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256-258 & 260-262 Normanby Road, SOUTH MELBOURNE, VIC 3205
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RECEIVER AND MANAGER SALE
  • 2,024sqm Capital City 1 Zone landholding
  • Planning Scheme Amendment for 20 levels
  • Owner-occupiers, Investors & Developers

Under instructions from Philip Newman, PCI Partners, Receiver and Manager, CBRE is offering for sale 256-258 & 260-262 Normanby Road, South Melbourne together or separately via expressions of interest.

The properties represent an unrivalled development or owner-occupier opportunity in South Melbourne’s highly desirable Montague Precinct.

+Two (2) side by side buildings suiting owner-occupiers, investors and developers

+2,024sqm* landholding benefitting from capital city 1 zoning, with high exposure street frontage to Normanby Road & Munro Street

+Offered with a Planning Scheme Amendment prepared by acclaimed architect Hayball, allowing for a 20-level mixed-use development of the site, comprising 158 apartments with retail & commercial tenancies

+Direct access to Citylink, the West Gate Freeway and the Docklands Highway, whilst The South Melbourne Market, Crown Casino, the Melbourne CBD & Docklands are all within walking distance and the sporting precinct, Port Melbourne Beach and Albert Park lake are less than 2km* away

+Normanby Road is a pocket set to transform into a St Kilda Road style thoroughfare, with several major 40-level plus developments under construction, the precinct shapes as a natural extension of the Melbourne CBD, Southbank and Docklands

256-258 & 260-262 NORMANBY ROAD, SOUTH MELBOURNE ARE FOR SALE TOGETHER OR SEPARATELY VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 3RD MARCH AT 2:00PM (AEDT)

*Approx.

For further information please contact the exclusive sales and marketing agents at CBRE:

David Minty

+61 422 564 199

[email protected]

Scott Hawthorne

+61 400 861 048

[email protected]

Jing Jun (JJ) Heng 王敬君

+61 411 059 116

[email protected]

Remember to mention you found this property on DevelopmentReady

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