Melbourne’s RPM Real Estate Group, one of the State’s leading integrated services property firms has exhibited their latest development site opportunity with a substantial mixed-use project comprising a generous 1,543sqm offered for tender in Brunswick East.
Positioned within the Lygon Street corridor, one of Melbourne’s highly coveted retail, hospitality and lifestyle thoroughfares, 98-102 Albert Street presents with three titles sold in one line and the potential for five or more story’s, all within four kilometres of the City Centre.
Adjacent to a number of high-profile residential developments that have proved lucrative, and with a broad ranging demographic likely taking in property investors, first and second home buyers, and those relocating closer to the City, Albert Street comprises a rare offering in Melbourne’s Inner North.
CoreLogic figures highlight median unit prices of $511,000 and a positively moving capital growth trend, with almost a third of residents classified as ‘independent youth’ and over twenty percent as ‘maturing and establishing independence’.
Offered for tender closing on Thursday the 18th of May at 4pm, further information can be found here.