CBD and public transport. The building is situated on 217 sqm (approx) of land on the corner of Cobden & Queensberry Streets taking advantage of its north eastern aspect. Features an open plan ground floor and a partitioned first floor with combination of private offices and open plan work spaces. The building offers zoned climate control, new carpets throughout, suspended ceilings, floor to ceiling windows and four secure off-street car spaces accessible from the rear laneway. The Capital City Zoning provides for flexible usage including potential future residential/commercial development with a maximum permitted building height of 24 m (STCA). The property offers great exposure for a local, national or international company looking for a new corporate headquarters or investors seeking a proven commercial asset with the potential to add value. Sold with Vacant Possession. Inspect by appointment - Richard Simpson 0402 223 027.
Property History for 321-323 Queensberry St, North Melbourne, VIC 3051
- 05 Jun 2024Listed for Sale $2,990,000
- 03 Nov 2023Listed for Sale $3,090,000
- 13 Oct 2023Listed for Rent $120,000 pa
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About North Melbourne 3051
The size of North Melbourne is approximately 2.4 square kilometres. There are 12 parks, covering nearly 4.7% of the total area. The population of North Melbourne in 2016 was 14940 people. By 2021 the population was 14953 showing a population growth of 0.1% in the area during that time. The predominant age group in North Melbourne is 20-29 years. Households in North Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Melbourne work in a professional occupation.In 2021, 33.00% of the homes in North Melbourne were owner-occupied compared with 28.50% in 2016.
North Melbourne has 12,823 properties. Over the last 5 years, Houses in North Melbourne have seen a -14.47% decrease in median value, while Units have seen a -2.46% decrease. As at 31 July 2026:
- The median value for Houses in North Melbourne is $1,238,107 while the median value for Units is $502,125.
- Houses have a median rent of $760 while Units have a median rent of $610.
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