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SOLD
77-83 Sutton Street, North Melbourne, VIC, 3051
Development Potential
DETAILS

BANK YOUR SECTION OF NORTH MELBOURNE

EOI CLOSED

  • UP TO 12 LEVEL HEIGHT POTENTIAL (STPA)
  • LARGE 3,439SQM* LAND
  • SOLID INCOME FROM WAREHOUSE

CBRE City Sales & Development Sites are delighted to present for sale, 77-83 Sutton Street, North Melbourne.
  
Key attributes of this property include:
 
+ A 3,400sqm* highly functional warehouse generating $152,982pa* of passing income 
 
+ Located within the highly sought after Arden-Macaulay urban renewal precinct which is set to become a major new commercial and residential hub. Projected to accommodate more than 34,000 jobs and 20,500 residents by 2040 with a new North Melbourne train station opening by 2025
 
+ Ideal to land bank or develop with heigh potential of up to 12 levels (STPA) offering stunning Melbourne CBD views
 
+ Walking distance to Arden Gardens Shopping Centre (650m*), Macaulay Train Station (100m*) & Flemington Road Tram (470m*)

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 8TH AUGUST 2019 AT 5.00PM (AEST)
 
For information please contact the exclusive sales and marketing agents: 

Julian White
+61 422 764 137

David Minty
+61 422 564 199

Chao Zhang
+61 411 625 068

*approx

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

DEVELOPMENT SITE SUMMARY
EOI Now Closed – Offers Under Assessment:
EOI Now Closed – Offers Under Assessment:
Property Area
AREA:
3439 m² (*approx)
Property Type
TYPE:
Commercial, Office, Office
Development Potential
DEVELOPMENT APPROVAL:
Ideal to land bank or develop with heigh potential of up to 12 levels (STPA)

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77-83 Sutton Street, North Melbourne, VIC, 3051
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