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268-276 Victoria Street North Melbourne, VIC 3051

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268-276 Victoria Street North Melbourne, VIC 3051

Development Sites & Land • Shop & Retail
Sold Price

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Land area

473.0m²

Floor area

525.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

12 Nov 2018

Prime North Melbourne Corner

  • Ideal Development Opportunity
  • Flexible Capital City Zoning
  • Strong Holding Income

Savills is delighted to offer for sale this high profile development opportunity situated at 268-276 Victoria Street, North Melbourne. Rarely does such a primed development opportunity in North Melbourne present itself and as such we recommend your serious consideration of this exceptional landholding.

Key attributes of this outstanding property include:

- Ideal corner landholding of 473sq m*

- Comprises 4 two level shops on one title

- Valuable 65m* frontage to Victoria and Cobden Streets with rear lane access

- Capital City 5 Zoning supporting mixed-use development

- Current rental income of $142,405 per annum* with significant growth potential

- Perfectly positioned for uninterrupted CBD views from a future project

- Unrivalled city fringe location directly opposite the Queen Victoria Market (about to undergo $250m* revitalisation)

- Easy walking distance to University of Melbourne, RMIT, Flagstaff Gardens and Melbourne’s major hospital precinct

- A spectacular development, investment or landbanking opportunity in Melbourne’s busiest tourist and student location

The opportunity to secure an extraordinary property in such an outstanding location is increasingly rare, and accordingly we encourage purchasers to actively consider this incredible development opportunity.

For Immediate Private Sale

Julian Heatherich - 0412 995 655

Benson Zhou - 0458 488 888

In conjunction with City Link Real Estate

Joe Merola - 0411 073 111

Frank Cahill - 0411 696 669

Property ID: 502935338Last Updated: 10 Feb 2019

268-276 Victoria Street
North Melbourne, VIC 3051

Agency contacts

Savills Melbourne - MELBOURNE

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Savills Melbourne - MELBOURNE

150 Collins Street
MELBOURNE, VIC 3000
City Link - Moonee Ponds

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City Link - Moonee Ponds

L1/726 Mount Alexander Road
MOONEE PONDS, VIC 3039
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Julian Heatherich
Savills Melbourne - MELBOURNE
268-276 Victoria Street North Melbourne, VIC 3051

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

Kind Regards,

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