CBRE in conjunction with Gross Waddell ICR is pleased to offer for sale 137 Stanley Street, West Melbourne (Cnr Adderley Street).
Featuring 1,700sqm* of ultimate CBD fringe land complete with a planning permit for twenty-five (25) multi-level townhouses. The site also lends itself to consider a build-to-sell or build-to-rent residential apartment project (STCA).
A summary of this permit approved CBD fringe opportunity is as follows:
• 1,700sqm* landholding on the edge of Melbourne’s CBD
• ‘Shovel ready’ permit approved for twenty-five (25) multi-level townhouses
• Sizeable frontages to both Stanley & Adderley streets totalling 82m*
• Ability to consider an alternative build-to-sell or build-to rent residential apartment project (STCA)
• Flexible Special Use Zone enabling alternative uses such as vertical aged care, child care & medical uses (STCA)
• Median house price of $1,334,000* with 9% capital growth over the past 12 months. (REA)
• Walking distance to Southern Cross Railway Station, Docklands, Marvel Stadium, Flagstaff Gardens, Queen Victoria Market and North Melbourne Train Station.
• Surrounded by world class education, retail, entertainment and residential amenity
CBRE
Nick Peden
+61 402 011 266
[email protected]
David Minty
+61 422 564 199
[email protected]
Trent Hobart
+61 433 196 452
[email protected]
GWICR
Danny Clark
+61448 066 889
[email protected]
Glenn Ye 叶格林
+61 400 880 388
[email protected]
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