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33-43 Dudley Street, West Melbourne, VIC 3003

Name: 33-43 Dudley Street, West Melbourne, VIC 3003
Address: 33-43 Dudley Street , VIC, West Melbourne, VIC, 3003
Telephone: +61 415 100 831

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SOLD

33-43 Dudley Street, West Melbourne, VIC 3003

Properties / Sold / Victoria / West Melbourne

Development Potential

1. Property Summary

Property Type

Residential, Mixed Use

Sub Type

Land Site

Land Area

1,273 m² (*approx)

Selling Method

Expressions of Interest: Closing Thursday 9th November 2023 at 2pm (AEDT)

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2. Property Highlights

Strategic Fringe Landholding with Development Upside

1,273m2* landholding
Rapidly evolving Flagstaff precinct
Annual rent of $225,668*

Colliers are pleased to present 33-35 & 37-43 Dudley Street, West Melbourne for sale via International Expressions of Interest closing Thursday 9th November 2023 at 2pm (AEDT). Currently returning $225,668* per annum (excluding outgoings & GST), this superb city fringe landholding of 1,273m2* falls within West Melbourne’s Flagstaff Precinct and has the future potential for residential or mixed-use – either Build-to-Rent or traditional Build-to-Sell – development outcomes.

Key property features include:

- Sizable 1,273m2* landholding

- Expansive 66m* combined street frontage

- Annual rent of $225,668*

- Two (2) freehold warehouses

- Favourable zoning for future development (Special Use Zone under West Melbourne Structure Plan 2018)

- Significant development precedent with projects from Gurner, Vicland, Trenerry Property, Deague Group and UAG all in the immediate vicinity

For further information on this exceptional offering or to arrange an inspection, please contact one of the Colliers Melbourne City Sales agents listed below.

Remember to mention you found this property on DevelopmentReady