39 Elizabeth St Inmueble de 150 m² en edificio multipropietario | Oficina en venta a 490.945 € en Kensington, VIC 3031

Boutique two-level commercial property offering an adaptable layout suitable for office, showroom, or creative workspace uses. The building includes a ground-floor showroom/meeting area with a convenient kitchenette and a first-floor open-plan office benefiting from natural light and access to a private outdoor terrace.

Positioned within one of Melbourne’s inner-city lifestyle hubs, 39 Elizabeth Street offers a unique landholding of approximately 499 square meters within Kensington’s established residential fabric. The site provides a rare opportunity for owner-occupiers or developers seeking to capitalize on proximity to the Melbourne CBD. Current land use is non-residential, creating flexibility for future reconfiguration or redevelopment subject to council approval.

The property benefits from connectivity via multiple transport options, including nearby Kensington and Macaulay train stations, as well as tram and bus routes. The area is highly accessible to major arterials such as CityLink and Dynon Road, facilitating swift access across the metropolitan network. Kensington itself blends village charm with urban convenience, supported by retail, dining, schools, and community amenities. Notably, the property sits outside bushfire, flood, or heritage overlays and has established NBN Fibre to the Curb and 5G mobile coverage for future-proof connectivity.

Whether approached as a renovation prospect, a redevelopment site, or a long-term hold, this property aligns with the strong demand trend for Kensington homes, which have seen steady capital growth and robust rental yields.