Sold
121-131 Cardigan Street, Carlton, VIC, 3053
121-131 Cardigan Street, Carlton, VIC, 3053
Properties / Sold / Victoria / Carlton
Development Approved
Copied
Property Type
Residential, Mixed Use
Land Area
1,846 m² (*approx)
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A MONUMENTAL, PERMIT APPROVED, CARLTON DEVELOPMENT OPPORTUNITY
SOLD
- THREE STREET FRONTAGES
- IMMEDIATE PROXIMITY TO THE MELBOURNE CBD
- ONE OF THE LAST DEVELOPMENTS OF SCALE
Colliers International is pleased to present the opportunity to secure Carlton’s best development opportunity at 121-131 Cardigan Street. The outstanding property comprises the following key attributes:
- Substantial 1,846m²* landholding and mixed-use zoning providing excellent development precedence
- Three (3) exceptional street frontages spanning 134m*, providing protected views and natural light corridors
- Permit approved for 13,259m²* of Gross Floor Area (GFA) and 6,689m²* of Net Saleable Area (NSA) across 9-levels, designed by the highly awarded international design firm, Fender Katsalidis
- Significant short term holding income of $582,566* per annum with large rental upside
- 30 on-site car spaces
- Located in Melbourne’s tightly held University Precinct, metres from the University of Melbourne, RMIT, Melbourne’s Bio-medical precinct and the CBD
- Nearby Lygon Street’s Golden Mile with countless restaurants, cafes and bars surrounded by tree-lined boulevards
- Conveniently serviced by the Swanston Street tram network, this strategic and sought-after location is soon to be further stimulated by the Melbourne Metro Rail and the introduction of Parkville Train Station just metres away.
- Flexibility to suit a broad range of end users including student accommodation groups, commercial or residential developers, hotel operators or passive investors looking to implement a mixed-use investment strategy
- One of Carlton’s last development opportunities of significant scale within the tightly held University Precinct
*Approx.
To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents:
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Trent Hobart +61 433 196 452
David Sia 谢忠佑 +61 430 111 223
Remember to mention you found this property on DevelopmentReady
Read More
Development Approved
Development Approved
Development Site Summary
Property Type
Residential, Mixed Use
Land Area
1,846 m² (*approx)
Development Site Highlights
A MONUMENTAL, PERMIT APPROVED, CARLTON DEVELOPMENT OPPORTUNITY
SOLD
- THREE STREET FRONTAGES
- IMMEDIATE PROXIMITY TO THE MELBOURNE CBD
- ONE OF THE LAST DEVELOPMENTS OF SCALE
Colliers International is pleased to present the opportunity to secure Carlton’s best development opportunity at 121-131 Cardigan Street. The outstanding property comprises the following key attributes:
- Substantial 1,846m²* landholding and mixed-use zoning providing excellent development precedence
- Three (3) exceptional street frontages spanning 134m*, providing protected views and natural light corridors
- Permit approved for 13,259m²* of Gross Floor Area (GFA) and 6,689m²* of Net Saleable Area (NSA) across 9-levels, designed by the highly awarded international design firm, Fender Katsalidis
- Significant short term holding income of $582,566* per annum with large rental upside
- 30 on-site car spaces
- Located in Melbourne’s tightly held University Precinct, metres from the University of Melbourne, RMIT, Melbourne’s Bio-medical precinct and the CBD
- Nearby Lygon Street’s Golden Mile with countless restaurants, cafes and bars surrounded by tree-lined boulevards
- Conveniently serviced by the Swanston Street tram network, this strategic and sought-after location is soon to be further stimulated by the Melbourne Metro Rail and the introduction of Parkville Train Station just metres away.
- Flexibility to suit a broad range of end users including student accommodation groups, commercial or residential developers, hotel operators or passive investors looking to implement a mixed-use investment strategy
- One of Carlton’s last development opportunities of significant scale within the tightly held University Precinct
*Approx.
To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents:
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Trent Hobart +61 433 196 452
David Sia 谢忠佑 +61 430 111 223
Remember to mention you found this property on DevelopmentReady
Read More
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