Stonebridge Property Group is pleased to present for sale under instructions from Receivers and Managers Olvera Advisors, 51-57 Cubit Street, Cremorne. A highly valuable 1,042 sqm* landholding with a current planning application for a 10-storey mixed-use development (STCA), designed by renowned architect Fender Katsalidis.
Featuring an 880 sqm* warehouse/office/showroom, with functional floor plate, saw-tooth roof, seven off-street car parks, high ceilings and large roller door access.
Cremorne is home to some of Melbourne's largest developers who are active in the precinct, including Little Projects, Vicland, Fortis, Pace and LK Property Group. Highlighting the demand and growth potential for mixed-use outcomes in the area.
The key highlights of the opportunity include:
- Significant 1,042 sqm* freehold landholding with development upside (STCA)
- Prominent existing improvements comprise 880 sqm* office/warehouse/showroom with modern fit-out
- 7 off-street car parks
- Generous 37 m* frontage to Cubitt Street
- Current planning application for a 10-storey mixed-use project by renowned architect Fender Katsalidis
- Functional warehouse/office/showroom with off-street parking, high ceilings and large roller door access, multiple meeting rooms and open warehouse
- Offered with vacant possession, giving the opportunity to occupy + re-purpose, landbank, or develop immediately (STCA)
- Situated in Melbourne's most vibrant commercial hub, surrounded by prominent companies including MYOB, Seek, Adidas, REA Group, Tesla and more
- Cremorne is one of Melbourne's most well-connected suburbs, for all forms of transport, 300 m* to Swan Street Tram 70, East Richmond Train Station (450 m*), Citylink (500 m*) and the Main Yarra Trail (500 m*)
- World-class surrounding retail/dining amenity via Swan Street (300 m*) and Chapel/Church Street (400 m*), boasting a walk score of 89^, indicating that all essential amenity is easily accessible from this location
- 1.3 km* walk to the MCG and Melbourne's sporting and entertainment precinct
51-57 Cubitt Street, Cremorne is offered for sale via Expressions of Interest closing Thursday 24th October 2:00pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:
Julian White
+61 422 764 137
Max Warren
+61 488 296 892
Chao Zhang
+61 411 625 068
*Approximately
^Walk score (2024)
Property Code: 1083
