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69-75 Racecourse Road, North Melbourne, VIC 3051
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Property Highlights

Rare Permit in High Amenity Location
  • Permit Approved For 92 Apartments
  • Immediate Access To High Value Amenity
  • City Fringe Location

Stonebridge Property Group is pleased to present for sale a permit approved development opportunity at 69-75 Racecourse Road, North Melbourne.

For Sale - $7,250,000.

Situated on a landholding 1,041 sqm* with dual street frontage, this Commercial 1 Zone development site is permit approved for a 12-level residential development. Designed by Bayley Ward Architects, this permit features 92 well-designed apartments, with an NSA of 5,746 sqm*.

This offering is in close proximity to outstanding public transport amenity with Flemington Bridge Train Station only 120m* away and a tram line along Racecourse Road. The property is also walking distance to Racecourse Road retail village, providing a wide range of cafes, restaurants and supermarkets, with Royal Park only 300m* away.

Major employment hubs close by including the Royal Children’s Hospital (900m*), along with the University of Melbourne and the Royal Melbourne Hospital also only a short distance.

The property is located on the fringe of the Arden-Macaulay development precinct. First proposed in 2012, Arden-Macaulay is predicted by 2040 to accommodate job growth of 22,500 and residential growth of 20,500 people (source: Arden-Macaulay Structure Plan 20120).

Key highlights of the property include:

- Total land area of 1,041 sqm*

- Permit approved development opportunity

- Highly sought-after suburb

*Approximate

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White

0422 764 137

Chao Zhang 张超

0411 625 068

Property Code: 340

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

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