172 Stanley Street
West Melbourne, VIC 3003

Overview

172 Stanley Street, West Melbourne

This exceptional former warehouse offers a unique opportunity for office use, creative space, or conversion into a residence, representing one of the most exciting design prospects in West Melbourne. The property has served as a long-standing base for a successful business and retains its industrial charm with exposed trusses, soaring ceilings, and a façade that reflects the area's heritage, all while being fully modernised to accommodate various uses.

Spanning two levels, the premises are equipped with heating and cooling systems, multiple meeting and office areas, a kitchen and meals space, and restroom facilities. This setup caters well to small business operations, providing potential for strong rental returns in a competitive city-fringe market.

There is significant potential to reimagine the space into a luxurious residence featuring a garage and roof deck, supported by existing plans that illustrate just one of many possible redesigns. The location is highly desirable from both residential and commercial perspectives, offering an unmatched position in the area.

Situated just moments from the city's attractions, West Melbourne offers a calm environment amidst the urban bustle. The property is within walking distance to Flagstaff Gardens, public transport including trains and trams, Queen Victoria Market, the vibrant Errol Street, and the scenic Docklands. Proximity to CityLink ensures convenient commuting options.

Prospective buyers should note that all potential uses of the land and property are subject to council approval.

Location