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19 Queen St 6,297 SF Office Building Warragul, VIC 3820 For Sale
Investment Highlights
- Mortgagee in Possession sale – outstanding repositioning or redevelopment opportunity
- Zoned Commercial 1 (C1Z) – facilitating a variety of development outcomes (STCA)
- Proximity to major national retailers: Aldi, Coles Express, KFC, Domino’s
- Prime CBD fringe location with excellent exposure and connectivity
- Adjoining council car park and rear laneway access
Executive Summary
Under instructions from the Mortgagee in Possession, 19 Queen Street, Warragul offers an outstanding opportunity for investors, owner-occupiers, and developers to secure a commanding CBD fringe property with significant upside potential.
Positioned on a gateway corner site of approximately 1,428 m² with a high-profile 27-metre frontage to Queen Street, this iconic property enjoys excellent exposure to high vehicle and pedestrian traffic. The building spans approximately 585 m² over three levels, with areas partially refurbished, presenting a flexible canvas for a range of uses including medical, office, or professional services.
The property is currently subject to a licence agreement returning $70,000 per annum + GST plus outgoings, delivering immediate holding income with potential to optimise to full market value. With its prominent site, adjoining council parking, and Commercial 1 zoning, this property presents exceptional development potential (STCA) in one of Gippsland's fastest-growing regional centres.
Positioned on a gateway corner site of approximately 1,428 m² with a high-profile 27-metre frontage to Queen Street, this iconic property enjoys excellent exposure to high vehicle and pedestrian traffic. The building spans approximately 585 m² over three levels, with areas partially refurbished, presenting a flexible canvas for a range of uses including medical, office, or professional services.
The property is currently subject to a licence agreement returning $70,000 per annum + GST plus outgoings, delivering immediate holding income with potential to optimise to full market value. With its prominent site, adjoining council parking, and Commercial 1 zoning, this property presents exceptional development potential (STCA) in one of Gippsland's fastest-growing regional centres.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,297 SF
Building Class
C
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
3,983 SF
Building FAR
0.40
Lot Size
0.37 AC
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19 Queen St
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