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55-61 Barry Street, Carlton, VIC 3053

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55-61 Barry Street, Carlton, VIC 3053

Carlton

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55-61 Barry Street, Carlton, VIC 3053

55-61 Barry Street, Carlton, VIC 3053

Properties / Sold / Victoria / Carlton
Development Potential
Property Type
Commercial, Residential, Mixed Use
Sub Type
Office, Land Site
Land Area
min - 370, max - 370 m² (*approx)
Zoning
CCZ5
LGA
Melbourne City
Selling Method
EOI: Closing 25th October
EOI Closing Date
25 Oct 2024 04:00PM
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A premier city fringe investment opportunity

We are pleased to present a prime investment opportunity in the heart of vibrant Carlton. Offering approximately 500sqm of space plus on-site parking, this two-story corner office building is a rare chance to acquire a high-quality asset in one of Melbourne’s most sought-after city fringe precincts.

Leased to RedR Australia Limited to November 2025, no option. Site is currently land tax exempt.

It represents diverse scope for a buyer to lease the property and reap strong rental returns, occupy as office headquarters or redevelop (STCA) to capitalise on the area’s exceptional growth and strong demand for high-end premises. A coveted CCZ5 zoning allows for a mix of commercial and residential applications, with a focus on education, research and medical to complement the surrounding enterprises.

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Development Potential

55-61 Barry Street Development Site Summary

Property Type
Commercial, Residential, Mixed Use
Sub-type
Office, Land Site
Land Area
min - 370, max - 370 m² (*approx)
Melbourne City
Selling method
EOI: Closing 25th October
EOI Closing Date
25 Oct 2024 04:00PM

Development Site Highlights

A premier city fringe investment opportunity

We are pleased to present a prime investment opportunity in the heart of vibrant Carlton. Offering approximately 500sqm of space plus on-site parking, this two-story corner office building is a rare chance to acquire a high-quality asset in one of Melbourne’s most sought-after city fringe precincts.

Leased to RedR Australia Limited to November 2025, no option. Site is currently land tax exempt.

It represents diverse scope for a buyer to lease the property and reap strong rental returns, occupy as office headquarters or redevelop (STCA) to capitalise on the area’s exceptional growth and strong demand for high-end premises. A coveted CCZ5 zoning allows for a mix of commercial and residential applications, with a focus on education, research and medical to complement the surrounding enterprises.

Read More
Development Potential

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55-61 Barry Street, Carlton, VIC 3053

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Property Location of 55-61 Barry Street, Carlton, VIC 3053

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Due Diligence

Developments and amenities within a 5km radius of this Commercial opportunity at 55-61 Barry Street, Carlton, VIC 3053.

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55-61 Barry Street, Carlton, VIC 3053 Carlton