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402-406 Albert Street, East Melbourne, VIC 3002

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402-406 Albert Street, East Melbourne, VIC 3002

East Melbourne

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402-406 Albert Street, East Melbourne, VIC 3002

402-406 Albert Street, East Melbourne, VIC 3002

Properties / Buy / Victoria / East Melbourne
Development Potential
Property Type
Commercial, Health/Medical
Sub Type
Office, Other
Land Area
1,102 m² (*approx)
Zoning
C1Z
Selling Method
EOI: Contact the Stonebridge Team
EOI Closing Date
28 Aug 2025 02:00PM
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1,102 sqm* East Melbourne Residential Development Site
  • 1,102 sqm* C1Z Landholding
  • Rear Laneway Access
  • Uninterrupted CBD + Fitzroy Gardens View

Stonebridge Property Group, acting under instructions from Charter Keck Cramer, is pleased to present 402 - 406 Albert Street, East Melbourne, for sale via Expressions of Interest.

402 - 406 Albert Street is a high-profile landholding in one of Melbourne’s most sought-after inner-city precincts, neighbouring and views over Fitzroy Gardens (100 m*) and immediate proximity to the Melbourne CBD.

Key highlights of the opportunity include:

- Significant 1,102 sqm* total landholding with 22.8 m* of frontage to Albert Street, plus laneway access to surplus land

- Flexible Commercial 1 Zone (C1Z) allowing development outcomes for a range of potential uses, including office, residential, or a clever combination (STCA)

- Potential to develop significant portions at the rear of the site (STCA) with the benefit of preferred height control

- Uninterrupted view of Fitzroy Gardens, within walking distance of the Melbourne CBD and in proximity to Melbourne’s world-renowned sports and entertainment precinct

- Excellent connectivity via Parliament Train Station (500 m*), multiple tram and bus routes along Victoria Parade and Wellington Parade

- Positioned in the heart of a major medical precinct - over 40% of businesses in East Melbourne are dedicated to the health care and social assistance industries^

- East Melbourne’s median house price is $3,600,000^^ – the second-highest median house price in Melbourne, and home to some of Melbourne’s most luxurious residential developments

- Surrounded by several successful residential development projects by highly renowned developers, including Mirvac, Orchard Piper, and Pask

402 - 406 Albert Street, East Melbourne is offered for sale via Expressions of Interest closing Thursday 28th August 2025 at 2pm (AEST). To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White

0422 764 137

Dylan Kilner

0459 396 341

Max Warren

0488 296 892

Chao Zhang 张超

0411 625 068

如需任何中文咨询,请联系我们亚洲业务团队的Chao Zhang 张超,联系电话:0411 625 068,并可随时加他的微信(微信号:chaozeee)。

*Approximately

^ City of Melbourne

^^ REIV

Property Code: 1372

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

402-406 Albert Street Development Site Summary

Property Type
Commercial, Health/Medical
Sub-type
Office, Other
Land Area
1,102 m² (*approx)
C1Z
Selling method
EOI: Contact the Stonebridge Team
EOI Closing Date
28 Aug 2025 02:00PM

Development Site Highlights

1,102 sqm* East Melbourne Residential Development Site
  • 1,102 sqm* C1Z Landholding
  • Rear Laneway Access
  • Uninterrupted CBD + Fitzroy Gardens View

Stonebridge Property Group, acting under instructions from Charter Keck Cramer, is pleased to present 402 - 406 Albert Street, East Melbourne, for sale via Expressions of Interest.

402 - 406 Albert Street is a high-profile landholding in one of Melbourne’s most sought-after inner-city precincts, neighbouring and views over Fitzroy Gardens (100 m*) and immediate proximity to the Melbourne CBD.

Key highlights of the opportunity include:

- Significant 1,102 sqm* total landholding with 22.8 m* of frontage to Albert Street, plus laneway access to surplus land

- Flexible Commercial 1 Zone (C1Z) allowing development outcomes for a range of potential uses, including office, residential, or a clever combination (STCA)

- Potential to develop significant portions at the rear of the site (STCA) with the benefit of preferred height control

- Uninterrupted view of Fitzroy Gardens, within walking distance of the Melbourne CBD and in proximity to Melbourne’s world-renowned sports and entertainment precinct

- Excellent connectivity via Parliament Train Station (500 m*), multiple tram and bus routes along Victoria Parade and Wellington Parade

- Positioned in the heart of a major medical precinct - over 40% of businesses in East Melbourne are dedicated to the health care and social assistance industries^

- East Melbourne’s median house price is $3,600,000^^ – the second-highest median house price in Melbourne, and home to some of Melbourne’s most luxurious residential developments

- Surrounded by several successful residential development projects by highly renowned developers, including Mirvac, Orchard Piper, and Pask

402 - 406 Albert Street, East Melbourne is offered for sale via Expressions of Interest closing Thursday 28th August 2025 at 2pm (AEST). To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White

0422 764 137

Dylan Kilner

0459 396 341

Max Warren

0488 296 892

Chao Zhang 张超

0411 625 068

如需任何中文咨询,请联系我们亚洲业务团队的Chao Zhang 张超,联系电话:0411 625 068,并可随时加他的微信(微信号:chaozeee)。

*Approximately

^ City of Melbourne

^^ REIV

Property Code: 1372

Remember to mention you found this property on DevelopmentReady

Read More

Property Location of 402-406 Albert Street, East Melbourne, VIC 3002

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