106-110 Peel Street,
North Melbourne, VIC 3051
Development Sites & Land • Shops & Retail
Detailed listing
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 106-110 Peel Street
Permit Approved Site in University/Queen Victoria Market Precinct
- Prime City-Fringe Location
- 50m* to Queen Vic Market
- Permit Approved 7-Level Project
Savills is delighted to offer for sale this premium development opportunity, situated at 106-110 Peel Street, North Melbourne. Rarely does such a significant and high quality opportunity in North Melbourne present itself, and accordingly we recommend your serious consideration of this prime landholding.
Key attributes of this outstanding property include:
* Three adjoining retail freeholds
* Prime landholding of 340sq m*
* Prominent 15m* Peel Street frontage plus valuable rear access
* Approved permit for striking 7-level mixed-use project comprising serviced apartments + retail
* Current Passing Income: $156,200 per annum*
* Short-term tenancy agreements allowing prompt redevelopment
* Potential for expansive CBD views from potential project
* Unrivalled city-fringe location just 50m* from 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 prime property in such an outstanding location is very rare and accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
EOI Closed - Offers Under Review
For further information, please contact:
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...
Key attributes of this outstanding property include:
* Three adjoining retail freeholds
* Prime landholding of 340sq m*
* Prominent 15m* Peel Street frontage plus valuable rear access
* Approved permit for striking 7-level mixed-use project comprising serviced apartments + retail
* Current Passing Income: $156,200 per annum*
* Short-term tenancy agreements allowing prompt redevelopment
* Potential for expansive CBD views from potential project
* Unrivalled city-fringe location just 50m* from 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 prime property in such an outstanding location is very rare and accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
EOI Closed - Offers Under Review
For further information, please contact:
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...
North Melbourne, 3051 demographic data
The median household income for North Melbourne is $1,717, 10% lower than Greater Melbourne's household income of $1,901. North Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 31 vs 37). Property ownership data shows 57% of property owners in North Melbourne have a mortgage.
14,953
Population
$1,717 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households
106-110 Peel Street
North Melbourne, VIC 3051
Detailed listing
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
542-548 Victoria Street,North Melbourne, VIC 3051 632 m²Development Sites & Land • Offices • Warehouse, Factory & Industrial
Contact Agent
77-83 Sutton Street,North Melbourne, VIC 3051 3400 m²Development Sites & Land • Shops & Retail
