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48-50 Villiers Street North Melbourne VIC 3051

  • Development / Land
  • 353 m²
  • For Sale, Contact Agent

North Melbourne + Permit = Endless Possibilities

  • Permit approval for 11-level development
  • Proposed management agreement in place
  • Heart of biomedical & education precinct

JLL Capital Markets is proud to present 48-50 Villiers Street, North Melbourne for sale via an international Expressions of Interest process, closing Wednesday 9 th December at 2:00pm.

To be sold development-ready with permit approval for an 11-level development (GFA 2,778sqm*)
A proposed management agreement is in place with a leading co-living operator, providing strong and diverse income generation potential
Highly flexible Mixed-Use Zoning and outstanding existing neighbouring height precedents allows for an array of uses including residential, office, mixed-use or student accommodation (STCA)
Located within one of Melbournes major growth corridors, suburb population is forecast to increase by 120.6% over next 20 years
On the doorstep of Melbournes bio-medical precinct: the recently completed $1 billion Peter MacCallum Cancer Centre, the Royal Womens Hospital, the Royal Melbourne Hospital and the Royal Childrens Hospital.
Proximity to Australias #1 ranked University, the University of Melbourne (400 m*), as well as RMIT University (1.2 km*) exemplifies the precincts reputation for educational excellence
Situated just 1 km* from Melbournes CBD with direct access via Flemington Road trams and just 300 m* from the new Parkville Metro Tunnel Station, ensuring excellent long-term connectivity to greater Melbourne.

*approx

Contact the listing agents below:

JOSH RUTMAN
+61 411 27 37 46
STEVE KELLY
+61 407 320 377
JAMES THORPE
+61 414 510 071
MINGXUAN LI
+61 498 688 998

Property Highlights

Property ID2016601896
Floor AreaAsk Agent
Land Area353 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  11 Nov 2020
Map for 48-50 Villiers Street North Melbourne VIC 3051
Map for 48-50 Villiers Street North Melbourne VIC 305148-50 Villiers Street North Melbourne VIC 3051
JLL - Melbourne
Level 40 101 Collins Street Melbourne VIC 3000

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