Titles: Two separate freehold titles – available individually or as one combined holding
Iconic three-level former fire station, designed in 1912 by renowned Melbourne architect Cedric Ballantyne, prominently positioned on the corner of High and Roseberry Avenue, Preston.
This distinctive building combines architectural significance, strong income potential, and future development flexibility in one of Melbourne’s fastest-evolving urban precincts.
Property Highlights:
• Ground Floor: Vacant café/restaurant premises of approx. 220 sqm
- Ideal for hospitality, retail, or creative re-use
- Potential rental: around $100,000 per annum
• First Floor measuring 344 sqm approx: Fully leased accounting office returning $43,264 per annum plus outgoings
• Airspace: Potential for additional development or rooftop activation (STCA)
• Two separate titles – flexibility purchase individually or as a combined investment
• Prominent corner exposure with strong passing trade and local visibility
• Close to the iconic Preston Market and major transport links
A rare opportunity to secure a piece of Preston’s early civic heritage – a striking 1912 building of architectural significance with solid income and upside potential.
