Dual fronted Inner-City Landholding with Substantial Existing Improvements
Stonebridge Property Group are pleased to present for sale 76 McCracken Street, Kensington.
The Property represents a substantial inner-city landholding with dual street frontage and significant existing improvements, offering a rare opportunity to invest, occupy, reposition or develop (STCA), within one of the inner north's most tightly held residential pockets.
Key highlights of the opportunity include:
- Substantial 1,288 sqm* landholding
- Dual street frontage totalling 52 m* to McCracken Street and Epsom Road
- Significant existing improvements including a church hall, expansive double-storey brick building and storage building
- Offering the potential to occupy, repurpose, value-add or develop (STCA)
- Prominent inner-north location just 4 km* from the Melbourne CBD, benefiting from strong connectivity and ongoing urban renewal
- Excellent public transport access, with Kensington Train Station only 300 m* away and direct access to key arterial roads including CityLink
- An easy 120 m* walk to Macaulay Road retail precinct anchored by cafés, grocers and essential retail amenity
- Surrounded by significant lifestyle amenity including JJ Holland Park (380 m*), Flemington Racecourse (1 km*) and Royal Park (1.4 km*)
- Located within a tightly held, village-style residential catchment supported by strong demographics and increasing institutional investment
- Benefiting from proximity to the Macaulay Precinct urban renewal area, set to drive long-term population growth and uplift in the surrounding area
- Affluent resident base, with median weekly incomes 44% above the Victorian average (ABS 2021), underpinning strong local spending power and economic stability
- Significant institutional investment in the immediate precinct, highlighted by Greystar’s ~$360M build-to-rent project, reinforcing long-term confidence in Kensington
- Located within the Macaulay Precinct urban renewal corridor, set to deliver high-density residential and mixed-use development, driving future population growth and amenity uplift
- Strong population growth forecast, with Kensington projected to increase by over 60% by 2043, supporting sustained housing demand
76 McCracken Street, Kensington is offered for sale via Expressions of Interest closing Thursday 21st May 2026 at 2PM (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Andrew Milligan
+61 421 559 992
Lucas Duffy
+61 417 596 560
Chao Zhang 张超
+61 0411 625 068
*Approximately
^ Realestate.com.au
Property Code: 1694
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