PRIME 1,353SQM* CORNER DEVELOPMENT SITE
- Situated on a prominent corner on Lygon Street and Blyth Street, the property is a prime 1,353sqm* development opportunity
- Subject to flexible to Commercial 1 zoning (C1Z), the property caters to an array of future development uses including residential, mixed-use, office and hotel
- The property will also boast protected park facing views overlooking Anderson Park
- This section of Lygon Street has witnessed a considerable volume of residential development, underpinning the future development of the property
- Located in the popular and trendy inner-city suburb of Brunswick East, the suburb displays a median house price of $1,167,000*
- The property is located only 4.7km* from the Melbourne CBD, with direct access via the number 1 and 6 tram line which is located directly in front of the property. Brunswick Train Station is also in close proximity, being 1.1km* away
- The location of the property perfectly caters to the demand for high density residential accommodation for young professionals and students due to its lifestyle offerings, proximity to major parks and educational institutions
- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period
- For more information on the full portfolio, please visit www.thenationaldevelopmentsiteportfolio.com.au
*Approx
CBRE Melbourne
Mark Wizel
+61 411 694 756
Julian White
+61 422 764 137
Stonebridge Property Group
Lincoln Blackledge
+61 408 780 772
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