Commercial, Mixed Use

48-50 Villiers Street, North Melbourne VIC 3051

  • Overview
  • Details
  • Agent
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Overview

  • Property ID:
    29613
  • EOI:
    Closing Wednesday 9 th December at 2:00pm.
  • Area:
    353 m2 (*approx)
  • Type:
    Commercial, Mixed Use,
  • Development Approved:
    11-level development (GFA 2,778 sqm*)

Property Details

North Melbourne + Permit = Endless Possibilities
  • Permit approval for 11-level development
  • Proposed management agreement in place
  • Heart of biomedical & education precinct

JLL Capital Markets is proud to present 48-50 Villiers Street, North Melbourne for sale via an international Expressions of Interest process, closing Wednesday 9 th December at 2:00pm.

• To be sold development-ready with permit approval for an 11-level development (GFA 2,778sqm*)

• A proposed management agreement is in place with a leading co-living operator, providing strong and diverse income generation potential

• Highly flexible Mixed-Use Zoning and outstanding existing neighbouring height precedents allows for an array of uses including residential, office, mixed-use or student accommodation (STCA)

• Located within one of Melbourne’s major growth corridors, suburb population is forecast to increase by 120.6% over next 20 years

• On the doorstep of Melbourne’s bio-medical precinct: the recently completed $1 billion Peter MacCallum Cancer Centre, the Royal Women’s Hospital, the Royal Melbourne Hospital and the Royal Children’s Hospital.

• Proximity to Australia’s #1 ranked University, the University of Melbourne (400 m*), as well as RMIT University (1.2 km*) exemplifies the precinct’s reputation for educational excellence

• Situated just 1 km* from Melbourne’s CBD with direct access via Flemington Road trams and just 300 m* from the new Parkville Metro Tunnel Station, ensuring excellent long-term connectivity to greater Melbourne.

*approx

Contact the listing agents below:

JOSH RUTMAN

+61 411 27 37 46

STEVE KELLY

+61 407 320 377

JAMES THORPE

+61 414 510 071

MINGXUAN LI

+61 498 688 998

Remember to mention you found this property on DevelopmentReady.com.au

Agency information

Josh Rutman
Steve Kelly
James Thorpe
MingXuan Li 李名轩
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