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275 Normanby Road, Port Melbourne, VIC 3207

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275 Normanby Road, Port Melbourne, VIC 3207

Port Melbourne

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275 Normanby Road, Port Melbourne, VIC 3207
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275 Normanby Road, Port Melbourne, VIC 3207

275 Normanby Road, Port Melbourne, VIC 3207

Properties / Buy / Victoria / Port Melbourne
Development Potential
Property Type
Commercial, Industrial
Sub Type
Office
Land Area
4,200 m² (*approx)
LGA
Port Phillip City
Selling Method
For Sale: Contact Agent
DOCUMENTS AVAILABLE
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Landmark 4,200 sqm* City-Fringe Island Site with Bracing Holding Income
  • 4,200 sqm* Island Footprint
  • $1.625m p.a.* Net Holding Income
  • Rare Four Street Frontage

Lemon Baxter is pleased to present 275 Normanby Road, Port Melbourne, an exciting development opportunity positioned at the gateway of Australia's largest urban renewal corridor. Occupying a rare 4,200 sqm footprint just 2km from the Melbourne CBD, this ultimate design canvas features an exceptional 291 meters of combined four-street frontage.

Secure a $1.625 million p.a.* net holding income via a proposed short-term leaseback, completely offsetting carrying costs during the planning phase (STCA). Set among premium institutional-grade developments, a city-fringe island site landholding of this geometric scale is incredibly rare.

- A major 4,200 sqm* city-fringe landholding held across two freehold titles

- 291 meters* of combined frontages across Normanby Rd, Ingles St, Evans St and Boundary St

- Generates approximately $1,625,000 p.a.* net holding income via a secure short-term leaseback

- Features highly functional, specialised technical and laboratory improvements

- Positioned on the coveted Port Melbourne/South Melbourne border with walkable access to South Melbourne Market, DFO South Wharf and riverfront dining

- Located adjacent to the Fishermans Bend Renewal precinct, benefitting from immediate tram access, and proposed train and cycling corridors

- Significant short-term repositioning and future mixed-use or high-density residential redevelopment potential (STCA)

To request access to the online Data Room for due diligence documentation or to arrange an inspection, please contact the exclusive Lemon Baxter agents today.

*approx

Remember to mention you found this property on DevelopmentReady

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Development Potential

275 Normanby Road Development Site Summary

Property Type
Commercial, Industrial
Sub-type
Office
Land Area
4,200 m² (*approx)
LGA
Port Phillip City
Selling method
For Sale: Contact Agent
DOCUMENTS AVAILABLE
Request Access

Development Site Highlights

Landmark 4,200 sqm* City-Fringe Island Site with Bracing Holding Income
  • 4,200 sqm* Island Footprint
  • $1.625m p.a.* Net Holding Income
  • Rare Four Street Frontage

Lemon Baxter is pleased to present 275 Normanby Road, Port Melbourne, an exciting development opportunity positioned at the gateway of Australia's largest urban renewal corridor. Occupying a rare 4,200 sqm footprint just 2km from the Melbourne CBD, this ultimate design canvas features an exceptional 291 meters of combined four-street frontage.

Secure a $1.625 million p.a.* net holding income via a proposed short-term leaseback, completely offsetting carrying costs during the planning phase (STCA). Set among premium institutional-grade developments, a city-fringe island site landholding of this geometric scale is incredibly rare.

- A major 4,200 sqm* city-fringe landholding held across two freehold titles

- 291 meters* of combined frontages across Normanby Rd, Ingles St, Evans St and Boundary St

- Generates approximately $1,625,000 p.a.* net holding income via a secure short-term leaseback

- Features highly functional, specialised technical and laboratory improvements

- Positioned on the coveted Port Melbourne/South Melbourne border with walkable access to South Melbourne Market, DFO South Wharf and riverfront dining

- Located adjacent to the Fishermans Bend Renewal precinct, benefitting from immediate tram access, and proposed train and cycling corridors

- Significant short-term repositioning and future mixed-use or high-density residential redevelopment potential (STCA)

To request access to the online Data Room for due diligence documentation or to arrange an inspection, please contact the exclusive Lemon Baxter agents today.

*approx

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential
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Chris Chartres
Chris Chartres
+61 *** *** *** show +61 439 399 220
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+61 439 399 220 [email protected] Message
Paul O'Sullivan
Paul O'Sullivan
+61 *** *** *** show +61 412 410 366
Message Message
+61 412 410 366 [email protected] Message
Hans Fan
Hans Fan
+61 *** *** *** show +61 401 882 621
Message Message
+61 401 882 621 [email protected] Message

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275 Normanby Road, Port Melbourne, VIC 3207 Port Melbourne
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Lemon Baxter
Lemon Baxter
Level 26, 2 Southbank Boulevard, Southbank VIC 3006
Chris Chartres
Chris Chartres
+61 *** *** *** show +61 439 399 220
Paul O'Sullivan
Paul O'Sullivan
+61 *** *** *** show +61 412 410 366
Hans Fan
Hans Fan
+61 *** *** *** show +61 401 882 621
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