CBRE is offering for sale 210 Albert Road, South Melbourne representing a substantial city fringe building with extraordinary long-term upside.
The freehold property is positioned in simply what is regarded as one of Melbourne's finest precincts, providing unrepeatable views over Albert Park Lake, benefiting from immediate proximity to valuable public transport and retail amenity.
Situated on the high growth frontier of South Melbourne, this outstanding opportunity can be summarised by the following key attributes:
+ Substantial freehold building of 2,285sqm* GBA and secure at-grade & basement car parking for 20 vehicles available via the rear lane
+ Irreplaceable and unimpeded views overlooking Albert Park providing excellent natural light to all areas
+ Freehold commercial 1 zone landholding of 700sqm*
+ Ground floor and Level 2 tenancies offered with vacant possession, allowing for immediate owner occupation or repositioning
+ Unlimited upside potential in an evolving development zone, providing future conversion potential for residential, hotel, medical and/or commercial outcomes (STPA)
+ A short walk to the new ANZAC underground Train Station that forms part of the new $1billion Melbourne Metro Tunnel Project due to open later this year and St Kilda Road
+ Located just moments from Clarendon Street and the renowned South Melbourne Market, providing an eclectic mix of restaurants, cafés and shopping
+ Excellent access to stunning lifestyle amenity including Albert Park Lake, the Royal Botanic Gardens and MSAC
+ 2 Star NABERS Energy Rating
Travel House, 210 Albert Road, South Melbourne is for sale via expressions of interest. For further information please contact the sale agents at CBRE.
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
David Minty
+61 422 564 199
david.minty@cbre.com.au
*Approx