68-102 Alfred Street, NORTH MELBOURNE, VIC 3051


EXTRAORDINARY CITY-FRINGE LANDHOLDING WITH INCOME

For Sale by Expressions of Interest Closing Wednesday 5 December 2018 at 2pm

Savills is delighted to offer for sale this enormous landholding, providing an outstanding investment/land bank opportunity, with unprecedented future development potential.

Key features of this outstanding opportunity include:

  • Enormous landholding of 6,677sq m*
  • 105m* frontage to Alfred Street
  • Flexible Mixed Use Zone
  • Significant height potential of up to 12 levels with prospective Melbourne CBD views
  • Development scheme prepared by renowned ‘Hayball Architects’
  • High quality existing building returning $322,788 per annum net*
  • Huge rental upside potential
  • Situated just moments from Flemington Road/Racecourse Road trams and Flemington Bridge Train Station
  • Within walking distance to Royal Park, Melbourne University and Melbourne’s medical precinct
  • Situated just 2.5km* from Melbourne’s CBD and Queen Victoria Market, with direct tram access along Flemington Road

This is an incredibly rare opportunity to acquire such a significant landholding, ideally positioned in North Melbourne and central to Royal Park, Melbourne’s medical precinct and Melbourne University, all accessible via Flemington Road trams.

68-102 Alfred Street, North Melbourne is For Sale by Expressions of Interest closing Wednesday 5 December 2018 at 2pm

Clinton Baxter - 0413 569 888
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888

*Approx.

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