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Island Site, 51-65 Buckhurst Street South Melbourne, VIC 3205

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Island Site, 51-65 Buckhurst Street South Melbourne, VIC 3205

Island Site, 51-65 Buckhurst Street South Melbourne, VIC 3205

Properties / Sold / Victoria / South Melbourne
Development Potential

1. Property Summary

Property Type
Commercial, Mixed Use
Land Area
753 m² (*approx)
Selling Method
POA:
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2. Property Highlights

RARE SOUTH MELBOURNE ISLAND SITE WITH DEVELOPMENT POTENTIAL

  • Land area 753 sq m
  • Building area 876 sq m
  • Capital City 1 Zone

Lemon Baxter in conjunction with Kypa Property are delighted to offer 51-65 Buckhurst Street, South Melbourne for Private Sale.

51-65 Buckhurst Street represents a unique land bank opportunity with strong passing income from two separate buildings with 5 separate tenancies.

Situated within the Capital City Zone under the City of Port Phillip, the development potential for this site is now extensive with the new maximum height for this property is 12 stories (STCA) based on the newly released gazetted framework recently released by the Victorian Government.

The improvements consist of Two (2) modern commercial buildings:
• 51-57 Buckhurst Street is occupied by two commercial occupants.
• 59-65 Buckhurst Street is occupied by three commercial occupants.

This location provides direct access to Citylink, Westgate Freeway and the Melbourne CBD via Montague Street. There is a tram service within a very short walk along with the Bay Street Retail precinct and South Melbourne Market also within walking distance.

For further information, please contact:

Lemon Baxter:
Richard Hutton - 0418 531 772
Will McMullin - 0403 557 259

Kypa Property:
George Kypriotis- 0412 560 810

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial, Mixed Use
Land Area
753 m² (*approx)
Selling method
POA:

2. Property Highlights

RARE SOUTH MELBOURNE ISLAND SITE WITH DEVELOPMENT POTENTIAL

  • Land area 753 sq m
  • Building area 876 sq m
  • Capital City 1 Zone

Lemon Baxter in conjunction with Kypa Property are delighted to offer 51-65 Buckhurst Street, South Melbourne for Private Sale.

51-65 Buckhurst Street represents a unique land bank opportunity with strong passing income from two separate buildings with 5 separate tenancies.

Situated within the Capital City Zone under the City of Port Phillip, the development potential for this site is now extensive with the new maximum height for this property is 12 stories (STCA) based on the newly released gazetted framework recently released by the Victorian Government.

The improvements consist of Two (2) modern commercial buildings:
• 51-57 Buckhurst Street is occupied by two commercial occupants.
• 59-65 Buckhurst Street is occupied by three commercial occupants.

This location provides direct access to Citylink, Westgate Freeway and the Melbourne CBD via Montague Street. There is a tram service within a very short walk along with the Bay Street Retail precinct and South Melbourne Market also within walking distance.

For further information, please contact:

Lemon Baxter:
Richard Hutton - 0418 531 772
Will McMullin - 0403 557 259

Kypa Property:
George Kypriotis- 0412 560 810

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
George Kypriotis
George Kypriotis
+61 *** *** *** show +61 412 560 810

Download Development Site Report
George Kypriotis
George Kypriotis
+61 *** *** *** show +61 412 560 810

3. Property Location

Island Site, 51-65 Buckhurst Street South Melbourne, VIC 3205

Property Map
Street View
Island Site, 51-65 Buckhurst Street South Melbourne, VIC 3205 South Melbourne
KYPA Property
KYPA Property
33 Armstrong Street Middle Park 3206
George Kypriotis
George Kypriotis
+61 *** *** *** show +61 412 560 810
Lemon Baxter
Lemon Baxter
Level 1 68 Clarke Street South Melbourne 3205.