Nelson Alexander Commercial are delighted to offer For Private Sale this blue-chip Carlton development opportunity. Located on beautiful Drummond Street not far from Lygon Street and Faraday Street the location is first class. The property is a blank canvas which is Zoned Commercial 1 (C1) so will be suitable for commercial, residential or a mixed-use development (STCA). Significant works have already been completed including ground works, underground plumbing, underground power and ground floor slab so there are considerable savings to be realised. This is an outstanding development opportunity in a blue-chip location that we highly recommend.
Property Features:
• Zoned Commercial 1 (C1)
• Land Area 157sqm (approx.)
• Blue-Chip Carlton Development Opportunity
• Exclusive Drummond Street Precinct
• Significant Ground Works Already Completed
• Current permit for stunning “Garden Office”
• Previous permit for retail plus 4 apartments
• Superbly positioned with close proximity to the CBD, Melbourne University & Carlton Gardens
• Flexible C1 zoning allowing commercial, residential or mixed-use development (STCA)
• Close to the very best of local amenity that Carlton has to offer
• Some of the Carlton staples close by are King & Godfree, DOC Pizza, Tiamo, Agostino, Heart Attack & Vine and more!
• This is a fantastic development opportunity that we highly recommend!
For all property enquiries or to arrange an inspection of the site please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.
Remember to mention you found this property on DevelopmentReady
