384-388 Albert Street, East Melbourne VIC 3002

***SOLD***

·        One of East Melbourne’s most prominent corner sites, at the intersection of Albert Street and Lansdowne Street

·        Elegant double-storey Victorian building comprising 885 sqm* of building area with additional surplus land of 199 sqm* used as a rear carpark

·        Occupying a significant 892 sqm* landholding with three street frontages totalling over 68 m*

·        Securely leased to a longstanding medical research organisation

·        Uninterrupted views over Fitzroy Gardens, St Patrick’s Cathedral and the “Paris End” of the CBD

·        Outstanding medium-to-long term repositioning opportunity

·        Flexible Commercial 1 Zoning allowing for medical, office, hotel and premium residential uses (STCA)

·        First time offered to the market in over 25 years

·        Surrounded by an abundance of Melbourne’s best parklands, close to the MCG, as well as significant retail and hospitality amenity

·        Benefitting from proximity to Parliament Station (475 m*), multiple tram and bus routes along Victoria Parade and walking distance to the CBD

Michael Godfrey | +61 437 440 245

James Thorpe | +61 414 510 071

Tom Foley | +61 401 318 706

Steve Kelly | +61 407 320 377

Josh Rutman | +61 411 27 37 46

*approx.

·        Unparalleled location overlooking Fitzroy Gardens

·        Prominent corner landholding of 892 sqm* with on-site car parking at rear

·        Securely leased to longstanding medical research organisation

Remember to mention you found this property on DevelopmentReady