CBRE Melbourne Metropolitan Sales is offering for sale 372 Spencer Street, West Melbourne comprising a prominent two-level office building, ideally suited for a major mixed-use development, office headquarters or value-add enhancement.
Key details of the opportunity include:
+ 514sqm* landholding is in West Melbourne's Flagstaff precinct, providing a 16-level height potential and allowing for several development outcomes including retail, office, hotel and residential (STPA)
+ Multiple street frontages and entry points via Spencer Street, Jeffcott Place to the rear and side laneway access
+ Excellent transport linkages via direct access to Southern Cross Railway Station Melbourne's most frequented transit hub as well as the La Trobe Street tram network, Docklands waterfront & sporting precinct, Flagstaff Gardens, Errol Street & The Queen Victoria Market all within walking distance
+ Located adjacent to the booming western precinct of the Melbourne CBD, and set to benefit from over $3 billion of private and public investment
+ Surrounded by world class education, retail, entertainment and residential amenity
The opportunity to secure a high calibre CBD fringe office building of this nature is extremely rare, especially when you consider the prime location, exceptional future growth potential and unprecedented future development potential.
*Approx.
Contact CBRE for further information regarding this excellent opportunity.
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
CBRE Asian Services Team:
Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com
jheng1206