Stonebridge Property Group is pleased to present Lambeth House, 95-97 Lambeth Street, Kensington.

Lambeth House is a 390 sqm* converted mixed-use inner-city warehouse, fully let to a diverse tenant pool.

The property is located in Kensington’s burgeoning mixed-use precinct with a highly active changing skyscape.

The key highlights include:

• Existing improvements comprise a 390 sqm* converted warehouse across two expansive floors, a front courtyard, rear access, and brand-new automatic 2.79 m* clearance roller door
• Fully let returning $108,030 + GST and Outgoings (less land tax) per annum* across a diverse tenant stream 
• Holding income allows future owner occupation, re-purpose or development (STCA) within 16 months*
• Right-of-Way (ROW) access via a rear laneway increases accessibility but also clever development or future split tenancy solutions
• Situated in a tree-lined, tightly held inner-city precinct with immediate proximity to nearby lifestyle and transport amenities, including Macauley Train Station (200 m*), Kensington Train Station (300 m*), Macauley Road retail strip (300 m*) & Racecourse Road retail strip (450 m*)
• Kensington boasts a median house price of $1,340,000 and 28% above the metro Melbourne median, confirming the affluence of the precinct
• Lambeth House is the opportunity to secure a rarely converted warehouse in Melbourne’s most valuable inner-city suburb.

*Approximately

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.