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2. Property Highlights

NEW DOMAIN SOUTH MELBOURNE – FIRST TIME OFFERED IN OVER 27 YEARS - A MAJOR MIXED USE ISLAND SITE RIGHT ON THE EDGE OF MELBOURNE’S CBD
  • 4,707sqm* MUZ Super Site
  • Triple Net Lease To ASX Listed Tenant
  • 60m Metre Height Allowance (STCA)

CBRE Melbourne Metropolitan Sales is pleased to exclusively present for your consideration ‘New Domain South Melbourne’ the largest CBD fringe development site offering brought to market in 2023. Offering absolute flexibility in land use & scale with established Officeworks on a triple net lease, this land rich opportunity of International scale is being offered to the market for the first time in over 27 years.

This extraordinary & rare offering can be summarised by the following key attributes:

 

+ 4,707sqm* South Melbourne gateway corner landholding right on the edge of the Melbourne's CBD within the highly popular ‘Domain Precinct’

+ An ‘island site’ with four (4) frontages totalling 288m* to Kings Way, Bank Street and two (2) vehicle laneways allowing for multiple access and egress points, natural light & ventilation for future development

+ Securely leased to a high performing freestanding Officeworks, a blue-chip national ASX listed retailer (ASX:WES) returning $1,573,811 per annum (NNN)

+ 60m* Height Allowance Enabling A High Density Residential, Office, Hotel Or Retail Development Project (STCA)

+ Complete With Three (3) Premium Architectural Concept Packages Prepared By Award Winning Architectural Firm Fender Katsalidis (Australia 108, Eureka Tower & Saint Moritz)

+ Walking Distance To The New Anzac Train Station (300m*) part of the Melbourne Metro Tunnel project that will connect to Melbourne’s CBD in one stop and Melbourne Airport, due for completion in 2025

+ An opportunity to join an internationally recognised precinct favoured by Tier 1 developers including Mirvac, Deague Group, Hines, Altis, Holder East, Fortis & premium motor vehicle occupants Mercedes Benz, BMW & Mini

+ One of Melbourne’s most premium retail, food & lifestyle locations including the Clarendon Street & Domain Road Retail & Food Strips, South Melbourne Market, Crown Casino, DFO South Wharf, Royal Botanic Gardens, Albert Park Lake the home of the Grand Prix and Melbourne Sports & Aquatic Centre and walking distance to Melbourne’s CBD

+ Adding to the popularity of this precinct are the prestigious secondary & tertiary educational offerings including Melbourne Grammar School, Wesley College, Melbourne Girls Grammar School, Mac Robertson Girls High School and Melbourne University

+ Unrivalled road & public transport networks including Kings Way providing connectivity to City Link, the Westgate Freeway, Monash Freeway, Queens Road with St Kilda Road nearby. Immediate tram access with Route 58 connecting to the CBD, Queen Victoria Market and Royal Melbourne Hospital

  

*Denotes approx.

For further information please contact the exclusively appointed CBRE sales and marketing agents noted below:

Nathan Mufale

+61 421 224 354

nathan.mufale@cbre.com

David Minty

+61 422 564 199

david.minty@cbre.com

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)

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3. Property Location

231 Kings Way, South Melbourne, VIC 3205

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