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Colliers - Melbourne

520 City Road South Melbourne, VIC 3205

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520 City Road,
South Melbourne, VIC 3205

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Sale - Expression of Interest closing Thu 12 Aug

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Colliers - Melbourne

Colliers - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000
Colliers - Melbourne
520 City Road
South Melbourne, VIC 3205

Map of 520 City Road

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  • Train stations within 5 km of 520 City Road, South Melbourne, VIC 3205Distance
    Southern Cross Station1.5 km
    Flinders Street Station2.1 km
    Flagstaff Station2.3 km
    Melbourne Central Station2.5 km
    North Melbourne Station3.1 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 520 City Road, South Melbourne, VIC 3205Distance
    127-South Melbourne Station/Light Rail (South Melbourne)293 m
    126-Montague St/Light Rail (South Melbourne)365 m
    126-City Rd/Light Rail (South Melbourne)478 m
    125a-Southbank Tram Depot/Light Rail (South Melbourne)577 m
    27-Park St/Montague St (South Melbourne)597 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 520 City Road, South Melbourne, VIC 3205Distance
    Montague St/City Rd (South Melbourne)24 m
    Ferrars St/City Rd (South Melbourne)218 m
    Pickles St/Crockford St (Port Melbourne)244 m
    Boundary St/Crockford St (Port Melbourne)312 m
    Coote St/Dorcas St (South Melbourne)328 m
    POWERED BY HERE ©
POWERED BY HERE ©

A HIGH PROFILE CITY FRINGE MIXED-USE INVESTMENT

  • 257M²* SITE + 389M²* TWO-STOREY BUILDING
  • DIVERSIFIED INCOME PROFILE
  • HIGH PROFILE CORNER LOCATION
The Colliers Melbourne City Sales Team is pleased to present the exclusive opportunity to secure a high profile freehold mixed-use investment in the preeminent city fringe suburb of South Melbourne.

Formerly known as the Nelson Hotel and first licenced circa 1867, the property has a steeped history and has been extensively refurbished to provide a well-leased investment with a diversified income profile.

Key attributes of 520 City Road include the following:

• Extensively refurbished improvements comprising nine (9) first floor residential apartments, two (2) ground floor apartments plus ground floor retail tenancy.

• Almost 100% leased with only one residential apartment vacancy

• A diversified income profile from residential, office and retail tenants

• Total building area of 389sqm* (GLA) over two (2) levels

• Unrepeatable high-profile corner site of 257sqm* with extensive frontages to both City Road and Montague Street in addition to rear lane access

• Exceptional and evolving inner-city location, just moments from the Melbourne CBD, and within close proximity to Port Melbourne Beach, Clarendon Street Retail, Southbank Promenade and the world-famous South Melbourne Market

• Flexible Capital City Schedule 1 Zoning – suitable for a range of potential future uses (STCA)

• Access to public transport networks including Tram Routes, 12, 96 and 109, major bus routes and Southern Cross Train Station

• A chance to secure a premium South Melbourne position in one of Melbourne’s most evolving commercial precincts

• A unique offering for astute value-add investors and owner occupiers given the flexible lease structures

*approximately.

For Sale by International Expressions of Interest closing Thursday 12th August 2021 at 12.00pm (AEST).

To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents

Tom Isaksson | +61 422 154 570
Alex Browne | +61 418 350 545

Property ID: 503862494Last Updated: 29 Jul 2021

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Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000
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Alex Browne
Colliers - Melbourne
520 City Road South Melbourne, VIC 3205

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I’m interested in this property. Could you please provide me with more information.

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