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SOLD

560 Church Street, Cremorne, VIC, 3121

Properties / Sold / Victoria / Cremorne

Development Potential

1. Property Summary

Property Type

Commercial, Mixed Use

Land Area

9,715 sqm (*approx)

Selling Method

For Sale: Contact Agent

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2. Property Highlights

Cremorne's Trophy

Land bank or Develop (STCA)
Iconic Site in Premium Location
Substantial Improvements with Income

Dawkins Occhiuto is delighted to exclusively present this once-in-a-lifetime opportunity to purchase 560 Church Street, Cremorne.

Steeped in history with an even brighter future, the property offers an unprecedented opportunity to enter the Cremorne market at scale and create something special in a unique and coveted part of Melbourne.

Originally part of the Bryant & May Factory, the property is a large city fringe landholding with substantial existing improvements. 560 Church Street occupies a central Cremorne position 3km* southeast of Melbourne’s CBD. Currently home to quality tenants including Nick Scali and Fitness First, the property offers substantial income and the flexibility to land bank an iconic island site.

Key features include:

Landmark island site of 9,715 sqm* in premium Cremorne location
Substantial existing improvements (7,634 sqm*) providing a range of outstanding tenancy areas
Favourable Commercial 2 zoning capable of landmark staged development (STCA)
Quality neighbours such as Red Energy, REA Group, Domain, NDIS, Seek, Carsales, to name a few
Unique opportunity to buy large scale blue chip real estate in Melbourne’s most sought after city fringe precinct
Estimated fully leased income of $2.45m p.a.*
Major tenants Fitness First and Nick Scali

*approx.

560 Church Street is offered exclusively through Dawkins Occhiuto. We highly recommend your consideration of this unique offer.

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