198 Noone Street Clifton Hill VIC 3068

Under the instructions of Advise Transact, Colliers and CVA are pleased to present 198 Noone Street, Clifton Hill For Sale by Expressions of Interest closing Thursday 20 March 2025 at 2pm (AEDT).

Representing quintessential inner-city living, this opportunity is one of the last remaining development properties within the tightly held Clifton Hill, primed to capture the insatiable demand of Melbourne's inner north.

Sought-after location aside, the property is elevated by a planning permit approval in place. This expertly designed and efficient scheme comprises 18 townhouses, each with three bedrooms configured over three to four storeys, including roof terraces maximizing the stunning views. A permitted envelope of four levels leaves significant scope for a value-add angle on a potentially revised, higher-density scheme (STCA).

Fundamental to this offering is a core inner-city location. Clifton Hill is an extremely tightly held village, only 4 kilometres northeast of the CBD. Long appreciated for its unique neighbourhood community, boutique café scene, and perimeter of stunning urban parklands, it enjoys easy access to the MCG and CBD beyond by train. This is a location with a fast-approaching scarcity of development opportunities.

Key highlights include:
• Permit approval for a 4 level residential redevelopment with a total NSA of approximately 2,513m²*
• Flexible Mixed-Use Zoning in a tightly held residential pocket of Clifton Hill
• Short 1 km walk to Clifton Hill Train Station, linking seamlessly into the MCG and eastern end of the CBD
• Substantial landholding of 1,437m²*, being one of the last remaining sites over 1,000m²* in Clifton Hill
• Existing modern industrial building of 988sqm with medium term income

For further information, please contact the selling agents at Colliers & CVA

Colliers:
Jozef Dickinson
+61 402 678 888

Philip Heberling
+61 448 955 275

Ryan Milivojac
+61 457 296 601

CVA:
Ian Angelico
+61 418 336 088

Daniel Philip
+61 439 977 121

Transaction Manager:
Advise Transact

*Approximately