359 Plummer Street, Port Melbourne, VIC, 3207
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Property Highlights

  • 2 UNITS
  • FULLY LEASED $770k*

Lemon Baxter is delighted to offer for sale, via expression of interest, this significant site in Port Melbourne"s Fishermans Bend precinct. 7,377 m2 of Capital City zone 1 land, providing two office warehouse units. Unit 1 his available now and Unit 2 has a long term lease. Fully leased potential income of $770,000 p.a.net.

The site covers a land area of 7,377m2 with a frontage to Plummer Street of 61.27m and a depth of 120.65m. Consisting of two separate buildings, the building area of unit 1, fronting Plummer Street, is 4,481m2 over two levels. The rear building of 2,456m2. The site sits within a CC1 zone with current zoning showing a 12 storey development on the front half and 24 stories on the rear (STCA).

This centrally located site is in the Wirraway Precinct of Fishermans Bend, planned to become a predominantly family-friendly, inner city neighbourhood close to the Bay with access to the CBD and major arterials. The property represents a chance to secure a foot­hold in Australia's largest urban renewal project with the opportunity to invest, develop or own and occupy. With the best of Mel­bourne's existing and future amenity on the door­step and significant growth potential, this site offers extraordinary development possibilities.

EOI closing Wednesday 3rd November @ 12:00 noon

Remember to mention you found this property on DevelopmentReady

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