280-284,286-290 & 292-298 Victoria Street,
North Melbourne, VIC 3051
Development Sites & Land • Shops & Retail • Offices
Key property information
Land area
Floor area
Property extent
Zoning
Tenure type
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QUEEN VICTORIA'S BEST KEPT SECRETS
Three (3) exceptional freehold properties offered individually, in any combination or in one line.
* Freestanding properties with separate titles and multiple access points
* Total site area: 955sqm*
* Total building area: 1,330sqm*
* Outstanding opportunity to acquire 1, 2 or 3 magnificent development sites with income and substantial potential
* Quality existing improvements with longstanding tenants in place
* Strong holding income of $246,885pa* from current passing income with potential significant rental reversion upside
* Prominent retail shops opposite the Queen Victoria Fresh Food Market
* Highly desirable location surrounded by Melbourne’s finest universities, premium CBD retail and transport amenity
* Short term leases allowing maximum development flexibility with potential total vacant possession 2015
* Exceptional land banking opportunity with high density development potential
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 2.00pm THURSDAY 18TH OCTOBER 2012
For further information regarding this unique mixed use opportunity please contact the exclusive sales and marketing agents:
MARK WIZEL
0411 694 756
JOSH RUTMAN
0411 273 746
ED WRIGHT
0421 213 021
*approx.
* Freestanding properties with separate titles and multiple access points
* Total site area: 955sqm*
* Total building area: 1,330sqm*
* Outstanding opportunity to acquire 1, 2 or 3 magnificent development sites with income and substantial potential
* Quality existing improvements with longstanding tenants in place
* Strong holding income of $246,885pa* from current passing income with potential significant rental reversion upside
* Prominent retail shops opposite the Queen Victoria Fresh Food Market
* Highly desirable location surrounded by Melbourne’s finest universities, premium CBD retail and transport amenity
* Short term leases allowing maximum development flexibility with potential total vacant possession 2015
* Exceptional land banking opportunity with high density development potential
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 2.00pm THURSDAY 18TH OCTOBER 2012
For further information regarding this unique mixed use opportunity please contact the exclusive sales and marketing agents:
MARK WIZEL
0411 694 756
JOSH RUTMAN
0411 273 746
ED WRIGHT
0421 213 021
*approx.
Additional information
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
03 8621 33...
280-284,286-290 & 292-298 Victoria Street
North Melbourne, VIC 3051
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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