A heritage style commercial building situated in a prominent Melbourne fringe precinct will go under the hammer this month.

Comprising a building area of 640 square metres, 112-114 Rosslyn Street benefits from Mixed-Use zoning and proximity to attractions such as the Melbourne CBD Legal Precinct, Flagstaff Gardens, Dockland, the Royal Exhibition Building, and Melbourne Museum.

The two-storey freehold building features full kitchen, laundry, and end-of-trip facilities, as well as a rear courtyard and terrace.

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Source: Allard Shelton.

There are also historic design elements ranging from exposed wooden trusses in the ceiling to a red-brick facade.

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Source: Allard Shelton

Selling agent and Allard Shelton Director Joseph Walton said the property was positioned in an area that comprised a mix of established commercial properties and emerging residential and mixed-use developments. 

"There are a lot of brand new high-density residential developments in the area and some great red-brick industrial buildings, similar to what this is," he said.

"This is a very unique and high-quality office space suitable for immediate occupation.

"Alternatively, the property would also be suitable for a high-end residential conversion, either to multiple units or a large single unit.

"Given its location, there is also the opportunity for residential development."

Allard Shelton Director Michael Ryan agreed, describing the property as a "fantastic opportunity" for investors and owner-occupiers alike.

"The inner-city location provides significant potential for future upside," he said.

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Source: Allard Shelton

The building  112-114 Rosslyn Street, West Melbourne will be sold at an on-site auction held at 12.30pm on Thursday, November 26.

For more information, email or phone Joseph Walton or Michael Ryan via the details provided below.

Click here to view the IM.

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