410 Elizabeth Street Melbourne VIC 3000

An exceptional opportunity to acquire a landmark corner site with plans and permit for a 50 level residential development. Land area of 1012 sqm. The existing building of 6,019 sqm also provides a rare CBD owner-occupation opportunity for office or educational use.

- Existing 7 level building comprising ground level retail tenancies plus 6 upper levels currently occupied for education use
- Building area: 6,091 square metres*
- Land area: 1,012 square metres*
- Fully leased to RMIT, Australia Post and Hudsons Coffee on short-term arrangements
- Current net rental: $1,119,932 per annum*
- Positioned in the heart of the Education Precinct close to RMIT, Melbourne Central, QV, Queen Victoria Market, Melbourne University and abundant public transport
- Plans and permit for a 50 level residential tower - Melbourne's best major development opportunity
*approx

For sale by EOI closing Wednesday 28 October at 2pm

Contact:
Clinton Baxter 0411 244 223
Langton McHarg 0402 138 451