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Tiga Commercial - Melbourne

213-217 Normanby Road South Melbourne, VIC 3205

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213-217 Normanby Road,
South Melbourne, VIC 3205

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

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Tiga Commercial - Melbourne
Martin Leong 梁文伟
David Sia 谢忠佑
Griffin Barrett

Tiga Commercial - Melbourne

Level 11, 410 Collins Street
MELBOURNE, VIC 3000
Tiga Commercial - Melbourne
213-217 Normanby Road
South Melbourne, VIC 3205

Map of 213-217 Normanby Road

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Developable Blue-Chip Investment in the Heart of an Irreplaceable Trio

  • HIGH PROFILE COVENANT
  • MAJOR DENSITY DEVELOPMENT PRECINCT
  • CONVENIENT ACCESIBILITY
Tiga is pleased to exclusively present 213-217 Normanby Road, South Melbourne, with the following key property highlights:

- AAA Covenant: 213-217 Normanby is centrally 1 of 3 properties occupied by multinational automotive manufacturer ‘Melbourne City Toyota’. Strategic holding income of two (2) years remaining on the lease resulting in upside in rental growth.

- Highly Exposed City Fringe Landholding: A desirable rectangular shape site, boasting front and rear access points and unparalleled transport exposure. Focal point for signage and marketing, exposing the asset to passing work commuters, residents, and tourists.

- Sustained Earnings: Maximise value with the assurance of holding income. Capitalise on the assets current state or potential rental uplift.

- Premier Lifestyle and Amenity: Seize the opportunity to be amid growing amenity and local & international tourism including M Hotel by Marriot & Oakwood Hotel. World class attractions within walking distance include Crown Entertainment Precinct, Melbourne Convention & Exhibition Centre, South Melbourne Market and Melbourne CBD’s renown hospitality and retail options.

- Access & Convenience: Pitchfork access funnelling traffic to and from the CBD through Normanby Road and Montague Street providing access to M1 Freeway. By foot, conveniently located 150m* from the 109 tram line with abundance of amenities within walking distance.

- Futureproof Activity & Demand: Nestled amidst a surge of Build-To-Rent & Build-To-Sell projects, this site offers the opportunity of investing, occupying or developing in a growing residential precinct. (STCA)

- Broad Spectrum of Results: The flexibility of Capital City Zone 1 (CCZ1) offers end users assorted outcomes allowing for Retail, Office and Industrial uses coupled with having future development outcomes to support Melbourne’s undersupply of Residential dwelling requirements.

Expressions of Interest for this exceptional opportunity will close on Wednesday, 26th June 2024, at 2:00 PM, unless sold prior. This is a rare chance to secure a blue-chip South Melbourne investment that promises to capitalise in its current state or with its future value.

For more information, please contact the Tiga selling agents:

David Sia: +61 430 111 2...
Martin Leong 梁文伟: +61 425 699 7...
Griffin Barrett: +61 434 620 3...


*Approximate

Additional information

Property ID: 504601472Last Updated: 15 Jul 2024

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