18-22 Salmon Street,
Port Melbourne, VIC 3207
Development Sites & Land
Key property information
Land area
Floor area
Property extent
Zoning
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Map of 18-22 Salmon Street
Exceptional investment and unsurpassable development opportunity
- Ideal high density mixed use development
- Sprawling 9,712 sqm
- Substantial holding income
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 residential market and expansive views across JL Murphy Reserve (centre piece for Port Melbourne’s recreation)
• Property is surrounded by sensational amenities with Port Melbourne beach, Bay Street, South Melbourne markets, St Kilda beach and Southbank entertainment precinct all only minutes away.
This property is for sale via Expressions of Interest closing on Thursday the 10th of November 2016 at 3:00pm.
For further information or to discuss this development opportunity in greater detail, please contact the exclusive agents directly.
• 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 residential market and expansive views across JL Murphy Reserve (centre piece for Port Melbourne’s recreation)
• Property is surrounded by sensational amenities with Port Melbourne beach, Bay Street, South Melbourne markets, St Kilda beach and Southbank entertainment precinct all only minutes away.
This property is for sale via Expressions of Interest closing on Thursday the 10th of November 2016 at 3:00pm.
For further information or to discuss this development opportunity in greater detail, please contact the exclusive agents directly.
Port Melbourne, 3207 demographic data
The median household income for Port Melbourne is $2,372, 25% higher than Greater Melbourne's household income of $1,901. Port Melbourne has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 51% of property owners in Port Melbourne have a mortgage.
17,633
Population
$2,372 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
18-22 Salmon Street
Port Melbourne, VIC 3207
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MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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