Knight Frank and CBRE are pleased to be offering to market, Melbourne's finest development site in the coveted and thriving East End precinct. Located on Spring Street, the site offers the opportunity to build Melbourne's next iconic tower, boasting unbeatable accessibility and uninterrupted panoramic views over Treasury and Fitzroy Gardens.
85 Spring Street is strategically approved to develop a 37-level prime grade office tower designed by Bates Smart. The underlying planning parameters are flexible and allow alternate uses, including residential and hotel (STCA).
Key features of the property include:
Site Area: 1,529 sqm*
Street Frontages: combined frontage of over 100m*
Permit Approved: 37 Level Prime Grade office Tower, with ground floor retail and basement carparking and facilities.
Proposed NLA: 29,630sqm*
Proposed ESG Credentials: 5.0 Green Star Rating, 5.0 Star Energy Rating
Air rights: The property includes air-rights over 4 Collins Street to the South
Direct access to public transport with Parliament Station at its doorstep.
Within arm's reach of luxury hotels, fine-dining and designer boutiques, and footsteps away from Melbourne's largest and most beautiful green spaces.
This is the rare opportunity to create the next urban icon in the last remaining development site of its kind in Melbourne's thriving East End.
The 100% interest in 85 Spring Street is offered for sale via International Expressions of Interest closing Thursday 24 March at 2pm (AEDT).