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10 Queens Road, Melbourne, VIC, 3004

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10 Queens Road, Melbourne, VIC, 3004

Properties / Buy / Victoria / Melbourne
Development Potential

1. Property Summary

Property Type
Residential, Commercial
Land Area
2,323 m² (*approx)
Selling Method
EOI: Closing Thursday 24th October at 12pm, 2024
EOI Closing Date
24 Oct 2024 12:00PM
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2. Property Highlights

Unlock the Potential of this Prime Asset Overlooking the stunning Albert Park Lake
  • Proven Luxurious Residential Address
  • Value-Add and Conversion Opportunities
  • Under Instructions from Receivers

Colliers and Cushman & Wakefield Middle Markets proudly presents an exceptional opportunity at 10 Queens Road, Melbourne. Ideally positioned for value-add investors, owner-occupiers, and developers seeking an asset incorporating unparalleled potential, this prime city-fringe asset is not to be missed.

Key Highlights include:

- Prestigious Queens Road location with a combined 60m* of street frontage (Queens Road & Queens Lane) directly opposite Albert Park.

- 19-storeys of high-quality office space featuring flexible floorplates allowing for a range of end uses with 4-Star NABERS rating.

- Substantial site area of 2,323sqm* in a proven residential location.

- Strong holding income with significant opportunity for future capital value-add and rental reversion.

- Existing basement and undercroft carparking comprising of 159 spaces.

- Within proximity to the city’s cherished landmarks, esteemed private schools and iconic gardens, with uninterrupted view lines across Albert Park Lake and Port Philip Bay.

- Future advantages with the newly built ANZAC station and the continuous progress of the Metro Tunnel project, poised to elevate the demand for this prime location.

- Queens Road precinct is swiftly becoming Melbourne's premier destination for high-end residential and build-to-rent developments, taking advantage of the city's dynamic landscape.

- A rare opportunity to capitalize on the growing thematic office conversions into much needed housing supply.

*Approx.

For Sale by Expressions of Interest Closing Thursday 24th October 2024 at 12pm (AEDT).

For further information or to arrange an inspection of the property please contact the Colliers or Cushman & Wakefield Middle Markets team as the exclusive selling agents:

Oliver Hay | +61 419 528 540

Daniel Wolman | +61 412 957 839

Leon Ma 马海翔 | +61 417 070 725

Jozef Dickinson | +61 402 678 888

Aaron Choong | +61 430 661 177

Alex Browne | +61 418 350 545

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Residential, Commercial
Land Area
2,323 m² (*approx)
Selling method
EOI: Closing Thursday 24th October at 12pm, 2024
EOI Closing Date
24 Oct 2024 12:00PM

2. Property Highlights

Unlock the Potential of this Prime Asset Overlooking the stunning Albert Park Lake
  • Proven Luxurious Residential Address
  • Value-Add and Conversion Opportunities
  • Under Instructions from Receivers

Colliers and Cushman & Wakefield Middle Markets proudly presents an exceptional opportunity at 10 Queens Road, Melbourne. Ideally positioned for value-add investors, owner-occupiers, and developers seeking an asset incorporating unparalleled potential, this prime city-fringe asset is not to be missed.

Key Highlights include:

- Prestigious Queens Road location with a combined 60m* of street frontage (Queens Road & Queens Lane) directly opposite Albert Park.

- 19-storeys of high-quality office space featuring flexible floorplates allowing for a range of end uses with 4-Star NABERS rating.

- Substantial site area of 2,323sqm* in a proven residential location.

- Strong holding income with significant opportunity for future capital value-add and rental reversion.

- Existing basement and undercroft carparking comprising of 159 spaces.

- Within proximity to the city’s cherished landmarks, esteemed private schools and iconic gardens, with uninterrupted view lines across Albert Park Lake and Port Philip Bay.

- Future advantages with the newly built ANZAC station and the continuous progress of the Metro Tunnel project, poised to elevate the demand for this prime location.

- Queens Road precinct is swiftly becoming Melbourne's premier destination for high-end residential and build-to-rent developments, taking advantage of the city's dynamic landscape.

- A rare opportunity to capitalize on the growing thematic office conversions into much needed housing supply.

*Approx.

For Sale by Expressions of Interest Closing Thursday 24th October 2024 at 12pm (AEDT).

For further information or to arrange an inspection of the property please contact the Colliers or Cushman & Wakefield Middle Markets team as the exclusive selling agents:

Oliver Hay | +61 419 528 540

Daniel Wolman | +61 412 957 839

Leon Ma 马海翔 | +61 417 070 725

Jozef Dickinson | +61 402 678 888

Aaron Choong | +61 430 661 177

Alex Browne | +61 418 350 545

Remember to mention you found this property on DevelopmentReady

Read More

3. Property Location

10 Queens Road, Melbourne, VIC, 3004

Property Map

4. Due Diligence

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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