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487-489 King Street
West Melbourne VIC 3003
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Sold on 19 May 2020

487-489 King Street West Melbourne VIC 3003

  • Offices
  • 776 m²
  • Sold

Prime City Fringe Office Building

  • High Quality Office Building
  • Includes 10 Car Spaces
  • Extended Settlement Terms

Savills is delighted to offer for sale this prime city-fringe office freehold at 487-489 King Street, West Melbourne. This boutique building has been meticulously maintained and refurbished over time presenting extremely well throughout, and is ideally positioned within Melbourne's tightly held city-fringe.

The key attributes of this outstanding asset include:
- A high profile 2-level office building in excellent condition
- Total Building Area of 776sq m*
- Basement parking for at least 10 cars
- Valuable landholding of 404sq m* with rear access
- Mixed Use Zone (future height potential of at least 8 levels STCA)
- High quality office space with fantastic natural light
- Extended settlement terms with vacant possession
- A superb location just 500m* from the CBD and a short walk from Flagstaff Gardens, Queen Victoria Market, and new 'West End' retail precinct
- The perfect, boutique city-fringe freehold to occupy, invest or develop!
*Approx.

The opportunity to secure such 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. Accordingly we encourage prospective purchasers to actively consider this excellent opportunity.

SOLD

Savills Agents:

Benson Zhou: 0458 488 888
Julian Heatherich - 0412 995 655

Transaction Advisor: Charter Keck Cramer

Property Highlights

Date Sold19 May 2020
Floor Area776 m²
Land Area404 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2016124245
Category
Last updated  2 Nov 2021
Map for 487-489 King Street West Melbourne VIC 3003

Property Highlights

Date Sold19 May 2020
Floor Area776 m²
Land Area404 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2016124245
Category
Last updated  2 Nov 2021
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000

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