- (03) 9225 5254
- info@mollard.com.au
- Mon - Fri 9am - 5pm
South Melbourne · Victoria
South Melbourne, Victoria
A heritage-listed industrial building, minutes from the CBD — acquired and rezoned from 1,250m² industrial into a 4,000m² commercial office headquarters.
Original site
1,250 m²
Industrial use
Developed capacity
4,000 m²
Commercial office
Rezoning
Industrial → commercial
Government rezoning uplift
Position
Minutes to CBD
Tightly held precinct
Building
Heritage-listed
Former industrial building
Project overview
From industrial to headquarters.
A fast-growing company wanted out of leased premises and into a permanent headquarters — one that would also build long-term capital value. MPG ran a targeted search across Melbourne’s inner suburbs and acquired a heritage-listed industrial building on Ingles Street, South Melbourne — a tightly held precinct minutes from the CBD.
The real value was in the planning: MPG secured a government rezoning that transitioned the site from 1,250 square metres of industrial use to a 4,000 square metre commercial office development — a significant uplift in capacity from the same piece of land.
i.
The Challenge
A fast-growing company needed to move from leased premises into a permanent headquarters — one that would also hold long-term capital value. The site that fit was a heritage-listed industrial building in a tightly held South Melbourne precinct, minutes from the CBD.
ii.
The Approach
MPG ran a targeted inner-suburban search and acquired the site, then went to work on the planning. A government rezoning transitioned it from 1,250 square metres of industrial use to a 4,000 square metre commercial office development — supported by feasibility and development analysis, design coordination and planning permit management.
iii.
The Outcome
A permanent headquarters for the business and a commercial asset with long-term capital growth — built on a rezoning uplift that significantly expanded what the land could deliver.
The MPG work behind it
Search, acquire, rezone, deliver.
Turning an industrial building into a commercial headquarters took the full development sequence.
i.
Strategic Property Search & Acquisition
A targeted inner-suburban search, ending in the acquisition of a heritage-listed building in a tightly held precinct.
Result · Site secured
ii.
Feasibility & Development Analysis
Modelling the rezoning uplift and the development case before commitment.
Result · Case proven
iii.
Planning Permit Management
Securing the government rezoning from industrial to commercial and managing the permit.
Result · Rezoned to commercial
iv.
Design Coordination
Coordinating the design of the 4,000 square metre office development.
Result · Scheme coordinated
v.
Development Management
Carrying the project through delivery as a permanent headquarters.
Result · HQ delivered
Project gallery
South Melbourne.
Heritage frontage
Workspace
Office interior
Services on this project
How we delivered South Melbourne.
Next project
The Victoria Albert
144 premium residences behind an 1882 heritage facade →
For owner-occupiers and investors
The value is often in the planning.
In South Melbourne, a 1,250-square-metre industrial building became a 4,000-square-metre commercial headquarters — through a rezoning that expanded what the land could carry. If you are buying or holding a site, we will model its highest and best use, planning uplift included, before you commit.
Confidential. No obligation.
Book a Highest and Best Use consultation Explore our services
Or call us directly
(03) 9225 5254
Mon – Fri 9am – 5pm AEST
