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SOLD

5-9 Provost Street, North Melbourne, VIC 3051

Properties / Sold / Victoria / North Melbourne

Development Potential

1. Property Summary

Property Type

Residential

Sub Type

Townhouse Sites, Land Site

Land Area

504 m² (*approx)

Zoning

Mixed Use Zone

Selling Method

Expressions of Interest: Closing Thursday 15th June at 2:00pm (AEST)

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2. Property Highlights

RECEIVER AND MANAGER SALE - PERMIT APPROVED CBD FRINGE TOWNHOUSE SITE

Planning Permit for Eight (8) Townhouses
Highly Popular Arden Precinct
450m* To New Arden Train Station

Under instructions from Newpoint Advisory as Receiver and Manager, CBRE Melbourne Metropolitan Sales is pleased to present a permit approved townhouse site within the highly renowned City Fringe suburb of North Melbourne.

This opportunity can be summarised by the following key attributes:

+ 504sqm* Mixed-Use Zone corner landholding with three (3) frontages

+ Existing planning permit & endorsed plans for eight (8) townhouses

+ Development ready with full suite of consultant’s documentation available

+ Strong median house price of $1,300,000* (REIV)

+ Walking distance to Victoria Street retail precinct and Queen Victoria Market (800m*).

+ 450m* To the New Arden Train Station (under construction), Immediate Tram Access along Queensberry Street, with road arterials including Flemington Road, Boundary Road and CityLink.

+ Melbourne University (1km*), North Melbourne Primary School (800m*), Royal Melbourne Institute of Technology (RMIT) (1.6km*) and University High School (800m*).

+ Walking distance to The Royal Melbourne Hospital (800m*) & The Royal Children's Hospital (850m*)

*Denotes approx.

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale

+61 421 224 354

nathan.mufale@cbre.com.au

David Minty

+61 422 564 199

david.minty@cbre.com.au

CBRE Asian Services Desk:

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)

+61 411 059 116 (手机)

jj.heng@cbre.com (电子邮件)

jheng1206 (微信)

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