THE BEST LAND BANK DEVELOPMENT OPPORTUNITY IN MELBOURNE
NEARLY $700,000 IN NET ANNUAL INCOME
LANDHOLDING OF 7661sqm* OVER TWO TITLES
HUGE DEVELOPMENT POTENTIAL (STCA)
253-273 Normanby Road, South Melbourne
Unprecedented 7,661sqm* land bank development opportunity.
Three major street frontages totalling 297m*
Current lease to world renowned Oxford University for $688,724 pa* net until 29th March 2018, with a 6 month option period, occupying the high quality 4,515sqm* office and warehouse improvements
Located only 1.5km* from the CBD, 100m* to Montague Street Light Rail and strong transport linkages via the West Gate Freeway, Montague Street and Citylink
The Fishermans Bend Urban Renewal Structure Plan provides for a 40 level height limit, offering significant development potential (STCA)
FOR SALE VIA INTERNATIONAL EXPRESSION OF INTEREST CLOSING THURSDAY 7TH APRIL AT 2PM
OPEN FOR INSPECTION: FRIDAY 11TH OF MARCH FROM 2-3PM FRIDAY & 18TH OF MARCH FROM 2-3PM
Map for 253-273 Normanby Road South Melbourne VIC 3205
Map for 253-273 Normanby Road South Melbourne VIC 3205
Commercial loan calculator
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Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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