Outstanding & Historically Inspiring Development Potential - Kensington

Outstanding & Historically Inspiring Development Potential - Kensington


June 2017
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Outstanding & Historically Inspiring Development Potential - Kensington

This highly valuable inner-city building is only 4km north-west of Melbourne's CBD. The Dixon Kestles team of Simon Regan and John Pratt believe that this building offers an exciting opportunity to deliver a truly individual development project - right in the sought-after Kensington precinct. 

Sitting on 1,551m2 (43 x 35.4m) of land with full site coverage, this solid and imposing two-level, brick and concrete building structure features an in-tact facade, complete with parapets, columns and relief work plus a distinctive saw-tooth roof. Internally, the main staircase is terrazzo style with wrought iron and timber balustrading with concrete floors to both levels.

Exhibiting an excellent structure, substantial improvements dating back to the 1940s have been carry out. Rich in history, this building was the former head office for bakery supplier 
R. Lohn and more recently part of the Kensington Community High School.

With pedestrian and vehicle access to all 3 frontages, the two-level main office building is additionally connected to three single level warehouse/stores with a loading bay accessible via a side street entrance.

" This outstanding Kensington building presents an exciting prospect for the smart investor to profit from a proven inner-city location. We rate this site as one of Kensington’s best project opportunities and expect solid buyer interest” 
-  Simon Regan, Dixon Kestles.

Summary:
- Highly valuable inner-city landholding of 1,551m2, (43 x 35.4m)
- Multiple street frontages 
- Existing 2- level building plus 3 single level warehouse/stores
- Mixed Use Development potential (STCA)
- 4km north-west of Melbourne's CBD
Please note that all financials, measurements and distances quoted are approximate only.

393-399 MACAULAY ROAD, KENSINGTON is for Sale via Auction: 
Wednesday 16th August @ noon, if not sold prior.

For further information please contact Dixon Kestles.
Simon Regan – 0412 059 900, John Pratt - 0412 350 828

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