506 Queensberry Street, North Melbourne


Vision Real Estate is delighted to offer this magnificent two-level Victorian three bedroom shop and dwelling, ideally positioned close to the intersection of Errol St and Queensberry St in the ever so popular city fringe suburb of North Melbourne.

*Substantial 3 bedroom shop and dwelling
*Returning $59,280 p/a + outgoings + GST
*Suit owner occupier or investor

Key Features:

*Total land area - 195 sqm*
*Total building area over 2 levels - 165 sqm*
*Offering 5 rooms plus a shop front, kitchen and full bathroom.
*Leased to Madison's World until 10/4/2026 returning $59,280 p/a p/a + outgoings +GST
*Favourable Mixed Use Zone with potential for future value add (S.T.C.A).
*Surrounded by beautiful historic buildings in a stunning tree line street.
*Close to Victoria Street tram network, North Melbourne Train Station, Queen Victoria Market, Royal Melbourne Hospital, University of Melbourne and the Melbourne CBD.
*Within an 1100 metre* walk to the Parkville (Metro Tunnel) Train Station which is central to the National Employment and Innovation Cluster...https://bigbuild.vic.gov.au/projects/metro-tunnel/stations/parkville
*Easy access to the popular Errol St shops and eateries.
*Valuable onsite parking from Jones Lane.
*Priced to sell at $1.85M

506 Queesnberry Street presents an exciting opportunity for the investor or owner occupier looking to take advantage of the huge potential in capital growth that this remarkable property has to offer all in this highly prized position.

For further information please contact Frank Romeo on 0405 703 470 or frank@visionrealestate.com.au

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