BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Rare Inner-City Development Opportunity in Melbourne's Premier Education Precinct\nCushman & Wakefield in conjunction with Savills\, ar e pleased to present 106120 Berkeley Street\, Carlton for Sale by Interna tional Expressions of Interest closing Thursday 14th May 2026 at 2pm (AES T).\n\nPositioned within one of Melbourne's most tightly held and high-pe rforming education precincts\, this rare inner-city freehold development site offers exceptional fundamentals for a high-quality purpose-built stu dent accommodation (PBSA) project. With a concept scheme already in place \, strong holding income\, and direct proximity to the University of Melb ourne and RMIT\, this is a truly compelling opportunity not to be missed. \n\nKey details are highlighted below:\n\n Valuable landholding of 661sqm * with approximately 40m* of frontage to Berkeley Street\, situated withi n one of Melbourne's most tightly held inner-city precincts\n Capital Cit y Zone Schedule 5 (CCZ5) under the City of Melbourne Planning Scheme\, o ne of Melbourne's most permissive zones for high-density development.\n C omprehensive concept scheme for a 282-bed\, 13-storey PBSA building prepa red by Plus Architecture\, incorporating urban-design feedback from the C ity of Melbourne (STCA). NLA of 5\,195sqm* & GFA of 8\,195 sqm*\n Secure holding income with the property leased to Seven Seeds Coffee Roasters un til May 2028\, generating $177\,379.36 in net rental income from June 202 6 onwards (12-month demo clause for landlord in agreement). In addition t o a residential lease currently providing $52\,364 per annum on a month-t o-month lease basis. Combined net annual passing income of $229\,743.\n L ocated in direct proximity to the University of Melbourne (120m*) and RMI T University (620m*)\, within Melbourne's established education precinct and on the doorstep of the CBD\, with over 110\,000 students enrolled acr oss both campuses\n Excellent public transport connectivity with multiple tram routes along Peel and Elizabeth Streets and the newly opened Parkvi lle Train Station (290m*)\, with Melbourne Central Station (860m*) also w ithin walking distance\n Established PBSA corridor surrounded by major op erators including Scape Australia (105 Berkeley Street & 122136 Berkeley Street)\, UniLodge and Journal Student Living\, reflecting deep instituti onal confidence in the precinct\n Strong lifestyle amenity with proximity to Carlton Gardens (940m*)\, Royal Park (1.2km*)\, the Lygon Street dini ng precinct (650m*)\, Melbourne Central (860m*) and Emporium Melbourne (1 .2km*)\n Concept scheme meets City of Melbourne Student Housing Policy re quirements\, delivering a diverse room typology (1734sqm)\, on-site manag ement model\, and generous communal amenity across multiple levels includ ing study rooms\, lounges\, a gym and communal terrace\n\n*Approx.\n^STCA \n\nCushman & Wakefield in conjunction with Savills\, are pleased to pres ent 106120 Berkeley Street\, Carlton for Sale by Expressions of Interest closing Thursday 14th May 2026 at 2pm.\n\n\nFor more information\, please contact the exclusive agents below.\n\nCushman & Wakefield\nLeon Ma | + 61 417 070 725\nOliver Hay | +61 419 528 540\nDaniel Wolman | +61 412 957 839\n\n\nSavills\nBenson Zhou | +61 458 488 888\nJulian Heatherich | +61 412 995 655\nAndy Hu | +61 410 868 066 DTEND:20260514T140000 DTSTAMP:20260410T035308Z DTSTART:20260514T140000 LOCATION: SEQUENCE:0 SUMMARY:Expression Of Interest: 106-120 Berkeley Street\, Carlton VIC UID:CRE-2020749729-EOI X-ALT-DESC;FMTTYPE=text/html:< title>

Rare Inner-City Development Opportu nity in Melbourne's Premier Education Precinct
Cushman & Wakefield in conjunction with Savills\, are pleased to present 106120 Berkeley Stre et\, Carlton for Sale by International Expressions of Interest closing Th ursday 14th May 2026 at 2pm (AEST).

Positioned within one of Melbourne's most tightly held and high-performing education precincts\, this rare inner-city freehold development site offers exceptional fundame ntals for a high-quality purpose-built student accommodation (PBSA) proje ct. With a concept scheme already in place\, strong holding income\, and direct proximity to the University of Melbourne and RMIT\, this is a trul y compelling opportunity not to be missed.

Key details are h ighlighted below:

Valuable landholding of 661sqm* with appr oximately 40m* of frontage to Berkeley Street\, situated within one of Me lbourne's most tightly held inner-city precincts
Capital City Zone Schedule 5 (CCZ5) under the City of Melbourne Planning Scheme\, one of Melbourne's most permissive zones for high-density development.
Co mprehensive concept scheme for a 282-bed\, 13-storey PBSA building prepar ed by Plus Architecture\, incorporating urban-design feedback from the Ci ty of Melbourne (STCA). NLA of 5\,195sqm* & GFA of 8\,195 sqm*
Sec ure holding income with the property leased to Seven Seeds Coffee Roaster s until May 2028\, generating $177\,379.36 in net rental income from June 2026 onwards (12-month demo clause for landlord in agreement). In additi on to a residential lease currently providing $52\,364 per annum on a mon th-to-month lease basis. Combined net annual passing income of $229\,743.
Located in direct proximity to the University of Melbourne (120m* ) and RMIT University (620m*)\, within Melbourne's established education precinct and on the doorstep of the CBD\, with over 110\,000 students enr olled across both campuses
Excellent public transport connectivity with multiple tram routes along Peel and Elizabeth Streets and the newly opened Parkville Train Station (290m*)\, with Melbourne Central Station (860m*) also within walking distance
Established PBSA corridor sur rounded by major operators including Scape Australia (105 Berkeley Street & 122136 Berkeley Street)\, UniLodge and Journal Student Living\, reflec ting deep institutional confidence in the precinct
Strong lifestyl e amenity with proximity to Carlton Gardens (940m*)\, Royal Park (1.2km*) \, the Lygon Street dining precinct (650m*)\, Melbourne Central (860m*) a nd Emporium Melbourne (1.2km*)
Concept scheme meets City of Melbou rne Student Housing Policy requirements\, delivering a diverse room typol ogy (1734sqm)\, on-site management model\, and generous communal amenity across multiple levels including study rooms\, lounges\, a gym and commun al terrace

*Approx.
^STCA

Cushman & Wakef ield in conjunction with Savills\, are pleased to present 106120 Berkeley Street\, Carlton for Sale by Expressions of Interest closing Thursday 14 th May 2026 at 2pm.

For more information\, please con tact the exclusive agents below.

Cushman & Wakefield
L eon Ma | +61 417 070 725
Oliver Hay | +61 419 528 540
Daniel Wolman | +61 412 957 839

Savills
Benson Zhou | +61 458 488 888
Julian Heatherich | +61 412 995 655
Andy Hu | +61 410 868 066

END:VEVENT END:VCALENDAR