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Sold on 21 Nov 2014

75-77 Palmerston Crescent South Melbourne VIC 3205

  • Development / Land
  • 812 m²
  • Sold, $8,000,000

EXCLUSIVE PERMITTED SOUTH MELBOURNE SITE

    Capitalise on unique permit approval providing for immediate development of a quality designed scheme over 9 levels, all in the revered Albert Park / Botanical Gardens precinct on the Melbourne CBD fringe.

    75-77 Palmerston Crescent, South Melbourne features:

    - Lucrative land holding of 812sqm* featuring 2 level commercial office building with 12 car spaces offered with vacant possession
    - 3 road frontages of over 82m*
    - Planning permit for 9 level building including up to 77 apartments + commercial, with scope to improve (STCA)
    - Quality design by renowned architects
    - Immediate access to variety of public transport options
    - Located centrally to: South Melbourne, Southbank, South Yarra & St Kilda retail, entertainment & dining precincts; Albert Park Lake, Royal Botanical Gardens & associated recreation amenity; South Melbourne Market; Port Phillip Bay beaches; Melbourne CBD

    For Sale by Public Expressions of Interest:
    Closing Tuesday 11th November 2014 at 5pm (AEST)

    Please contact exclusive selling agents, CBRE for more information - (03) 8621 3333.

    *Approximate

    CBRE Mulgrave
    CBRE Melbourne
    CBRE Mulgrave
    CBRE Melbourne

    Property Highlights

    Property ID2016946303
    Date Sold21 Nov 2014
    Sold Price$8,000,000
    Floor Area812 m²
    Land Area812 m²
    ParkingOn site parking available
    Building TypePartial building
    Category
    Last updated  20 Apr 2021
    Map for 75-77 Palmerston Crescent South Melbourne VIC 3205
    Map for 75-77 Palmerston Crescent South Melbourne VIC 320575-77 Palmerston Crescent South Melbourne VIC 3205
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    • Purchase price

      $
      8,000,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    CBRE Mulgrave
    CBRE Melbourne
    CBRE Mulgrave
    CBRE Melbourne

    Property Highlights

    Property ID2016946303
    Date Sold21 Nov 2014
    Sold Price$8,000,000
    Floor Area812 m²
    Land Area812 m²
    ParkingOn site parking available
    Building TypePartial building
    Category
    Last updated  20 Apr 2021
    CBRE Melbourne
    Level 34, 8 Exhibition Street Melbourne VIC 3000
    CBRE Mulgrave
    CBRE Melbourne
    CBRE Mulgrave
    CBRE Melbourne

    Ask CBRE Mulgrave about this property

    CBRE Mulgrave

    CBRE Mulgrave

    CBRE Melbourne

    03 8 *** ***
    03 8621 3333

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