253-273 Normanby Road South Melbourne VIC 3205

Development / Land
7,661 m²
Sold

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

CBRE Victorian Development Sites Team

Mark Wizel
+61 409 809 868

Josh Rutman
+61 411 273 746

Julian White
+61 422 764 137

Ed Wright
+61 421 213 021

*approx

CBRE

Level 34,

Melbourne, VIC 3000

Property Highlights

Date Sold	1 Jun 2016
Floor Area	Ask Agent
Land Area	7,661 m²
Parking	On site parking available
Property ID	2012640864
Category	Development / Land
Last updated	12 Nov 2020

Map for 253-273 Normanby Road South Melbourne VIC 3205

Nearest transport* to 253-273 Normanby Road South Melbourne VIC 3205

Bus

Train

Tram

Johnston St/Normanby Rd (Port Melbourne)	41 m
Montague St/Normanby Rd (South Melbourne)	137 m
Montague St/Normanby Rd (South Melbourne)	152 m
Ingles St/Normanby Rd (Port Melbourne)	177 m

*Within a 4km radius

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CBRE

Level 34,

Melbourne, VIC 3000

Property Highlights

Date Sold	1 Jun 2016
Floor Area	Ask Agent
Land Area	7,661 m²
Parking	On site parking available
Property ID	2012640864
Category	Development / Land
Last updated	12 Nov 2020

Listed by

CBRE

Call

03 86213333

More about 253-273 Normanby Road South Melbourne VIC 3205

253-273 Normanby Road South Melbourne VIC 3205 is categorized as Land & Development Property. It has a land area of 7,661 m². The listing ID for this property is 2012640864.