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550 Swanston Street, Carlton, VIC 3053

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550 Swanston Street, Carlton, VIC 3053

Carlton

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550 Swanston Street, Carlton, VIC 3053

550 Swanston Street, Carlton, VIC 3053

Properties / Buy / Victoria / Carlton
Development Potential

1. Property Summary

Property Type
Residential, Commercial, Mixed Use
Sub Type
Apartment Sites, Student Accom Sites, Hotel Sites, Office
Land Area
1,315 m² (*approx)
Zoning
MUZ
Selling Method
EOI: Contact Agent
DOCUMENTS AVAILABLE
EOI Closing Date
30 Apr 2025 03:00PM
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2. Property Highlights

Significant Carlton Development Site With Income
  • 1,315sqm* development site
  • Significant development potential
  • Short-term holding income

Savills is delighted to offer for sale 550 Swanston Street, Carlton on behalf of the Vendor.

The properties’ location within Melbourne’s major education and medical precinct, flexible zoning and surrounding buildings support significant development potential of up to 13 storeys (STCA).

Key attributes of the properties include:

• Prominent 1,840sqm* three (3) level freehold office building with 30 car parking spaces

• Large scale land holding of 1,315sqm* with 20.51m* of high-profile frontage to Swanston Street and rear lane access to Cardigan Street

• Leased to The University of Melbourne returning $880,931 per annum gross plus GST

• Outstanding development potential for a large-scale building up to 13 storeys (STCA)

• Flexible Mixed-Use-Zoning (MUZ) allowing for a range of development outcomes including Student Accommodation, Residential, Build-To-Rent, Hotel and Office (STCA)

• Excellent connectivity with Melbourne Central Train Station only 750m* away, plus convenient access to the new Metro tunnel via the Parkville and State Library Train Stations, plus multiple trams along Swanston Street.

*Approximate

For Sale via Expression of Interest Closing Wednesday 30th April at 3pm

Tim Grant - 0478 666 275

Linc Reynolds - 0457 930 093

Tom O'Halloran - 0438 078 138

Benson Zhou - 0458 488 888

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential

1. Property Summary

Property Type
Residential, Commercial, Mixed Use
Sub-type
Apartment Sites, Student Accom Sites, Hotel Sites, Office
Land Area
1,315 m² (*approx)
MUZ
Selling method
EOI: Contact Agent
DOCUMENTS AVAILABLE
Request Access
EOI Closing Date
30 Apr 2025 03:00PM

2. Property Highlights

Significant Carlton Development Site With Income
  • 1,315sqm* development site
  • Significant development potential
  • Short-term holding income

Savills is delighted to offer for sale 550 Swanston Street, Carlton on behalf of the Vendor.

The properties’ location within Melbourne’s major education and medical precinct, flexible zoning and surrounding buildings support significant development potential of up to 13 storeys (STCA).

Key attributes of the properties include:

• Prominent 1,840sqm* three (3) level freehold office building with 30 car parking spaces

• Large scale land holding of 1,315sqm* with 20.51m* of high-profile frontage to Swanston Street and rear lane access to Cardigan Street

• Leased to The University of Melbourne returning $880,931 per annum gross plus GST

• Outstanding development potential for a large-scale building up to 13 storeys (STCA)

• Flexible Mixed-Use-Zoning (MUZ) allowing for a range of development outcomes including Student Accommodation, Residential, Build-To-Rent, Hotel and Office (STCA)

• Excellent connectivity with Melbourne Central Train Station only 750m* away, plus convenient access to the new Metro tunnel via the Parkville and State Library Train Stations, plus multiple trams along Swanston Street.

*Approximate

For Sale via Expression of Interest Closing Wednesday 30th April at 3pm

Tim Grant - 0478 666 275

Linc Reynolds - 0457 930 093

Tom O'Halloran - 0438 078 138

Benson Zhou - 0458 488 888

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom

4. Property Location

550 Swanston Street, Carlton, VIC 3053

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5. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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