BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:3 FRONTAGES\, EXCEPTIONAL PARKING PLUS FLEXIBILITY\nD+O Proper ty is pleased to exclusively present a rare commercial/industrial investm ent opportunity in Melbourne's premier urban renewal precinct\, Fisherman s Bend.\n\n51-59 Fennell Street\, Port Melbourne comprises two fully leas ed buildings across a 2\,561 sqm* Capital City Zone (CCZ1) landholding\, located approximately 2km from the Melbourne CBD. With dual frontage to F ennell and Ingles Street within the 480ha* Fishermans Bend renewal precin ct\, the property enjoys immediate access to the West Gate Freeway and Ci tyLink.\n\nThe property is occupied by two established tenants - Michelin Australia and HungryHungry\, a hospitality technology company. The prope rty presents near-term leasing considerations\, while also creating oppor tunity to capture rental reversion. Alternatively\, the property may suit owner occupation.\n\n51-59 Fennell Street is being offered at well below replacement cost. The property's Capital City Zoning with no height rest rictions and support for mixed use underpins compelling medium to long-te rm development potential of the site.\n\nKey Selling Features\n+ 100% le ased generating $739\,764 p.a.* net income\n+ Strong quality tenants - M ichelin Australia and HungryHungry\n+ Outstanding parking with 59 spaces * (no levy)\n+ Flexible zoning with no height limit (minimum 16 storeys plus STCA)\n+ Offered below replacement cost with strong land value fund amentals\n+ Outstanding access to all parts of metropolitan Melbourne\n+ Potential owner-occupier and repositioning opportunity \n\nThe property is offered for Sale via Expressions of Interest closing Thursday\, 21 Ma y 2026 at 3:00pm AEST. Please contact exclusive marketing agent\, Walter Occhiuto of D+O Property for further information. \n\nTransaction Advisor - Charter Keck Cramer\n\n*Approx. DTEND:20260521T150000 DTSTAMP:20260421T062733Z DTSTART:20260521T150000 SEQUENCE:0 SUMMARY:Expression Of Interest: 51-59 Fennell Street\, Port Melbourne VIC UID:CRE-2020777614-EOI X-ALT-DESC;FMTTYPE=text/html:< title>

3 FRONTAGES\, EXCEPTIONAL PARKING P LUS FLEXIBILITY
D+O Property is pleased to exclusively present a ra re commercial/industrial investment opportunity in Melbourne's premier ur ban renewal precinct\, Fishermans Bend.\n
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51-59 Fennell St reet\, Port Melbourne comprises two fully leased buildings across a 2\,56 1 sqm* Capital City Zone (CCZ1) landholding\, located approximately 2km f rom the Melbourne CBD. With dual frontage to Fennell and Ingles Street wi thin the 480ha* Fishermans Bend renewal precinct\, the property enjoys im mediate access to the West Gate Freeway and CityLink.\n
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Th e property is occupied by two established tenants - Michelin Australia an d HungryHungry\, a hospitality technology company. The property presents near-term leasing considerations\, while also creating opportunity to cap ture rental reversion. Alternatively\, the property may suit owner occupa tion.\n
\n
51-59 Fennell Street is being offered at well belo w replacement cost. The property's Capital City Zoning with no height res trictions and support for mixed use underpins compelling medium to long-t erm development potential of the site.\n
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Key Selling Featu res\n
+ 100% leased generating $739\,764 p.a.* net income\n
+ Strong quality tenants - Michelin Australia and HungryHungry\n
+ Outstanding parking with 59 spaces* (no levy)\n
+ Flexible zonin g with no height limit (minimum 16 storeys plus STCA)\n
+ Offered below replacement cost with strong land value fundamentals\n
+ Out standing access to all parts of metropolitan Melbourne\n
+ Potenti al owner-occupier and repositioning opportunity \n
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The pro perty is offered for Sale via Expressions of Interest closing Thursday\, 21 May 2026 at 3:00pm AEST. Please contact exclusive marketing agent\, Wa lter Occhiuto of D+O Property for further information. \n
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Transaction Advisor - Charter Keck Cramer\n
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*Approx.

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