JLL Capital Markets is proud to present 48-50 Villiers Street, North Melbourne for immediate private sale.
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
