Name: 487-489 King Street, WEST MELBOURNE, VIC 3003
Address: 487-489 King Street , VIC, West Melbourne, VIC, 3003
Telephone: +61 412 995 655

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SOLD

487-489 King Street, WEST MELBOURNE, VIC 3003

Properties / Sold / Victoria / West Melbourne

Development Potential

1. Property Summary

Property Type

Commercial, Mixed Use

Land Area

404 m² (*approx)

Selling Method

EOI: EOI Closed - Offers Under Review

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2. Property Highlights

Prime City Fringe Office Building

Savills is delighted to offer for sale this prime city-fringe office freehold at 487-489 King Street, West Melbourne. This boutique building has been meticulously maintained and refurbished over time presenting extremely well throughout, and is ideally positioned within Melbourne’s tightly held city-fringe.

The key attributes of this outstanding asset include:

- A high profile 2-level office building in excellent condition

- Total Building Area of 776sq m*

- Basement parking for at least 10 cars

- Valuable landholding of 404sq m* with rear access

- Mixed Use Zone (future height potential of at least 8 levels – STCA)

- High quality office space with fantastic natural light

- Extended settlement terms with vacant possession

- A superb location just 500m* from the CBD and a short walk from Flagstaff Gardens, Queen Victoria Market, and new ‘West End’ retail precinct

- The perfect, boutique city-fringe freehold to occupy, invest or develop!

*Approx.

The opportunity to secure such a high calibre CBD fringe office building of this nature is extremely rare, especially when you consider the prime location, exceptional future growth potential and unprecedented future development potential. Accordingly we encourage prospective purchasers to actively consider this excellent opportunity.

For Private Sale

Savills Agents:

Jesse Radisich: 0402 085 702

Nick Peden: 0402 011 266

Clinton Baxter: 0413 569 888

Benson Zhou: 0458 488 888

Transaction Advisor: Charter Keck Cramer

Remember to mention you found this property on DevelopmentReady

Property Type

Commercial, Mixed Use

Land Area

404 m² (*approx)

Selling method

EOI: EOI Closed - Offers Under Review

2. Property Highlights

Prime City Fringe Office Building

The key attributes of this outstanding asset include:

- A high profile 2-level office building in excellent condition

- Total Building Area of 776sq m*

- Basement parking for at least 10 cars

- Valuable landholding of 404sq m* with rear access

- Mixed Use Zone (future height potential of at least 8 levels – STCA)

- High quality office space with fantastic natural light

- Extended settlement terms with vacant possession

- A superb location just 500m* from the CBD and a short walk from Flagstaff Gardens, Queen Victoria Market, and new ‘West End’ retail precinct

- The perfect, boutique city-fringe freehold to occupy, invest or develop!

*Approx.

For Private Sale

Savills Agents:

Jesse Radisich: 0402 085 702

Nick Peden: 0402 011 266

Clinton Baxter: 0413 569 888

Benson Zhou: 0458 488 888

Transaction Advisor: Charter Keck Cramer

Remember to mention you found this property on DevelopmentReady

487-489 King Street, WEST MELBOURNE, VIC 3003 West Melbourne

Savills - VIC

Level 29, South Tower, 80 Collins Street, Melbourne, VIC, 3000

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Julian Heatherich

+61 *** *** *** show +61 412 995 655

Benson Zhou

+61 *** *** *** show +61 458 488 888

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Residential

Commercial

Child/Healthcare

Industrial

Agriculture/Rural

Mixed Use

487-489 King Street, WEST MELBOURNE, VIC 3003