228-232 & 234-238 Normanby Road Southbank VIC 3006

Colliers and Stonebridge are proud to offer for sale this triple street fronted landmark development site, improved with "City Jeep" double storey showroom, vehicle service centre and office. The property is in excellent condition throughout and immediately suits vehicle and retail big-box showroom owner-occupiers and investors.

The site offers the potential for a landmark development, an expansive 3,030 sqm* landholding with 171 m* of triple street frontage. Situated in the Fisherman's Bend Structure Plan enables the potential for a high-rise development, including build-to-sell or build-to-rent apartments. Having previously been permit approved for a 40-storey development.

Recent surrounding Normanby Road developments include R.Iconic, AC Hotel by Marriot and Oakwood Premier.

The key highlights of the opportunity include:

• Prized 3,030 sqm* landholding
• 3 expansive street frontages totalling 171 m*
• Desirable Capital City Zone
• Prior permit approval for 40-storey development
• Suit build-to-sell or build-to-rent development (STPA)
• Significant existing 2-level showroom/office
• Building area of 4,510sqm*
• Exposure to 68,000^ passing vehicles per day
• Adjacent future park/open space^^
• Offered vacant possession February 2025
• Opportunity for landmark development, strategic landbank and/or investment

For further information or to arrange an inspection contact exclusive co-agents.

Colliers:
MATT STAGG: +61 409 411 300
JOZEF DICKINSON: +61 402 678 888
TIM MCINTOSH: +61 488 320 063

Stonebridge:
JULIAN WHITE: +61 422 764 137
DYLAN KILNER: +61 459 396 341
CHAO ZHANG: +61 411 625 068

*Approximate
^ GapMaps (2024)
^^ Draft Fishermans Bend Structure Plan (2022)