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Island Site, 51-65 Buckhurst Street South Melbourne, VIC 3205
South Melbourne
RARE SOUTH MELBOURNE ISLAND SITE WITH DEVELOPMENT POTENTIAL
Lemon Baxter in conjunction with Kypa Property are delighted to offer 51-65 Buckhurst Street, South Melbourne for Private Sale.
51-65 Buckhurst Street represents a unique land bank opportunity with strong passing income from two separate buildings with 5 separate tenancies.
Situated within the Capital City Zone under the City of Port Phillip, the development potential for this site is now extensive with the new maximum height for this property is 12 stories (STCA) based on the newly released gazetted framework recently released by the Victorian Government.
The improvements consist of Two (2) modern commercial buildings:
• 51-57 Buckhurst Street is occupied by two commercial occupants.
• 59-65 Buckhurst Street is occupied by three commercial occupants.
This location provides direct access to Citylink, Westgate Freeway and the Melbourne CBD via Montague Street. There is a tram service within a very short walk along with the Bay Street Retail precinct and South Melbourne Market also within walking distance.
For further information, please contact:
Lemon Baxter:
Richard Hutton - 0418 531 772
Will McMullin - 0403 557 259
Kypa Property:
George Kypriotis- 0412 560 810
Remember to mention you found this property on DevelopmentReady
RARE SOUTH MELBOURNE ISLAND SITE WITH DEVELOPMENT POTENTIAL
Lemon Baxter in conjunction with Kypa Property are delighted to offer 51-65 Buckhurst Street, South Melbourne for Private Sale.
51-65 Buckhurst Street represents a unique land bank opportunity with strong passing income from two separate buildings with 5 separate tenancies.
Situated within the Capital City Zone under the City of Port Phillip, the development potential for this site is now extensive with the new maximum height for this property is 12 stories (STCA) based on the newly released gazetted framework recently released by the Victorian Government.
The improvements consist of Two (2) modern commercial buildings:
• 51-57 Buckhurst Street is occupied by two commercial occupants.
• 59-65 Buckhurst Street is occupied by three commercial occupants.
This location provides direct access to Citylink, Westgate Freeway and the Melbourne CBD via Montague Street. There is a tram service within a very short walk along with the Bay Street Retail precinct and South Melbourne Market also within walking distance.
For further information, please contact:
Lemon Baxter:
Richard Hutton - 0418 531 772
Will McMullin - 0403 557 259
Kypa Property:
George Kypriotis- 0412 560 810
Remember to mention you found this property on DevelopmentReady
Island Site, 51-65 Buckhurst Street South Melbourne, VIC 3205
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
