Positioned in one of Reservoir's most tightly held industrial precincts, 2 Pitt Street presents an exceptional opportunity to secure a substantial industrial asset offering scale, functionality and future upside.
Occupying a prominent 1,858 sqm approx. landholding, the property comprises an established warehouse/factory of approximately 1,570 sqm, providing immediate usability with significant scope to enhance, reposition or develop (STCA).
The property's defining feature is its substantial side hardstand, providing outstanding operational flexibility for logistics, manufacturing, warehousing and trade-based businesses. With increasing demand for industrial sites offering genuine hardstand, this is an attribute rarely found in today's market. The existing improvements include a first floor office space with amenities and provide a functional base for immediate occupation while offering purchasers the opportunity to modernise and unlock additional value over time.
Key Highlights:
- Land area: 1,858 sqm approx.
- Building area: 1,570 sqm approx.
- First floor office space
- Expansive side handstand ideal for container storage, truck access and outdoor operations
- Roller door access
- Vacant possession
- Value-add and redevelopment potential (STCA)
Strategically located within the established Reservoir industrial precinct, the property benefits from outstanding access to the Metropolitan Ring Road, High Street, Mahoneys Road and other key transport corridors, ensuring efficient connectivity across Melbourne.
Industrial assets of this size with meaningful hardstand, vacant possession and genuine long-term potential are becoming increasingly difficult to secure. 2 Pitt Street represents a rare opportunity to acquire a versatile industrial holding in one of Melbourne's strongest northern industrial markets.
To schedule an inspection please call Benjamin Klein on 0433 047 000 or Graham Hicks on 0423 009 900
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