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35 Peel Street
West Melbourne VIC 3003
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Sold on 18 Jan 2024

35 Peel Street West Melbourne VIC 3003

  • Shop & Retail
  • 1,140 m²
  • Sold

TROPHY MIXED-USE FREEHOLD RETAIL INVESTMENT

  • Opposite The Queen Victoria Market
  • Fully Leased Retail & Residential Asset
  • Uninterrupted Melbourne CBD Views

The property comprises a land rich, mixed-use, freehold investment, with an unrivalled location on the cusp of Melbourne's CBD, at the direct interface of The Queen Victoria Market.

The key highlights of the opportunity include:

+ Substantial fully leased freehold building, comprising ground floor retail tenancies and eight (8) residential apartments over two levels, with outstanding street exposure to one of Melbourne's busiest thoroughfares

+ Directly opposite The Queen Victoria Market, benefiting from the $1.7bn* redevelopment set to be undertaken by Lendlease, due to deliver high density commercial & residential accommodation, significantly boosting foot traffic and investment into the catchment

+ Located on the edge of Melbourne's CBD, benefiting from favourable mixed-use zoning and outstanding height precedent, providing exciting future development opportunities (STCA)

+ Surrounding several education hubs anchored by RMIT University and The University of Melbourne, aiding in surging rental demand for residential accommodation in the city fringe

+ Excellent connectivity provided via Elizabeth, Victoria and William Streets, benefiting from a major tram strop directly outside the property and Flagstaff Train Station 500m* away

To obtain further information, please contact CBRE and Tiga Commercial.

CBRE

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Tiga Commercial

David Sia
+61 430 111 223
david.sia@tiga.au

Griffin Barrett
+61 434 620 360
griffin.barrett@tiga.au

Martin Leong
+61 425 699 708
martin.leong@tiga.au

*Denotes Approx.

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold18 Jan 2024
Floor Area1,140 m²
Land Area425 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018770981
Category
Last updated  18 Jan 2024
Map for 35 Peel Street West Melbourne VIC 3003
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold18 Jan 2024
Floor Area1,140 m²
Land Area425 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018770981
Category
Last updated  18 Jan 2024

More about 35 Peel Street West Melbourne VIC 3003

35 Peel Street West Melbourne VIC 3003 is categorized as Shop & Retail Property. It has a floor area of 1,140 m² and a land area of 425 m². The listing ID for this property is 2018770981.

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