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191 Peel Street North Melbourne, VIC 3051

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191 Peel Street,
North Melbourne, VIC 3051

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Map of 191 Peel Street

Directions
  • Train stations within 5 km of 191 Peel Street, North Melbourne, VIC 3051Distance
    Melbourne Central Station964 m
    7-Flagstaff Railway Station/William St (Melbourne City)980 m
    Flagstaff Station993 m
    North Melbourne Station1.3 km
    Elizabeth Stbourke St1.4 km
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  • Tram stops within 5 km of 191 Peel Street, North Melbourne, VIC 3051Distance
    11-Queensberry St/Peel St (North Melbourne)9 m
    9-Haymarket/Elizabeth St (Melbourne City)178 m
    12-Flemington Rd/Peel St (North Melbourne)192 m
    10-Victoria St/Peel St (West Melbourne)244 m
    8-Peel St/Victoria St (Melbourne City)277 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 191 Peel Street, North Melbourne, VIC 3051Distance
    Victoria St/Peel St (North Melbourne)270 m
    14-Royal Melbourne Hospital/Flemington Rd (North Melbourne)331 m
    Dowling PlWreckyn St334 m
    Courtney St/Wreckyn St (North Melbourne)368 m
    Melbourne UniversityPelham St392 m
    POWERED BY HERE ©
POWERED BY HERE ©

CBD Fringe Freehold with Exceptional Upside

Expressions of Interest closing Tuesday 30th April at 5pm.

"AUBURN" an imposing and versatile mixed use zone freehold offering like this, rarely comes on the market in this prime City North Structural/ Parkville NEIC precinct. Currently presents as a turnkey property, modernised to make this a very compelling property for immediate substantial yield or occupancy. All the hard work has been done, with plans for a 7 level office residence commissioned by Petridis architects and town planning by Urbis (STCA). This is a unique property in the heart of the Medical and Knowledge precinct, a mere 400 metres to the major hospitals, future Parkville metro station, and sharing neighbours with the likes of corporate leaders as CSL, this property ticks all the boxes for a boutique residence, medical suites, offices, and of course future upside in development potential in this already rapidly evolving gateway to the CBD. Inspection is a must.

Some key features:
- A unique and beautiful facade, of wide proportions (just under 7 metres)
- Turnkey property in the medical and knowledge precinct
- Occupy or lease immediately
- Excellent yield, rental expected at $1500p/w
- City North Structure plan
- Parkville National Employment and Innovation Cluster (NEIC)
- Parkville station 500m
- CBD and legal precinct 500m
- Mixed Use Zone, allowing versatility in occupancy
- Plans commissioned by Petridis architects
- Town Planning by Urbis and Bryce Raworth Consultants
- 24 meter height controls
- Blue chip offering, rarely seen on the market
- Sold as a vacant possession

Expressions of Interest closing Tuesday 30th April at 5pm.

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If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 504548652Last Updated: 15 Apr 2024

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191 Peel Street
North Melbourne, VIC 3051
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