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Sold on 13 Sep 2019

77-83 Sutton Street North Melbourne VIC 3051

  • Development / Land
  • 3,439 m²
  • Sold

BANK YOUR SECTION OF NORTH MELBOURNE

  • UP TO 12 LEVEL HEIGHT POTENTIAL (STPA)
  • LARGE 3,439SQM* LAND
  • SOLID INCOME FROM WAREHOUSE

CBRE City Sales & Development Sites are delighted to present for sale, 77-83 Sutton Street, North Melbourne.

Key attributes of this property include:

+ A 3,400sqm* highly functional warehouse generating $152,982pa* of passing income

+ Located within the highly sought after Arden-Macaulay urban renewal precinct which is set to become a major new commercial and residential hub. Projected to accommodate more than 34,000 jobs and 20,500 residents by 2040 with a new North Melbourne train station opening by 2025

+ Ideal to land bank or develop with heigh potential of up to 12 levels (STPA) offering stunning Melbourne CBD views

+ Walking distance to Arden Gardens Shopping Centre (650m*), Macaulay Train Station (100m*) & Flemington Road Tram (470m*)

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 8TH AUGUST 2019 AT 5.00PM (AEST)

For information please contact the exclusive sales and marketing agents:

Julian White
+61 422 764 137

David Minty
+61 422 564 199

Chao Zhang
+61 411 625 068

*approx

Property Highlights

Property ID2015407260
Date Sold13 Sep 2019
Floor Area3,400 m²
Land Area3,439 m²
ParkingAsk Agent
Building TypeWhole building
Category
Last updated  13 Sep 2019
Map for 77-83 Sutton Street North Melbourne VIC 3051
Map for 77-83 Sutton Street North Melbourne VIC 305177-83 Sutton Street North Melbourne VIC 3051
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  • Purchase price

    $
    1,234,567

  • 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 Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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