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77-87 Mark Street, North Melbourne, VIC 3051

2. Property Highlights

Prime City-Fringe Opportunity Suiting All Purchasing Profiles
  • Huge development potential (STCA)
  • Ideal and flexible Mixed-Use Zone
  • Short-term holding income – 100% leased

Colliers are delighted to offer 77-87 Mark Street, North Melbourne For Sale by International Expression of Interest closing Wednesday 14th June 2023 at 2pm (AEST).

This truly unique, large scale mixed used zoned property is ideally positioned in the immediate Melbourne City Fringe suburb of North Melbourne. The immediate area is undergoing a transformation from its industrial roots to become a chic inner-city haven for many businesses and residents.

The key attributes of the property include:

• An enormous North Melbourne landholding of 5,735m2 (approx.) with a building area of 5,197m2 (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.);

• Rear access provided via Macaulay Road;

• Short-term holding income – 100% leased;

• Flexible and highly desirable Mixed-Use Zoning (MUZ) and part of the Macaulay Urban Renewal Structure Plan;

• Attractive allowable height for new developments;

• Kennon Architects scheme for a mixed use project (STCA);

• 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;

• Immediate access to the Macaulay Train Station that is on the Upfield Line;

• Ease of access to major road arterials;

• Well positioned for owner occupiers, investors, and developers (STCA);

For Sale by International Expression of Interest closing Wednesday 14th June 2023 at 2pm (AEST).

For further information or to arrange an inspection please contact the exclusive selling agents.

Colliers

Andrew Ryan +61 408 543 527

Jozef Dickson +61 402 678 888

Stephen Ryan +61 438 237 608

Remember to mention you found this property on DevelopmentReady

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3. Property Location

77-87 Mark Street, North Melbourne, VIC 3051