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CBRE - Melbourne

131 Cecil & 304 Coventry Street South Melbourne, VIC 3205

131 Cecil & 304 Coventry Street,
South Melbourne, VIC 3205

Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail

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CBRE - Melbourne
Nick Peden
Trent Hobart

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
131 Cecil & 304 Coventry Street
South Melbourne, VIC 3205

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THE ULTIMATE SOUTH MELBOURNE GENERATIONAL CORNER

  • Irreplaceable Corner Opportunity
  • Re-position / Occupy / Develop (STCA)
  • Strong Holding Income
Fitzroys and CBRE are delighted to offer for sale this generational opportunity located within the heart of South Melbourne via Expressions of Interest closing Wednesday 3rd September at 3pm.

This irreplaceable opportunity provides investors, owner occupiers and developers with exceptional flexibility to re-position, occupy or develop this trophy site which is being offered for sale under estate instructions.

South Melbourne is fast emerging as the premier commercial and luxury residential apartment living destination with projects undertaken by some of Australia’s leading developers including Hickory, Fortis, Deague, Lowe Living, Central Equity, The Commons I & D Group and more.

The key attributes of this outstanding opportunity include:

- Incredible corner landholding of 1,391sqm* offered for the first time in 45 years
- Three street frontages totalling 115 metres*
- Prominent 2 level retail building of 1,963sqm*
- Leased to two tenants - The Chef’s Hat (occupied the site for 27 years) and Bed Bath N’ Table
- Commercial 1 zoning with favourable development parameters
- Strong foot traffic with the benefit of 2 designated pedestrian crossings leading to the property
- Immediately opposite the South Melbourne Market attracting over 5.5 million visitors annually*
- Surrounded by popular retailers including Woolworths, Coles, Aldi, Dan Murphy's, array of leading homeware retailers and hospitality operators with the popular Clarendon Shopping strip only 150 metres away
- Perfect transport amenities are close by with a bus service outside and South Melbourne light rail and Clarendon Street tram both 150 metres away
- Incredibly affluent location supporting high-end residential, office, hotel, retail and hospitality
- The most incredible development site or landbank investment to hit the market in recent memory

131 Cecil Street and 304 Coventry Street, South Melbourne is for sale by Expressions of Interest closing on Wednesday 3rd September at 3pm.

For further information or an inspection, please contact the exclusive selling agents CBRE & Fitzroys.

CBRE

Trent Hobart
+61 433 196 4...

Nick Peden
+61 402 011 2...

David Minty
+61 422 564 199

Fitzroys

Mark Talbot
+61 409 222 4...

Lewis Waddell
+61 431 107 275

Tom Fisher
+61 417 980 8...


*Approx.

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South Melbourne, 3205 demographic data

11,548
Population
$2,101 per week
Median household income
39 years
Median age
Renters
Most residents
Families
Most households
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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