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40-48 Park Street, South Melbourne, VIC 3205

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40-48 Park Street, South Melbourne, VIC 3205
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40-48 Park Street, South Melbourne, VIC 3205

40-48 Park Street, South Melbourne, VIC 3205

Properties / Buy / Victoria / South Melbourne
Development Potential

1. Property Summary

Property Type
Mixed Use, Commercial
Sub Type
Land Site, Office
Land Area
1,168 m² (*approx)
Zoning
Mixed Use Zone
Selling Method
Expressions of Interest: Closing Wednesday 28 February at 3pm (AEDT)
DOCUMENTS AVAILABLE
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2. Property Highlights

Domain Precinct Freehold with Development Upside
  • The Ultimate Mixed-Use Opportunity
  • 225m* to ANZAC Station
  • Occupy, Invest, Reposition or Develop

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

Read More
Dataroom

1. Property Summary

Property Type
Mixed Use, Commercial
Sub-type
Land Site, Office
Land Area
1,168 m² (*approx)
Zoning
Mixed Use Zone
Selling method
Expressions of Interest: Closing Wednesday 28 February at 3pm (AEDT)
DOCUMENTS AVAILABLE
Gain Access

2. Property Highlights

Domain Precinct Freehold with Development Upside
  • The Ultimate Mixed-Use Opportunity
  • 225m* to ANZAC Station
  • Occupy, Invest, Reposition or Develop

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

Read More
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Development Potential
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4. Property Location

40-48 Park Street, South Melbourne, VIC 3205

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5. Market Intelligence Report

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40-48 Park Street, South Melbourne, VIC 3205 South Melbourne
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Colliers - Melbourne CBD
Colliers - Melbourne CBD
Ground Floor, Optus Centre 367 Collins Street, Melbourne, VIC, 3000
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Nick Garoni
Nick Garoni
+61 *** *** *** show +61 403 409 004
Matt Stagg
Matt Stagg
+61 *** *** *** show +61 409 411 300
Yvonne Zhou 周怡泓
Yvonne Zhou 周怡泓
+61 *** *** *** show +61 415 100 831
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