Commercial, Residential

63 Exhibition Street, Melbourne, VIC 3000

  • Overview
  • Details
  • Agent
  • Map

Overview

  • EOI:
    EOI:
    Closing Thursday 18 March 2021
  • Property Area
    Area:
    894 m2 (*approx)
  • Property Type
    Type:
    Commercial, Residential, Apartment Sites, Hotel Sites
  • Development Approved
    Development Approved:
    52 level luxury hotel and residential tower with 225 keys and 42 apartments

Property Details

A CITY DEFINING OPPORTUNITY IN MELBOURNE'S EASTERN CORE
  • An ideally proportioned office building
  • Unrepeatable mixed development approval
  • Highly enviable 'Paris End' location

Famous cities are defined by remarkable buildings. Melbourne is no different.

EAST SIXTY THREE is a city defining opportunity in Melbourne’s Eastern Core with a never to be repeated development approval.

JLL is pleased to present the sale of 63 Exhibition Street, Melbourne by International Expressions of Interest, closing Thursday 18 March 2021.

Location

• Globally recognised city and investment destination

• Located in Melbourne’s most prestigious and tightly held Eastern Core precinct “The Paris End”

• Australia’s most renown amenities and tourism infrastructure

Development

• Never to be repeated permit approval for a 52 level luxury hotel and residential tower with 225 keys and 42 apartments

• International benchmark luxury hotel (with management flexibility) and branded residences opportunity

• Flexible Capital City Zone zoning allowing a multitude of alternative uses (subject to planning approval)

Existing Building

• Existing 14 level retail and office building of 6,132 sqm NLA

• One of only four buildings between 5,000 to 20,000 sqm remaining in the entire Precinct

• Significant value-add and positive rental reversion potential

All figures are approximate and subject to change

Exclusively offered by JLL

Josh Rutman | 0411 27 37 46

Peter Harper | 0412 560 246

Piers Jalland | 0400 012 891

MingXuan Li 李名轩 | 0498 688 998

• Permit approved for a world-class luxury hotel and residential development

• Existing 14 level retail and office building with value-add potential

• Located in Melbourne CBD’s most tightly held precinct – the Eastern Core

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

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