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JLL - Melbourne

1 Stephenson Street Cremorne, VIC 3121

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1 Stephenson Street,
Cremorne, VIC 3121

Development Sites & Land • Offices • Hotel, Motel & Leisure

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Key property information

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JLL - Melbourne
Tim Carr
Mark Stafford
Josh Rutman

JLL - Melbourne

Level 33, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Melbourne
1 Stephenson Street
Cremorne, VIC 3121

Detailed listing

Map of 1 Stephenson Street

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PROUDLY SOLD BY JLL

  • Major 1,413sqm* Landholding
  • Rarely Offered Commercial 1 Zone
  • Australia’s Most in Demand Location
Jones Lang LaSalle Melbourne are delighted to have the exclusive privilege of offering for sale this major development opportunity in Australia’s highly sought-after location.

Key details of the opportunity include:

- Major city-fringe landholding of 1,413sqm*
- Significant frontage to Stephenson Street of 69.17 metres*
- One of only 4 remaining undeveloped Commercial 1 zoned sites of scale in Cremorne (Source JLL Research, Sep-2021)
- Unprecedented development potential in Australia’s highly sought after development market (STCA)
- Proposed development scheme created by well-known Architects SJB, for an 8-storey commercial development
- Potential to deliver a range of development outcomes featuring stunning uninterrupted CBD views (STCA)
- Situated in the heart of Melbourne’s premier lifestyle precinct
- Surrounded by an abundance of key infrastructure, including direct access to Richmond Train Station and Swan Street trams
- Moments from Melbourne’s world renowned sporting Precinct and the CBD

PROUDLY SOLD BY JLL

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Josh Rutman | 0411 27 37 ...
Mark Stafford | 0404 401 0...
Tim Carr | 0415 767 9...
MingXuan Li | 0498 688 998

*Approx

The land is being sold subject to the terms and conditions contained in the contract of sale and vendor’s statement, which are available from the agent upon request

Cremorne, 3121 demographic data

The median household income for Cremorne is $2,959, 56% higher than Greater Melbourne's household income of $1,901. Cremorne has a younger age profile compared to the rest of Greater Melbourne (median age 32 vs 37). Property ownership data shows 65% of property owners in Cremorne have a mortgage.

2,158
Population
$2,959 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households

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