CBRE Melbourne Metropolitan Sales is offering for sale 11 & 15-19 Gracie Street, North Melbourne.
Key attributes of the opportunity are below:
+ 15-19 Gracie Street comprises a modern two-level office building ideally suited for a major mixed-use development, office headquarters or value-add investment (STCA)
+ 11 Gracie Street is a vacant landholding utilised as staff & client carparking for up to 16 vehicles
+ Secured by a short-term lease with no further options to GDJ advertising returning $196,592* pa
+ High clearance roller door access to 15-19 Gracie Street provided off Reynolds Street with private loading bay area and 3 carparks
+ Directly opposite land to be developed by The State Government and transformed into 12 hectares of open space & parklands providing park views that cannot be built out
+ Well serviced by an array of public transport options with Macaulay Railway Station (450m*), forthcoming Arden Railway Station (800m*) as well as major arterial roads such as Citylink & Macaulay Road
For further information please contact the exclusive sale & marketing agents at CBRE:
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.