106-116 Stubbs Street & 57-59 Robertson Street,
Kensington, VIC 3031
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Cushman & Wakefield - Melbourne
Level 9, 385 Bourke StreetMELBOURNE, VIC 3000
106-116 Stubbs Street & 57-59 Robertson Street
Kensington, VIC 3031
Detailed listing
Map of 106-116 Stubbs Street & 57-59 Robertson Street
Train stations within 5 km of 106-116 Stubbs Street & 57-59 Robertson Street, Kensington, VIC 3031 Distance Macaulay Station 212 m Kensington Station 397 m Flemington Bridge Station 665 m Newmarket Station 826 m South Kensington Station 1.1 km POWERED BY HERE ©Tram stops within 5 km of 106-116 Stubbs Street & 57-59 Robertson Street, Kensington, VIC 3031 Distance 23-Stubbs St/Racecourse Rd (Flemington) 437 m 24-Collett St/Racecourse Rd (Kensington) 501 m 24-Victoria St/Racecourse Rd (Flemington) 546 m 22-Boundary Rd/Racecourse Rd (North Melbourne) 621 m 25-Wellington St/Racecourse Rd (Flemington) 629 m POWERED BY HERE ©Bus stops within 5 km of 106-116 Stubbs Street & 57-59 Robertson Street, Kensington, VIC 3031 Distance Albermarle St/Macaulay Rd (Kensington) 209 m Kensington Railway StationMacaulay Rd 461 m Boundary RdCanning St 464 m Gatehouse Dr/Smithfield Rd (Kensington) 547 m Melrose St/Canning St (North Melbourne) 617 m POWERED BY HERE ©
POWERED BY HERE ©
RARE INNER-CITY ISLAND DEVELOPMENT SITE WITH MELBOURNE CBD VIEWLINES (STPA)
- Substantial Site Area of 1,531sqm*
- Favourable Mixed Use Zoning (MUZ)
- Strong Short Term Holding Income
Cushman & Wakefield Development Sites are delighted to present for sale 106-116 Stubbs Street & 57-59 Robertson Street, Kensington for sale – a rare opportunity to create a piece of history in one of Melbourne’s fastest growing precincts, on the doorstep of the Melbourne CBD.
- A premium city-fringe location, Kensington is a uniquely charming suburb with a village-like feel positioned a short 3.1km* from the Melbourne CBD.
- Two adjoining properties spanning a significant 1,531sqm* total site area.
- Rare island site with four (4) street frontages of 161m*combined.
- Current improvements comprise a single level factory office with multiple street access entry points, a spacious car park and a rear corrugated iron clad factory with timber frame structure.
- Strong short term holding rental income of $213,180.87 + GST + Outgoings p.a. to 30 June 2025.
- Favourable Mixed Use Zoning (MUZ) permits a variety of development opportunities including residential, retail, office and hospitality.
- A short walk to Macaulay Train Station (350m*), Kensington Train Station (500m*) and Macaulay Road Shopping Village with convenient arterial access to City Link and the Melbourne CBD.
- Superb development opportunity to deliver a landmark residential and/or mixed-use project in a gentrifying pocket of Melbourne with a median house price of $1,200,000*, (Source: REIV).
*Approximate
*STPA: Subject to Planning Approval
For Sale by International Expressions of Interest closing Thursday 3 October 2024 at 12.00pm (AEST).
Please contact Cushman & Wakefield Development Sites as the exclusive sale agents to request a private inspection, review the legal documentation or discuss the opportunity.
Anthony Kirwan
+61 431 952 4...
Joe Kairouz
+61 421 430 6...
Leon Ma 马海翔
+61 417 070 7...
- A premium city-fringe location, Kensington is a uniquely charming suburb with a village-like feel positioned a short 3.1km* from the Melbourne CBD.
- Two adjoining properties spanning a significant 1,531sqm* total site area.
- Rare island site with four (4) street frontages of 161m*combined.
- Current improvements comprise a single level factory office with multiple street access entry points, a spacious car park and a rear corrugated iron clad factory with timber frame structure.
- Strong short term holding rental income of $213,180.87 + GST + Outgoings p.a. to 30 June 2025.
- Favourable Mixed Use Zoning (MUZ) permits a variety of development opportunities including residential, retail, office and hospitality.
- A short walk to Macaulay Train Station (350m*), Kensington Train Station (500m*) and Macaulay Road Shopping Village with convenient arterial access to City Link and the Melbourne CBD.
- Superb development opportunity to deliver a landmark residential and/or mixed-use project in a gentrifying pocket of Melbourne with a median house price of $1,200,000*, (Source: REIV).
*Approximate
*STPA: Subject to Planning Approval
For Sale by International Expressions of Interest closing Thursday 3 October 2024 at 12.00pm (AEST).
Please contact Cushman & Wakefield Development Sites as the exclusive sale agents to request a private inspection, review the legal documentation or discuss the opportunity.
Anthony Kirwan
+61 431 952 4...
Joe Kairouz
+61 421 430 6...
Leon Ma 马海翔
+61 417 070 7...
Property ID: 504675260Last Updated: 30 Aug 2024
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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