The JLL Melbourne Commercial Sales team in conjunction with CVA Property Consultants are pleased to offer for sale a landmark corner development opportunity located at 317-327 Napier Street, Fitzroy (Corner Johnston Street)
Key details of the property include:
- A strategically amalgamated corner landholding of 1,472sqm* offering a substantial combined street frontage of 78 metres*
- Extraordinary redevelopment potential due to flexible Commercial 1 Zoning and recently revised planning controls increasing height potential (STCA)
- Multiple frontages and access points improve construction efficiency and access to light, air and views for future product
- Two existing leases to longstanding tenants providing strong holding income
- Centrally located within Melbourne's most vibrant lifestyle precinct, featuring unparalleled accessibility to parks, public transport, retailing, health and education services
- Fitzroy, recently voted Melbourne's #1 most liveable suburb**, is a proven development precinct endorsed by some of Australia's most renowned and successful developers
- Highly convenient access to the Melbourne CBD via nearby tram and bus networks, cycling paths and Collingwood Train Station, as well as iconic Brunswick and Smith Street shopping precincts
- First time ever offered to the public market as a combined landholding
PROUDLY SOLD BY JLL & CVA
For further information on this outstanding corner development opportunity, please contact any member of the JLL Melbourne team.
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
MingXuan Li | 0498 688 998
** CoreLogic Rating Data
In conjunction with CVA
Ian Angelico | 0418 336 088
High Profile C1Z Corner Landholding
Valuable Holding Income Stream
Melbourne's Hottest Location