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Savills - Melbourne

341-347 Queensberry Street North Melbourne, VIC 3051

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341-347 Queensberry Street,
North Melbourne, VIC 3051

Development Sites & Land • Shops & Retail • Offices

Key property information

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Floor area

Property extent

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Sold on

Savills - Melbourne
Julian Heatherich
Benson Zhou

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
341-347 Queensberry Street
North Melbourne, VIC 3051

Map of 341-347 Queensberry Street

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High Profile Permit Approved City-Fringe Corner

  • Rare city fringe corner freehold
  • Permit for luxury 8-level project
  • Exceptional city-fringe location
Savills is delighted to offer for sale this high profile city fringe freehold with significant development potential situated at 341-347 Queensberry Street, North Melbourne. The property presents an ideally placed freehold within one of Melbourne’s most highly sought after city-fringe locations, with the suburb set to undergo significant redevelopment within the short term.

The key attributes of the property include:

- Prime triple fronted corner landholding of 379sq m*
- Combined 60m* frontage to Queensberry Street and Peel Street plus valuable lane access
- Favourable Capital City Zoning
- Approved permit/endorsed plans for 8-level mixed-use project designed by ‘Jackson Clements Burrows’
- Alternate scheme for student accommodation project
- Potential for expansive CBD views from completed project
- Unrivalled city-fringe location situated just 250m* from Queen Victoria Market (set to undergo $250m* revitalisation)
- Easy walking distance to University of Melbourne, RMIT, Flagstaff Gardens and Melbourne’s major medical/hospital precinct
- A one of a kind development opportunity within a high growth employment and student precinct

341-347 Queensberry Street, North Melbourne is SOLD.

For further information please contact:
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...

*Approx.

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
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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