Colliers Melbourne City Sales are pleased to deliver 40-48 Park Street, South Melbourne to market, right in time for the upcoming completion of ANZAC Station 225m* away. Rarely does an opportunity of this nature become available as evidenced by the longevity of ownership from the current vendor and occupation of the outgoing tenant – both with over 35 years history at the property.
The property offers the following key features:
• Self-contained two-level office freehold**
• The perfect company HQ – flexible layout, onsite parking, and prominent signage potential
• Underlying land parcel of 1,168 square metres
• High profile Park Street frontage plus rear access
• Favourable planning parameters & development upside
• Mixed Use Zone allows office, retail, hotel, residential, BTR, education or healthcare^
• DDO-26-2 prescribes a height limit of 60 metres^
• 225m* from ANZAC Station, part of the $11billion* Metro Tunnel project with completion due 2025
• Short walk to the Royal Botanic Gardens precinct
• A proven boulevard of development success!
*Approximate ^Subject to Council Approval **4.5 Star NABERS Energy Rating
EOI Closed - Offers Under Review
For more information please get in touch with the exclusively appointed agents from Colliers Melbourne City Sales:
Nick Garoni | 0403 409 004
Matt Stagg | 0409 411 300
Yvonne Zhou | 0415 100 831
Remember to mention you found this property on DevelopmentReady
