253-273 Normanby Road,
South Melbourne, VIC 3205
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Map of 253-273 Normanby Road
THE BEST LAND BANK DEVELOPMENT OPPORTUNITY IN MELBOURNE
- NEARLY $700,000 IN NET ANNUAL INCOME
- LANDHOLDING OF 7661sqm* OVER TWO TITLES
- HUGE DEVELOPMENT POTENTIAL (STCA)
253-273 Normanby Road, South Melbourne
Unprecedented 7,661sqm* land bank development opportunity.
Three major street frontages totalling 297m*
Current lease to world renowned Oxford University for $688,724 pa* net until 29th March 2018, with a 6 month option period, occupying the high quality 4,515sqm* office and warehouse improvements
Located only 1.5km* from the CBD, 100m* to Montague Street Light Rail and strong transport linkages via the West Gate Freeway, Montague Street and Citylink
The Fishermans Bend Urban Renewal Structure Plan provides for a 40 level height limit, offering significant development potential (STCA)
FOR SALE VIA INTERNATIONAL EXPRESSION OF INTEREST CLOSING THURSDAY 7TH APRIL AT 2PM
OPEN FOR INSPECTION:
FRIDAY 11TH OF MARCH FROM 2-3PM
FRIDAY & 18TH OF MARCH FROM 2-3PM
CBRE Victorian Development Sites Team
Mark Wizel
+61 409 809 868
Josh Rutman
+61 411 273 746
Julian White
+61 422 764 137
Ed Wright
+61 421 213 021
*approx
Unprecedented 7,661sqm* land bank development opportunity.
Three major street frontages totalling 297m*
Current lease to world renowned Oxford University for $688,724 pa* net until 29th March 2018, with a 6 month option period, occupying the high quality 4,515sqm* office and warehouse improvements
Located only 1.5km* from the CBD, 100m* to Montague Street Light Rail and strong transport linkages via the West Gate Freeway, Montague Street and Citylink
The Fishermans Bend Urban Renewal Structure Plan provides for a 40 level height limit, offering significant development potential (STCA)
FOR SALE VIA INTERNATIONAL EXPRESSION OF INTEREST CLOSING THURSDAY 7TH APRIL AT 2PM
OPEN FOR INSPECTION:
FRIDAY 11TH OF MARCH FROM 2-3PM
FRIDAY & 18TH OF MARCH FROM 2-3PM
CBRE Victorian Development Sites Team
Mark Wizel
+61 409 809 868
Josh Rutman
+61 411 273 746
Julian White
+61 422 764 137
Ed Wright
+61 421 213 021
*approx
Property ID: 501877546Last Updated: 21 Sep 2020
+61 425 760 7...
253-273 Normanby Road
South Melbourne, VIC 3205
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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