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73-75 Peel Street, West Melbourne, VIC 3003

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73-75 Peel Street, West Melbourne, VIC 3003

73-75 Peel Street, West Melbourne, VIC 3003

Properties / Buy / Victoria / West Melbourne
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Office, Retail/Shopping Centre
Land Area
246 m² (*approx)
Selling Method
For Sale: Auction
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2. Property Highlights

Strategic Freehold On The Edge Of Melbourne’s CBD
  • Opposite Queen Victoria Market
  • Currently Returning $127,308* plus GST
  • Commanding 12.5m* Frontage

Fitzroys is proud to present 73 – 75 Peel Street, West Melbourne For Sale

This expansive and prominent two-level freehold commands a high profile city fringe location and features:

- located opposite Queen Victoria Market and the Munro precinct which incorporates “Gurrows Place” a commercial, residential and community hub being developed by Lendlease which upon completion will further transform the precinct.

- Impressive character filled building of 306sqm* boasting high pitched ceilings, polished concrete floors throughout, excellent natural light and benefiting from two fully self-contained floor plates with separate access

- Currently returning $127,308* plus GST

- Rare city fringe holding with strong investment growth prospects and potential for future occupation and or value add prospects (STCA)

- Attractive “Mixed-Use” zone with 14m height potential (STPA)

- Serviced by outstanding amenities with all the Melbourne CBD has to offer including Melbourne Central & Flagstaff stations, extensive tram network, world class education and medical precinct, Elizabeth St and Errol Street retail and lifestyle precinct together with Flagstaff gardens

- Excellent connectivity to major linkages Elizabeth, Victoria, Dudley and William Streets

- Remarkable opportunity to acquire a substantial freehold building within Melbourne's booming inner-city ring.

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Commercial
Sub-type
Office, Retail/Shopping Centre
Land Area
246 m² (*approx)
Selling method
For Sale: Auction

2. Property Highlights

Strategic Freehold On The Edge Of Melbourne’s CBD
  • Opposite Queen Victoria Market
  • Currently Returning $127,308* plus GST
  • Commanding 12.5m* Frontage

Fitzroys is proud to present 73 – 75 Peel Street, West Melbourne For Sale

This expansive and prominent two-level freehold commands a high profile city fringe location and features:

- located opposite Queen Victoria Market and the Munro precinct which incorporates “Gurrows Place” a commercial, residential and community hub being developed by Lendlease which upon completion will further transform the precinct.

- Impressive character filled building of 306sqm* boasting high pitched ceilings, polished concrete floors throughout, excellent natural light and benefiting from two fully self-contained floor plates with separate access

- Currently returning $127,308* plus GST

- Rare city fringe holding with strong investment growth prospects and potential for future occupation and or value add prospects (STCA)

- Attractive “Mixed-Use” zone with 14m height potential (STPA)

- Serviced by outstanding amenities with all the Melbourne CBD has to offer including Melbourne Central & Flagstaff stations, extensive tram network, world class education and medical precinct, Elizabeth St and Errol Street retail and lifestyle precinct together with Flagstaff gardens

- Excellent connectivity to major linkages Elizabeth, Victoria, Dudley and William Streets

- Remarkable opportunity to acquire a substantial freehold building within Melbourne's booming inner-city ring.

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More

3. Property Location

73-75 Peel Street, West Melbourne, VIC 3003

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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