441-447 & 449-451 Elizabeth Street & 139-141 Franklin Street Melbourne VIC 3000
Development / Land
1,530 m²
For Sale, Please contact agent
Three (3) High-Profile CBD Opportunities Anchored by an Approved Planning Permit
THREE (3) CBD TROPHY FREEHOLDS
PERMIT APPROVED FOR A 32-STOREY TOWER
AVAILABLE INDIVIDUALLY OR COMBINED
Colliers is proud to exclusively present for sale 441-447 & 449-451 Elizabeth Street & 139-141 Franklin Street, Melbourne, to be acquired individually or in one line.
One of the last major permit approved opportunities in this pocket of the Melbourne CBD Grid.
- Three (3) primely located CBD freehold opportunities to be acquired individually or in one line, offering major retail exposure and development opportunity
- Expansive combined frontage in excess of 40 metres* to Elizabeth and Franklin Streets
- 1,530m²* of premium developable land in the central northern corridor of the Melbourne CBD
- Permit approved for a major 32-storey retail and residential tower
- Located amongst the bustling 24-hour retail trade Elizabeth Street thoroughfare, Melbourne's fastest growing pocket with heavy pedestrian traffic
- Added benefit of short-term holding income with a major opportunity to implement an effective leasing strategy and drive rents over multiple income streams
- Surrounded by high-profile mixed-use developments set to transform the precinct including the Queen Victoria Market Renewal Project and Mirvac's BTR Community Hub
- Immediate proximity to the $9* billion Melbourne Metro Tunnel Project
441-447 & 449-451 Elizabeth Street & 139-141 Franklin Street, Melbourne is For Sale via International Expressions of Interest closing Thursday 2 September 2021 at 12pm.
To arrange an inspection or for more information please contact Colliers Melbourne City Sales as the exclusive selling agents.
Oliver Hay | +61 419 528 540 Daniel Wolman | +61 412 957 839 Matt Stagg | +61 409 411 300 Leon Ma | +61 417 070 725 Trent Hobart | +61 433 196 452
