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.