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Lemon Baxter is pleased to present 87–89 Flemington Road – a rare freestanding opportunity in the heart of North Melbourne’s biomedical precinct.
Set on 510sqm* with two street frontages, this high-exposure site offers immediate usability with clear future upside. The property features a two-level building in solid condition with secure parking, and is zoned Mixed Use – primed for commercial, medical, residential, or hotel redevelopment (STCA).
Key Highlights:
• Land: 510sqm* with 12.51m frontage to Flemington Road
• Building: Total 506 sqm* across two levels (ground floor: 421 sqm*, level 1: 85 sqm*)
• Two street frontages – Flemington Rd & Little George St
• Mixed Use Zone (MUZ)
• Vacant possession
• Secure onsite parking
• Previous permit for 12-level hotel development
Positioned just 1.4km from the CBD, the site sits at the gateway to Melbourne’s premier health and education hub. Tram stops at the doorstep and the soon-to-open Parkville Station just 350m away provide unbeatable connectivity.
Moments from:
• University of Melbourne & RMIT
• Royal Melbourne, Women’s & Children’s Hospitals
• Queen Victoria Market, Royal Park, and Melbourne Zoo
For Sale via Expressions of Interest closing Wednesday 8 October 2025 at 12:00pm.
For more information or to arrange an inspection, contact the exclusive selling agents.
*Approximate.
Remember to mention you found this property on DevelopmentReady
Lemon Baxter is pleased to present 87–89 Flemington Road – a rare freestanding opportunity in the heart of North Melbourne’s biomedical precinct.
Set on 510sqm* with two street frontages, this high-exposure site offers immediate usability with clear future upside. The property features a two-level building in solid condition with secure parking, and is zoned Mixed Use – primed for commercial, medical, residential, or hotel redevelopment (STCA).
Key Highlights:
• Land: 510sqm* with 12.51m frontage to Flemington Road
• Building: Total 506 sqm* across two levels (ground floor: 421 sqm*, level 1: 85 sqm*)
• Two street frontages – Flemington Rd & Little George St
• Mixed Use Zone (MUZ)
• Vacant possession
• Secure onsite parking
• Previous permit for 12-level hotel development
Positioned just 1.4km from the CBD, the site sits at the gateway to Melbourne’s premier health and education hub. Tram stops at the doorstep and the soon-to-open Parkville Station just 350m away provide unbeatable connectivity.
Moments from:
• University of Melbourne & RMIT
• Royal Melbourne, Women’s & Children’s Hospitals
• Queen Victoria Market, Royal Park, and Melbourne Zoo
For Sale via Expressions of Interest closing Wednesday 8 October 2025 at 12:00pm.
For more information or to arrange an inspection, contact the exclusive selling agents.
*Approximate.
Remember to mention you found this property on DevelopmentReady
