Conjunctional agents Knight Frank and Colliers are delighted to offer 77-81 and 83-87 Mark Street, North Melbourne.
This truly unique large scale mixed used zoned property is ideally positioned in the immediate Melbourne City Fringe suburb of North Melbourne, which has undergone a transformation from its industrial roots to become a chic inner-city haven for many businesses and residence.
The key attributes of the property include:
• An enormous North Melbourne landholding of 5,735 sqm (approx.) with a building area of 5,198 sqm (approx.)
• Two (2) independent buildings that are side-by-side in excellent condition with a large and expansive Mark Street frontage of over 85 metres (approx.)
• Short-term holding income from major logistics group Toll Transport with an estimated fully leased income of $600,000 per annum (approx.)
• Flexible and highly desirable Mixed-Use Zoning (MUZ) and part of the Macaulay Urban Renewal Structure Plan
• Attractive allowable height for new developments
• Prime inner-city location providing a highly compelling for alternate development outcomes such as Build to Rent and Co-Living
• Within walking distance to public transport hubs including the under-construction Melbourne Metro Station of Arden
• Ease of access to major road arterials
• Well positioned for owner occupiers, investors, and developers (STCA)
For further information or to arrange an inspection please contact one of the exclusive selling agents.
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