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124 Land Development Properties Sold in Port Melbourne

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    32-34 & 36-38 Cook Street
    PORT MELBOURNE

    HUGE EXPOSURE
    CBRE and Vinci Carbone Property are pleased to offer 32-34 & 36-38 Cook Street, Port Melbourne for sale by EOI closing Thursday 15th of September 2016 at 4.00pm.

    Located at 32-34 & 36-38 Cook Street, Port Melbourne, this 4,413sqm* land has unrivalled exposure to one of Australia's busiest thoroughfares, the Westgate Freeway.

    Positioned only 2km* from Melbourne's CBD, Southbank and access to the Western Suburbs, this land also provides great access to all Melbourne's major arterials.

    Key features include:
    - 32-34 Cook Street: 1,908sqm*
    - 36-38 Cook Street: 2,508sqm*
    - 76m* frontage to Cook...
    Development / Land
    4,413m²
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    18-22 Salmon Street
    PORT MELBOURNE

    Exceptional investment and unsurpassable development opportunity
    Positioned prominently in a thriving precinct of Port Melbourne, 18-22 Salmon Street, Port Melbourne offers substantial holding income and unsurpassable development upside.

    • Sprawling 9,712 (approx) square metre development opportunity

    • Dual street frontage with over 201metres of premium exposure

    • Zoned Capital City Zone 1 - City of Port Phillip

    • 18 level height limit - ideal for medium to high mixed use development (STCA)

    • Expected fully let income of $1,275,000 net per annum

    • Building area of 8,470 sqm with 87.5% occupancy

    • Overlooking an established residentia...
    Development / Land
    8,470m²
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    $1,600,000
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    3A/339 Williamstown Rd
    PORT MELBOURNE

    CAPITAL CITY ZONED WAREHOUSE WITH DEVELOPMENT UPSIDE
    This single level warehouse is located in the Fishermans Bend Urban Renewal Area. This property is located in The Base complex which has an assortment of low-rise outlets which was developed by MAB Corporation approximately 10 years ago.
    It is located next to the J.L. Murphy Reserve and has front and rear access.
    9A at The Base has plans approved for ten levels with office accommodation and a car stacker system over the lower levels. Thereafter six whole floorplate apartments are included with 3 bedroom dwellings at approximately 175sqm each, while the penthouse covers the two highest floo...
    Development / Land
    290m²
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    351 Plummer Street
    PORT MELBOURNE

    PRIME CAPITAL CITY ZONED DEVELOPMENT OPPORTUNITY
    GET THE BUILDINGS FOR FREE.
    One of the few available lots in the Port Melbourne area. This well located property is placed between Salmon Street and Prohasky Street. Price based on land value only.

    It features:

    • 5946m² Land Area
    • Capital City Zone 1
    • 49 Metres of frontage to Plummer Street
    • 50% Coverage by existing older-style warehouses and office accommodation
    • Close to the Plummer Street Local Truck Bypass

    The section 32 is available on request.
    Development / Land
    5,946m²
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    61 Danks Street (Cnr Johnston Street)
    PORT MELBOURNE

    BOUTIQUE BAYSIDE PERMITTED DEVELOPMENT OPPORTUNITY
    61 DANKS STREET (CNR JOHNSTON STREET), PORT MELBOURNE

    Strategic triple street fronted development site right near the beach

    Permitted and endorsed development plans for fifteen (15) high quality apartments over six (6) levels

    Efficient building design featuring an attractive apartment mix of predominantly 2 bedroom units

    Supremely desirable residential location surrounded by several upmarket developments

    Highly functional existing improvements providing flexibility and short term income

    A genuine Melbourne lifestyle development opportunity

    Centrally positioned within walk...
    Development / Land
    296m²
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    103 Beach Street
    PORT MELBOURNE

    READY TO GO PERMITTED BEACH FRONT DEVELOPMENT SITE
    For Sale via Expressions of Interest closing Thursday 25th May at 3pm (AEST)

    Key Features

    • First Class development permit for 14 luxury
    apartments plus ground floor supermarket and café
    with option of an agreement to lease by a Metcash
    recommended operator.

    • Prime land parcel of 1,361 sqm* boasting
    uninterrupted views of Port Phillip Bay and Melbourne
    CBD.

    • 109 tram at the doorstep which travels directly to the
    CBD in 10 mins through to Box Hill.

    • Surrounded with a plethora of amenity, including
    oppos...
    Development / Land
    1,361m²
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    Corner Woodruff and Ingles Streets
    PORT MELBOURNE

    BUILD YOUR OWN BLOCK RIGHT NEXT TO “THE BLOCK”
    - Amazing multi-level red brick warehouse of 7,036sqm*
    - Soaring 6m* internal ceiling heights
    - Island site of 3,415sqm* with exceptional natural light
    - Magnificent CBD and parkland views
    - Less than 200m* from current TV series of “The Block”
    - Adjacent to hugely successful medium density townhouse development
    - Suit residential conversion, retail, commercial, medical, education or a boutique hotel (STCA)

    *approx.

    For Sale through exclusive marketing agents, Dawkins Occhiuto on (03) 8825 4555 for further information.
    Development / Land
    7,036m²
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    550 Williamstown Road
    PORT MELBOURNE

    Permitted Site in Port Melbourne + income!
    550 WILLIAMSTOWN ROAD, PORT MELBOURNE

    Strategic dual street fronted development site totalling 977sqm*

    Permit for 33 high quality apartments plus ground floor commercial space

    Centrally positioned with public transport amenity, plus potential for city and bay views

    Short term income

    FOR SALE VIA ON-SITE PUBLIC AUCTION THURSDAY 17TH MARCH 2016 AT 2.30PM

    CBRE Victorian Development Sites

    Josh Rutman
    +61 411 273 746

    Julian White
    +61 422 764 137

    Mark Wizel
    +61 409 809 868

    *approx
    Development / Land
    977m²
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    279 Graham Street
    PORT MELBOURNE

    Strategic Development Opportunity!
    Gateway site within 400 metres of Port Melbourne Beach.

    Zoned General Residential within a Design & Development Overlay 1-4, which permits up to 6 storeys, this rare offering is available vacant possession as a consequence of the retirement of the proprietors.

    Totalling approximately 746 m2 - 30.63 * 24.38 metres and advantaged by northerly aspect with uninterrupted CBD vista.

    Some of the built improvements on this corner property include showroom office, and 3 bay workshop area, and a 1 bedroom apartment (currently let on monthly basis @ $1,430 pcm inclusive of GST), all totalling...
    Development / Land
    227m²
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    40 Stokes Street
    PORT MELBOURNE

    A FABULOUS LOCATION TO WORK, LIVE OR INVEST AND DEVELOP (STA)
    The aerial photo says it all!
    Metres from the beachfront and Bay St, this must be one of the last remaining warehouse style conversion opportunities remaining in the area.
    Loads of potential to improve or extend, yet perfectly ready to occupy or lease out as is.
    Excellent rear car access from a pretty leafy street to a garage or storage.
    Currently comprising an office/retail/studio with kitchenette and shower, garage plus an upstairs office or sleepover with adjoin northerly deck.
    Building area approx. 196sqm.
    Gst applies to this sale.
    Development / Land
    196m²
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    164 Ingles Street
    PORT MELBOURNE

    HISTORIC OPPORTUNITY WITH UNIQUE POSSIBILITIES
    ~ Outstanding building of 2,355sqm* on land of 1,155sqm*
    ~ Spectacular views to the CBD & surrounds
    ~ Zoning: Capital City Zone 1
    ~ Surrounded by medium density, low rise residential development
    ~ Suit residential, boutique hotel or office redevelopment (STPA)
    ~ Opportunity to create and develop one of Melbourne’s iconic art deco buildings

    For Sale by Expressions of Interest closing Thursday, 19 November 2015 at 4pm (AEST).

    Contact Dawkins Occhiuto to discuss this opportunity further.

    *approx.
    Development / Land
    2,355m²
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    365-391 Plummer Street
    PORT MELBOURNE

    Plum Fishermans Bend Supersite
    > Significant gateway land holding totalling 1.94 hectares approx.
    > Unique land banking opportunity with strong tenancy profile (5 tenancies)
    > Rental: $1,655,000 pa (fully leased)
    > Two expansive street frontages
    Plummer Street: 161 metres approx
    Salmon Street: 120 metres approx.
    > Suit high density mixed use development (STPA)
    > Zoned Capital City Zone - Schedule 1
    > Concept Development Plans prepared by Award winning architectural firm - John Wardle Architects

    The site is ideally positioned on the north western corner of Plummer and Salmon Streets, approximately 3 kms south west ...
    Development / Land
    19,400m²
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    550 Williamstown Road
    PORT MELBOURNE

    GATEWAY TO PORT MELBOURNE - PRIMED FOR DEVELOPMENT
    A high profile site of approximately 967 sqm with main road frontage to Williamstown Road and rear frontage to Ross Street.
    Prime City Fringe Location
    # Substantial existing building in good practical order
    # Short term tenancies
    # Flexible Mixed Use zoning
    # Views over Port Melbourne Cricket Ground and the City
    # Nearby pubs, public transport, restaurants and cafes.

    Suit owner occupiers and developers (STCA) or as a land bank investment opportunity.
    Development / Land
    811m²
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    220 Bridge Street
    PORT MELBOURNE

    Investment + Upside
    Corner allotment
    Land: 160 sqm approx
    Building: 156 sqm approx
    Rental: $35,133 per annum
    3 year Lease term expires 08/10/15
    Further option of 3 years
    Zoned Residential 1 (existing use right)
    Longstanding tenant
    Future development potential (STCA)
    Development / Land
    156m²
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    83 Bay Street
    PORT MELBOURNE

    PRIME FREEHOLD - HEART OF THE NEW BAY STREET RETAIL HUB
    Occupy or invest in this pretty two-storey shop and dwelling or offices (STA).
    No owner's corporation here!
    Features: Excellent wide rear car access and potential to further develop (STA). GBA 150sqm / Land 123.7sqm (approx).
    A vibrant location in the heart of Bay Street, moments to the beach, public transport, major arterials and access to the CBD.
    Surrounded by thousands of new apartments and residents with many new businesses opening in the street and hardly any new sites available.
    Zoning is Mixed Use.
    Development / Land
    150m²
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    92 Beach Street
    PORT MELBOURNE

    ICONIC BEACHFRONT OPPORTUNITY - THE LONDON
    Exceptional opportunity to secure this iconic landmark freehold offering endless options to owner occupiers, developers and investors.

    *Building Area: 640 sqm*
    *Land Area: 330 sqm*
    *Dimensions: 20.71 metre* frontage to Beach Street and 18.27 metre* frontage to Princes Street
    *Zoning: Mixed Use

    OFFERED WITH VACANT POSSESSION

    (*approx)
    Development / Land
    640m²
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    365-367 Bay Street
    PORT MELBOURNE

    POSITION, POTENTIAL, 3 ADDRESSES PLUS 3 INCOME STREAMS
    These 2 shops and office (known as 82 Heath Street) offer a rare landbank opportunity with secure income from 3 established tenants on VERY moderate rents PLUS tremendous opportunity to occupy, upgrade, convert or develop (sta) in the future in this booming Bayside reatil and residential precinct.
    Note - Business 1 Zone and quiet rear street frontage.
    Current return approx $77,696 pa plus part outgoings.

    Presented by Cayzer Real Estate COMMERCIAL Port Melbourne

    IMPORTANT NOTE:
    All prices, rents and outgoings are quoted exclusive of GST. The Purchaser, Tenant or Occupant will be liabl...
    Development / Land
    378m²
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    157-159 Bay Street
    PORT MELBOURNE

    PRIME INVESTMENT LAND PERMIT 2 TITLES
    Developers, Investors, Part Occupiers should all inspect this magnificent opportunity located in the heart of the Bay St retail strip but with front and rear street access to land with both business and residential zoning including a separate residential site fronting Barlow Street.
    Bay St frontage includes:
    2 retail tenancies and 2 offices in an extensively renovated building returning $121400 pa ($138,000 pa fully let) approx on land of 413sqm (approx) with permit for 4 units.
    Barlow St site includes:
    quiet secluded residential site of 169sqm approx with excellent frontage of approx 8.5...
    Development / Land
    300m²
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    178 - 180 Bay Street
    PORT MELBOURNE

    PRIME RETAIL & HEALTHCARE INVESTMENT WITH SIGNIFICANT DEVELOPMENT POTENTIAL
    CBRE Melbourne Strip Retail Investments, together with CBRE Victorian Health, Aged & Childcare, are proud to present to the market, 180 Bay Street, Port Melbourne being offered for sale via Expressions Of Interest, closing 10th May 2017 at 3:00pm.

    We summarise the property details below, for your reference:

    •An irreplaceable 1,020sqm* land holding located in the heart of Port Melbourne’s popular café & retail precinct, Bay Street

    •Existing two (2) level freestanding building of 1,135sqm* including 13 car parks on-site

    •Imposing 20+ metre* frontage to bustling Bay Street, complimen...
    Retail
    1,135m²
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    6/339 Williamstown Road
    PORT MELBOURNE

    OFFICE WAREHOUSE WITH DEVELOPMENT UPSIDE
    This single level office warehouse is located in the Fishermans Ben Urban Renewal Area. The property ha a fitout providing meeting rooms, lunchroom, boardroom and open plan areas.

    The warehouse has a roller accessed from the rear of the property.

    This property is in The Base complex which has an assortment of low-rise outlets which were developed by MAB approximately 10 years ago.

    It is located next to the J.L. Murphy Reserve and has front and rear access.
    Industrial / Warehouse
    300m²
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    21 Rocklea Drive
    PORT MELBOURNE

    MODERN STAND ALONE OFFICE OR OFFICE/RES WITH GREAT PARKING PLUS POTENTIAL
    Excellent 2 level office with 8 on site car parks and no body corporate in the Capital City zone. Occupy or Invest in this rapidly evolving precinct with residential potential STA.

    * Building 318sqm on approx 467sqm land.
    * Great condition throughout and fully partitioned with excellent amenities inc shower
    * currently let at $66,099 pa plus outgoings (lease expires early 2017)
    * air conditioned
    * outside congestion levy zone
    * minutes to the City, Docklands and major arterials
    Offices
    318m²
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    513-521 Victoria Street
    WEST MELBOURNE

    NEW PERMIT FOR 26 APARTMENTS WITH TRIPLE STREET FRONTAGE
    Gross Waddell is pleased to offer 513-521 Victoria Street, West Melbourne for sale by Public Auction on Friday 17th of March at 12pm onsite

    • Permit approved for 26 apartments and 1 retail shop
    • All-encompassing super prime land parcel of 447 sqm*
    • Three (3) significant frontages:
    - Stawell Street - 18.46m*
    - Anderson Street - 17.35m*
    - Victoria Street - 25.16m*
    • Flexible Mix Use Zoning (MUZ)
    • 1km* to Errol Street
    • 350m* to North Melbourne Station
    • Quality existing improvements ideal for short term leasing before development
    • Excellent surrounding amenity


    *Approx.
    Development / Land
    447m²
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    $5,500,000
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    9-11 Palmerston Crescent
    SOUTH MELBOURNE

    SUPERB STANDALONE OFFICE BUILDING
    9-11 PALMERSTON CRESCENT, SOUTH MELBOURNE

    * Corner site: 476 sqm (approx.)
    * Building area: 711 sqm (approx.)
    * Well-appointed two level fitted office building with on-site car parking
    * Offered with vacant possession
    * Zoning: Commercial 1
    * Exclusive Domain Road and Shrine/St Kilda Road precinct
    * Strategically located less than 500m (approx.) from new Domain train station
    * Proven location for an array of development outcomes (STCA)
    * Enormous upside
    * Occupy, invest or develop

    FOR AN IMMEDIATE INSPECTION CALL US TODAY!
    Development / Land
    711m²
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    30-32 Tope Street
    SOUTH MELBOURNE

    Prime South Melbourne Corner - SOLD PRIOR TO AUCTION
    - Prominent corner building of 222sqm* in tightly held precinct
    - Land area: 222sqm*
    - Located within walking distance to CBD, South Melbourne Market, Crown Casino & Botanical Gardens
    - Zoned Commercial 2
    - Currently leased to long standing tenant
    - Suitable for investors & developers

    For Sale via Public Auction - Wednesday, 7 June 2017 at 1pm, on site.

    Further information is available through exclusive selling agents, Dawkins Occhiuto on +61 3 8825 4555.
    Industrial / Warehouse
    222m²
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    225 Park Street
    SOUTH MELBOURNE

    OUTSTANDING FREEHOLD OPPORTUNITY
    Well located in the heart of South Melbourne, this property allows for owner occupation, investment or future development (STCA).

    - Land Area: 127m2 - 325m2
    - Build Area: 232m2 - 486m2
    - Vacant possession

    DEVELOPERS AND LAND BANKERS TAKE NOTE!!
    229 Park Street is also for sale by auction on 8 June, giving you the opportunity to buy one or buy both. Please see link for 229 Park Street.

    Open for inspection times:
    Thursday 18 May - 1:30pm - 2:00pm
    Thursday 25 May - 1:30pm - 2:00pm
    Thursday 1 June - 1:30pm - 2:00pm
    Thursday 8 June - 1:30pm - 2:00pm

    In conjunction with M...
    Offices
    232m²
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    81 - 109 Moray Street
    SOUTH MELBOURNE

    EXCLUSIVE - 4,057SQM* LANDHOLDING PERMIT APPROVED FOR CITY FRINGE OFFICE PROJECT
    + Extraordinary 4,057sqm* city fringe development opportunity

    + Permit approved for a seven-level mixed use office and commercial development, with a total NLA of approximately 14,473sqm*

    + Three street frontages lining Moray Street, Market Street and Tope Street, with a total street frontage of 212m*

    + Centrally located in South Melbourne commercial precinct, within 1km* of Southbank, St Kilda Road business district and the Melbourne CBD

    + Nearby trending cafes, retail & dining amenity on Clarendon Street and surrounds plus the popular South Melbourne Market a short 500m* str...
    Development / Land
    4,057m²
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    268 Sturt Street
    SOUTHBANK

    Monumental Southbank Development Opportunity
    Colliers International is pleased to present 268 Sturt Street for sale by Expressions of Interest closing Friday 5th May at 3pm.

    268 Sturt Street represents a truly extraordinary opportunity to transform one of Melbourne´s most significant and growing precincts. With multiple uses permissible, the sizeable park-side site provides developers with a truly mix use development opportunity in a location that affords future occupants with an enormous amount of convenience and amenity.

    This outstanding property is located just 1.5km from the CBD and is situated in the south western core of ...
    Development / Land
    4,176m²
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    150 Montague Street
    SOUTH MELBOURNE

    Future Mixed-use Development Opportunity
    + Strategic South Melbourne land holding with the ultimate flexibility

    + A high exposure 767sqm*landbank development opportunity featuring significant dual street frontage

    + High quality existing improvements and strong income potential

    + Eight (8) level height limit as part of the Fishermans Bend Urban Renewal Structure Plan

    + Located and positioned to deliver an iconic boutique future South Melbourne development (STCA)

    + Located just 1.5km* from the CBD, 200m* to Montague Street Light Rail and strong transport linkages via the West Gate Freeway, Montague Street and Citylink
    ...
    Development / Land
    767m²
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    179 Gladstone
    SOUTH MELBOURNE

    BOUTIQUE PERMIT APPROVED SOUTH MELBOURNE DEVELOPMENT SITE
    BOUTIQUE PERMIT APPROVED SOUTH MELBOURNE DEVELOPMENT SITE

    179 GLADSTONE STREET, SOUTH MELBOURNE

    Outstanding boutique permitted South Melbourne development site

    Permit approved for 16 apartments and retail tenancy over seven (7) levels designed by award winning architects Jackson Clement Burrows

    Exceptionally positioned only 500m* to Bay Street Retail, Food & Lifestyle Precinct, 800m* to South Melbourne Market and Clarendon Street Activity Centre.

    Immediate access to public transport (Light Rail) providing access to Port Melbourne Beach (1.5km*) and Melbourne's CBD (2.5km*).
    ...
    Development / Land
    219m²
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    112 Munro Street
    SOUTH MELBOURNE

    SIGNIFICANT TRIPLE FRONTED LANDHOLDING OFFERING ENORMOUS DEVELOPMENT POTENTIAL (STCA)
    112 MUNRO STREET, SOUTH MELBOURNE

    FIRST ROUND CLOSED - OFFERS UNDER REVIEW

    - Triple fronted 2,023sqm* high quality South Melbourne landholding

    - Flexibility to develop now or landbank for the future with strong holding income of approx. $240,000PA

    - Outstanding view potential to the Melbourne CBD and Port Melbourne Beach (STCA)

    - The Fisherman's Bend Urban Renewal Structure Plan provides for an 18 level height Limit, offering significant development potential (STCA)

    - Located just 1.5km* from the CBD, 250m* to Montague Street light rail and only 1.5km* to Port Phillip

    - F...
    Development / Land
    2,023m²
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    137-157 Adderley Street (Corner Stanley & Rosslyn Streets)
    WEST MELBOURNE

    ONE OF THE MOST ICONIC CORNERS IN WEST MELBOURNE
    137-157 ADDERLEY STREET, WEST MELBOURNE

    An iconic 1,597sqm* development opportunity (STCA)

    Prominent triple street fronted corner land holding with 113m* total frontages to Adderley, Rosslyn & Stanley Streets

    Offered with future residential development drawings for eight (8) level mixed use development (STCA)

    Existing two level corner freehold building + carpark allowing potential for strong short term holding income

    Located within the emerging West Melbourne precinct - an opportunity to deliver an iconic mixed use development

    Suitable for owner occupiers, investors and deve...
    Development / Land
    1,597m²
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    56-58 Boundary Street
    SOUTH MELBOURNE

    TRIPLE FRONTED DEVELOPMENT OPPORTUNITY PLUS INCOME
    56-58 BOUNDARY STREET, SOUTH MELBOURNE

    A high exposure 1,339sqm* triple fronted corner allotment

    Flexibility to develop now or landbank for the future

    Good quality improvements leased to Beaurepaires for $ 135,061 pa net, with development clause

    18 level height prescription as part of the Fishermans Bend urban renewal structure plan

    Located and positioned to deliver an iconic South Melbourne Development (STCA)

    Located just 1.5km* from the cbd, 200m to montague street light rail and strong transport linkages via West Gate Freeway, Montague Street and CityLink and only 1km* to...
    Development / Land
    1,339m²
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    280 Normanby Road
    SOUTH MELBOURNE

    PRIME TRIPLE FRONTED LANDBANK OPPORTUNITY WITH INCOME
    280 NORMANBY ROAD, SOUTH MELBOURNE

    A high exposure 2,609sqm* land bank development opportunity featuring 3 significant street frontages

    High quality existing improvements and strong holding income of approximately $375,000 pa*

    40 level height limit as part of the Fishermans Bend Urban Renewal Structure Plan

    Located and positioned to deliver an iconic South Melbourne development (STCA)

    Located just 1.5km* from the CBD, 200m* to Montague Street Light Rail and strong transport linkages via the West Gate Freeway, Montague Street and Citylink

    Highly flexible property allowing fo...
    Development / Land
    2,609m²
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    527-531 Spencer Street
    WEST MELBOURNE

    Huge exposure and growth potential
    Well configured land parcel with high exposure in a growth precinct within metres of the CBD with existing warehouse clear-span building with access from three (3) sides.

    Key features include:
    • Land area 550 sqm (approx)
    • Building of 500 sqm (approx) all on one (1) level
    • Warehouse style accommodation with a pitched roof and exposed wooden trusses
    • Wide 14.12 metre frontage with high volume passing traffic
    • 500 metres to North Melbourne Train Station
    • Ideal funky office conversion for an astute investor or creative business following a minimal industrial fitout, polis...
    Development / Land
    500m²
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    143 & 145-147 Rosslyn Street
    WEST MELBOURNE

    Multi-Permit Approved Mixed Use Opportunity
    143 & 145-147 ROSSLYN STREET, WEST MELBOURNE

    A suburb boutique multi-permitted mixed use development opportunity over three (3) title allotments

    Mixed use zoning

    Separate permits approved for a combined 28 apartments with office space over six (6) levels

    Outstanding location offering the highest form of lifestyle and amenity attractions on your doorstep including Flagstaff Gardens (200m*), Queen Victoria Markets (500m*), Melbourne University & RMIT (1km*), Melbourne Central & the new Melbourne Emporium (1km*)

    FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 26TH OF NOVEMBE...
    Development / Land
    320m²
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    Clarendon Street Portfolio
    SOUTH MELBOURNE

    OWN YOUR OWN RETAIL STRIP
    328-362 Clarendon Street; 49 & 55-69 Emerald Hill Place & 244-246 Park Street, South Melbourne

    For Sale by Expressions of Interest closing Wednesday 15 April 2015

    - Extremely rare offering of entire block from Bank Street to Park Street (100 metres frontage*)
    - 15 retail tenancies, 2 office tenancies & 10 residential tenancies - fully leased & on a single title with potential for subdivision (stca)
    - Staggered lease expiry with many rents arguably below market
    - Site area of 2,761sqm with further development potential (stca)
    - Estimated net income of $1,146,555 p.a.* + GST as at 30 June 201...
    Development / Land
    2,520m²
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    8 Palmerston Crescent
    SOUTH MELBOURNE

    IRREPLACEABLE ISLAND SITE WITH EXCELLENT DEVELOPMENT POTENTIAL
    Colliers International is pleased to offer for sale 8 Palmerston Crescent, South Melbourne with the following key attributes:

    - Island site with four street frontages
    - Flexible mixed use zoning
    - Excellent development potential including residential, commercial or hotel (STCA)
    - Prime location close to St Kilda Road, Melbourne CBD and South Bank
    - Unrivalled amenity surrounded by Royal Botanic Gardens, Albert Park Lake, Yarra River and bayside suburbs
    - Easy access to public transport including Domain Interchange and new Melbourne Metro Rail Train Station
    - Solid holding income with...
    Development / Land
    908m²
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