Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

11-21 Buckhurst Street, South Melbourne, VIC 3205

+6 Photos

11-21 Buckhurst Street, South Melbourne, VIC 3205

South Melbourne

×
Sold Check
+8 Photos

11-21 Buckhurst Street, South Melbourne, VIC 3205

South Melbourne

SOLD
11-21 Buckhurst Street, South Melbourne, VIC 3205

11-21 Buckhurst Street, South Melbourne, VIC 3205

Properties / Sold / Victoria / South Melbourne
Development Potential
Property Type
Mixed Use
Land Area
772 m² (*approx)
Selling Method
EOI:
Show All

This One Has It All

Colliers International is pleased to offer 11-21 Buckhurst Street, South Melbourne For Sale by Expression of Interest closing Wednesday 16th March 2016 at 3pm.

Located approximately 1 kilometre south of the Melbourne CBD, 11-21 Buckhurst Street, South Melbourne is an asset that delivers immediate income from two tenants and the very real prospect of a residential apartment redevelopment (STCA) in years to come.

This strategic land holding possesses a two level office building that benefits from two street frontages, diversified income stream with in-built rental growth and a flexible zoning allowing for multiple uses. Opportunities such as this are rare to come by and it will have wide appeal to passive investors, land-banking developers and potential long-term owner occupiers.

Key attributed of the offering include:

• Quality built two storey building

• Two street frontages with a land area of 772m² (approx.)

• Terrific tenancy profiles and well-structured leases

• Net income $280,800 p.a.

• Off-street car parking at the rear

• Surrounded by high profile businesses, schools, public transport and parks

• Zoned Capital City Zone 1 (CCZ1)

• Allowable height 18 storey discretionary (60m)


For more information on the above property please contact the exclusive selling agents at Colliers International.

Find out more: Click on the MESSAGE AGENT button above, or when calling the nominated Agents remember to mention you found this property on DevelopmentReady 

Read More
Development Potential

Development Site Summary

Property Type
Mixed Use
Land Area
772 m² (*approx)
Selling method
EOI:

Development Site Highlights

This One Has It All

Colliers International is pleased to offer 11-21 Buckhurst Street, South Melbourne For Sale by Expression of Interest closing Wednesday 16th March 2016 at 3pm.

Located approximately 1 kilometre south of the Melbourne CBD, 11-21 Buckhurst Street, South Melbourne is an asset that delivers immediate income from two tenants and the very real prospect of a residential apartment redevelopment (STCA) in years to come.

This strategic land holding possesses a two level office building that benefits from two street frontages, diversified income stream with in-built rental growth and a flexible zoning allowing for multiple uses. Opportunities such as this are rare to come by and it will have wide appeal to passive investors, land-banking developers and potential long-term owner occupiers.

Key attributed of the offering include:

• Quality built two storey building

• Two street frontages with a land area of 772m² (approx.)

• Terrific tenancy profiles and well-structured leases

• Net income $280,800 p.a.

• Off-street car parking at the rear

• Surrounded by high profile businesses, schools, public transport and parks

• Zoned Capital City Zone 1 (CCZ1)

• Allowable height 18 storey discretionary (60m)


For more information on the above property please contact the exclusive selling agents at Colliers International.

Find out more: Click on the MESSAGE AGENT button above, or when calling the nominated Agents remember to mention you found this property on DevelopmentReady 

Read More
Development Potential

Finance Calculator

11-21 Buckhurst Street, South Melbourne, VIC 3205

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location

One moment please.

Retrieving map...

11-21 Buckhurst Street, South Melbourne, VIC 3205 South Melbourne
Colliers - Melbourne CBD
Colliers - Melbourne CBD
Ground Floor, Optus Centre 367 Collins Street, Melbourne, VIC, 3000
View Agency Profile