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11-19 Gracie Street (Cnr Reynolds Street), North Melbourne, VIC 3051

2. Property Highlights

EXCEPTIONAL NORTH MELBOURNE CORNER DEVELOPMENT SITE WITHIN BOOMING ARDEN PRECINCT
  • 1,447SQM* CORNER LANDHOLDING
  • IMPROVED HEIGHT ALLOWANCE
  • PARK VIEWS THAT CANNOT BE BUILT OUT

CBRE Melbourne Metropolitan Sales is offering for sale 11-19 Gracie Street, North Melbourne comprising an exceptional collection of assets to be sold together or individually.

Commanding a premium North Melbourne landholding, this outstanding opportunity can be summarised by the following key attributes:

+ Corner landholding of 1,447sqm* providing over 104m* of valuable street frontage to Gracie Street & Reynolds Street

+ Special Use Zone allowing for a range of development outcomes including residential, office or retail (STCA)

+ Entrenched in “The Arden Precinct” which is undergoing significant transformation via improved planning controls allowing for greater density in the catchment (STCA)

+ At the direct interface of land being developed by The State Government that will be transformed into 12 hectares* of open space & parklands providing park views that cannot be built out

+ 15-19 Gracie Street – refurbished two-level office building on the corner of Reynolds & Gracie Street, providing light-filled office accommodation and 864sqm* of building area

+ 13 Gracie Street – modern three-storey office building constructed in 2012, providing car parking for 3 vehicles accessed via the rear lane and vacant possession available

+ 11 Gracie Street – land that is utilised as valuable car parking for up to 16 vehicles

+ Well serviced by an array of public transport options with Macaulay Railway Station (450m*), forthcoming Arden Railway Station (800m*) as well as major arterial roads such as Citylink & Macaulay Road

Please contact the exclusive sale and marketing agents at CBRE for further information:

Scott Hawthorne

+61 400 861 048

scott.hawthorne@cbre.com.au

David Minty

+61 422 564 199

david.minty@cbre.com.au

Nathan Mufale

+61 421 224 354

nathan.mufale@cbre.com.au

CBRE Asian Services Desk:

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)

+61 411 059 116 (手机)

jj.heng@cbre.com (电子邮件)

jheng1206 (微信)

*Denotes Approx.

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3. Property Location

11-19 Gracie Street (Cnr Reynolds Street), North Melbourne, VIC 3051

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4. Due Diligence

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