Landmark Southbank Site - 565 Apartments

Landmark Southbank Site - 565 Apartments


May 2018
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Landmark Southbank Site - 565 Apartments

55 Clarke Street Southbank, is a substantial landmark Melbourne development site with an approved permit. The highly experienced Melbourne team of Colliers International are responsible for bringing this site to the market, where national and overseas enquires have already begun to spark.

Walk one way and in moments you’ll find yourself surrounded by some of Melbourne’s landmark buildings. Walk the other and you’re in the beautiful tree-lined streets of South Melbourne. The proximity to freeways and public transport also allows easy access to and from.

Never has a CBD centric site felt so expansive.
 

Development Approved

This triple-street-fronted residential tower has been approved for 565 apartments within an amazing Elenberg Fraser design. Across 69 levels the plans allow for a range of one, two and three-bedroom apartments featuring spectacular views that will take breaths away. Located in one of Melbourne’s most prized pockets, residents will enjoy the best of city and suburban life. 

The tower itself has the fortune of a large 1,790sqm site area and this allows for many luxuries that will create a tower that residents can feel at home in. A gym, an indoor and outdoor pool, an indoor and outdoor bar, a restaurant and a library are just some of the amenities catered for.

 

Unrepeated planning permit

“The planning permit is extremely valuable, given it has a plot ratio of 30:1, which cannot be repeated,” Colliers International’s Trent Hobart noted “Planning laws have changed across the CBD, decreasing to a plot ratio of 18:1,

“There has already been a distinct lack of sites available for large scale projects over the past two years, a trend which will only exacerbate over the next few years. This will lead to a substantial decrease in supply of apartments across central Melbourne and, with the residential vacancy rate sitting at dangerously low level of around 2% currently, the buyers for sites like 55 Clarke Street with large scale residential apartment potential will be handsomely rewarded with price growth.”

 

Something to enjoy in every direction

With the abundance of in-house amenities, future residents won’t ever need to leave. If they wish to, however, the splendours of Melbourne are but a stroll away.

To the north lies the cosmopolitan city centre of Melbourne, where music, food and drinks go well into the late night. To the east, the beautiful Royal Botanic Gardens provide a scenic escape that defies its location. The south offers the vibrant retail village of South Melbourne with a plethora of dining options and fresh produce from the market. To the west, residents can enjoy the uncrowded sands of Port Phillip Bay and its spectacular sunsets.

For the astute investor, this is a development opportunity capable of contributing to the city of Melbourne in a way that will leave a lasting impact. The beautiful aesthetic, the conscientious design, the location itself; Melbourne is truly fortunate to have this project coming to its door – express interest today, this listing will garner a lot of attention.

 

Clarke St Summary

  • Highly valuable Southbank land holding of 1,790sqm.
  • Development Approved, 565 units across 69 levels; 1,2 & 3 bedroom apartments
  • Incredible location with a range of activities in every direction.
  • Easy access with proximity to freeways and public transport.
  • Expressions of interest close Wednesday 13 June 2018 at 2:00pm.

See the full listing details here on Development Ready.
Please note that all financials, measurements or distances quoted above are approximate only.

For further information please contact the Colliers International Team and mention Development Ready in your interactions.

Colliers International Team
 Trent Hobart - 0433 196 452
 Bryson Cameron - 0434 608 316
 Jun Lai 赖锦伟 - 0456 535 000

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