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DESCRIPTION:Landmark 4\,200 sqm* City-Fringe Island Site with Bracing Hold
 ing Income\nLemon Baxter is pleased to present 275 Normanby Road\, Port M
 elbourne\, an exciting development opportunity positioned at the gateway 
 of Australia's largest urban renewal corridor. Occupying a rare 4\,200 sq
 m footprint just 2km from the Melbourne CBD\, this ultimate design canvas
  features an exceptional 291 meters of combined four-street frontage.\n\n
 Secure a $1.625 million p.a.* net holding income via a proposed short-ter
 m leaseback\, completely offsetting carrying costs during the planning ph
 ase (STCA). Set among premium institutional-grade developments\, a city-f
 ringe island site landholding of this geometric scale is incredibly rare.
 \n\n- A major 4\,200 sqm* city-fringe landholding held across two freehol
 d titles\n- 291 meters* of combined frontages across Normanby Rd\, Ingles
  St\, Evans St and Boundary St\n- Generates approximately $1\,625\,000 p.
 a.* net holding income via a secure short-term leaseback\n- Features high
 ly functional\, specialised technical and laboratory improvements\n- Posi
 tioned on the coveted Port Melbourne/South Melbourne border with walkable
  access to South Melbourne Market\, DFO South Wharf and riverfront dining
 \n- Located adjacent to the Fishermans Bend Renewal precinct\, benefittin
 g from immediate tram access\, and proposed train and cycling corridors\n
 - Significant short-term repositioning and future mixed-use or high-densi
 ty residential redevelopment potential (STCA)\n\n275 Normanby Rd is being
  offered For Sale by Expressions of Interest (EOI) closing Wednesday 8th 
 July at 12:00pm (AEST).\n\nTo request access to the online Data Room for 
 due diligence documentation or to arrange an inspection\, please contact 
 the exclusive Lemon Baxter agents today.\n\n*approx
DTEND:20260708T120000
DTSTAMP:20260604T063829Z
DTSTART:20260708T120000
SEQUENCE:0
SUMMARY:Expression Of Interest: 275 Normanby Road\, Port Melbourne VIC
UID:CRE-2020893757-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>Landmark 4\,200 sqm* City-Fringe Is
 land Site with Bracing Holding Income <br/> Lemon Baxter is pleased to pr
 esent 275 Normanby Road\, Port Melbourne\, an exciting development opport
 unity positioned at the gateway of Australia's largest urban renewal corr
 idor. Occupying a rare 4\,200 sqm footprint just 2km from the Melbourne C
 BD\, this ultimate design canvas features an exceptional 291 meters of co
 mbined four-street frontage. <br/>  <br/> Secure a $1.625 million p.a.* n
 et holding income via a proposed short-term leaseback\, completely offset
 ting carrying costs during the planning phase (STCA). Set among premium i
 nstitutional-grade developments\, a city-fringe island site landholding o
 f this geometric scale is incredibly rare. <br/>  <br/> - A major 4\,200 
 sqm* city-fringe landholding held across two freehold titles <br/> - 291 
 meters* of combined frontages across Normanby Rd\, Ingles St\, Evans St a
 nd Boundary St <br/> - Generates approximately $1\,625\,000 p.a.* net hol
 ding income via a secure short-term leaseback <br/> - Features highly fun
 ctional\, specialised technical and laboratory improvements <br/> - Posit
 ioned on the coveted Port Melbourne/South Melbourne border with walkable 
 access to South Melbourne Market\, DFO South Wharf and riverfront dining 
 <br/> - Located adjacent to the Fishermans Bend Renewal precinct\, benefi
 tting from immediate tram access\, and proposed train and cycling corrido
 rs <br/> - Significant short-term repositioning and future mixed-use or h
 igh-density residential redevelopment potential (STCA) <br/>  <br/> 275 N
 ormanby Rd is being offered For Sale by Expressions of Interest (EOI) clo
 sing Wednesday 8th July at 12:00pm (AEST). <br/>  <br/> To request access
  to the online Data Room for due diligence documentation or to arrange an
  inspection\, please contact the exclusive Lemon Baxter agents today. <br
 />  <br/> *approx</P></body></html>
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