CBRE is offering for sale 179-185 Peel Street and 4 Courtney Street, North Melbourne.
The opportunity comprises mixed-use freehold investment, with an unrivalled location on the cusp of Melbourne's CBD and in close proximity to The Queen Victoria Market.
Key details include:
+ 179-185 Peel Street comprises a corner office freehold, with multiple sides of natural light and a short term lease in place with vacant possession available
+ 4 Courtney Street is a 2 level mixed-use building with popular café Little Ivy Coffee & Tea occupying the ground floor, with upstairs providing the flexibility for residential use
+ Flexible Mixed-Use Zone accommodates for a range of building uses including Residential, Retail & Hospitality, Office & Medical or a combination given the multiple access points and wide street frontage + side access
+ Nearby The Queen Victoria Market, benefiting from the $1.7bn* redevelopment set to be undertaken by Lendlease, due to deliver high density commercial & residential accommodation, significantly boosting foot traffic and investment into the catchment
+ Located on the edge of Melbourne's CBD, benefiting from favourable mixed-use zoning and outstanding height precedent, providing exciting future development opportunities (STCA)
+ Surrounding several education hubs anchored by RMIT University and The University of Melbourne, in addition to world class medical hospitals close by in Flemington Road
+ Excellent connectivity provided via Elizabeth, Victoria and William Streets, benefiting from a major tram strop directly outside the property and Flagstaff Train Station 1km* away
179-185 Peel Street and 4 Courtney Street, North Melbourne is for sale via expressions of interest closing Thursday 10th July at 2:00pm.
Contact CBRE for further information.
David Minty
+61 422 564 199
david.minty@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.