+12 Photos

SOLD

77-83 Sutton Street, North Melbourne, VIC, 3051

Properties / Sold / Victoria / North Melbourne

Development Potential

1. Property Summary

Property Type

Commercial

Land Area

3,439 m² (*approx)

Selling Method

EOI Now Closed – Offers Under Assessment:

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2. Property Highlights

BANK YOUR SECTION OF NORTH MELBOURNE

EOI CLOSED

UP TO 12 LEVEL HEIGHT POTENTIAL (STPA)
LARGE 3,439SQM* LAND
SOLID INCOME FROM WAREHOUSE

CBRE City Sales & Development Sites are delighted to present for sale, 77-83 Sutton Street, North Melbourne.

Key attributes of this property include:

+ A 3,400sqm* highly functional warehouse generating $152,982pa* of passing income

+ Located within the highly sought after Arden-Macaulay urban renewal precinct which is set to become a major new commercial and residential hub. Projected to accommodate more than 34,000 jobs and 20,500 residents by 2040 with a new North Melbourne train station opening by 2025

+ Ideal to land bank or develop with heigh potential of up to 12 levels (STPA) offering stunning Melbourne CBD views

+ Walking distance to Arden Gardens Shopping Centre (650m*), Macaulay Train Station (100m*) & Flemington Road Tram (470m*)

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 8TH AUGUST 2019 AT 5.00PM (AEST)

For information please contact the exclusive sales and marketing agents:

Julian White
+61 422 764 137

David Minty
+61 422 564 199

Chao Zhang
+61 411 625 068

*approx

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