21-23 Stawell Street

A landmark of architectural strength and refined industrial elegance, 2123 Stawell Street stands as one of North Melbourne's most compelling and substantial live/work offerings. Encompassing approximately 330 sqm, this impressive converted warehouse delivers scale, flexibility and rare dual street frontage - a blue-chip opportunity within one of Melbourne's fastest evolving city-fringe precincts. Designed for those who think beyond convention, it offers entrepreneurs, creatives, investors and professionals a seamless fusion of business functionality, lifestyle excellence and long-term capital growth. Behind its commanding industrial façade lies a brilliantly executed live/work environment. The ground floor presents an expansive commercial domain featuring four private offices, a generous open-plan workspace bathed in natural light, a well-appointed kitchenette and two modern bathrooms. The layout offers exceptional flexibility for creative agencies, architecture and design studios, technology firms, consultancies or boutique headquarters seeking a distinctive address. Access via the second street frontage at 26 Munster Terrace further enhances exposure, convenience and operational efficiency. Upstairs, the property transforms into a sophisticated residential retreat. The first floor unfolds into a vast open-plan living and dining zone anchored by a sleek stainless-steel kitchen, where original warehouse character blends seamlessly with contemporary refinement. Two mezzanine bedrooms overlook the main level, complemented by a separate study and an additional large master bedroom. An elegantly designed oval powder room and a full bathroom with separate shower and bath complete the level, delivering both luxury and practicality. Adding another layer of versatility, the property incorporates a separate, self-contained studio - ideal for guest accommodation, rental income, consulting suites or an independent creative workspace. This rare inclusion significantly enhances the asset's multi-income and multi-purpose appeal. A private rooftop deck crowns the building, offering an exceptional setting for entertaining, hosting clients or relaxing against the backdrop of Melbourne's skyline. Ducted heating and cooling throughout ensure year-round comfort across all levels. Positioned moments from Arden Station and the transformative Metro Tunnel network, the location places you at the forefront of North Melbourne's next chapter. Enjoy a short stroll to the vibrant cafés and boutiques of Errol Street, the iconic Queen Victoria Market and the open green spaces of Flagstaff Gardens, with immediate connectivity to the CBD and major transport links. This is more than a warehouse conversion. It is a high-performing asset, an elevated lifestyle and a strategic acquisition within a tightly held growth corridor. Opportunities of this calibre, scale and flexibility are exceptionally rare. Inspection by appointment or see you at the open home. Enquire today to experience 2123 Stawell Street, North Melbourne - where vision meets value.