5-9 Provost Street North Melbourne VIC 3051

Under instructions from Newpoint Advisory as Receiver and Manager, CBRE Melbourne Metropolitan Sales is pleased to present a permit approved townhouse site within the highly renowned City Fringe suburb of North Melbourne.

This opportunity can be summarised by the following key attributes:

+ 504sqm* Mixed-Use Zone corner landholding with three (3) frontages

+ Existing planning permit & endorsed plans for eight (8) townhouses

+ Development ready with full suite of consultant's documentation available

+ Strong median house price of $1,300,000* (REIV)

+ Walking distance to Victoria Street retail precinct and Queen Victoria Market (800m*).

+ 450m* To the New Arden Train Station (under construction), Immediate Tram Access along Queensberry Street, with road arterials including Flemington Road, Boundary Road and CityLink.

+ Melbourne University (1km*), North Melbourne Primary School (800m*), Royal Melbourne Institute of Technology (RMIT) (1.6km*) and University High School (800m*).

+ Walking distance to The Royal Melbourne Hospital (800m*) & The Royal Children's Hospital (850m*)

*Denotes approx.

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()