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Development/Land For Sale found in NORTH MELBOURNE, VIC 3051


Development/Land (Residential)

Conveniently located potential development site within 100 metres to Macaulay Train Station, is very close to the retail precinct and the Bolte Bridge on & off ramps.
Great development potential with imminent rezoning to "Commercial 1 zone" under the amendment C190 which allows preferred development height of 20-30 metres (7-10 levels approximately).
Over 17 metre frontage to Macaulay Road rectangular in shape
Vacant Possession
Two (2) kilometres from the CBD and close proximity to Melbourne University, Melbourne Hospital Precinct, Victoria Market and some of Melbourne's Inner City recreational areas.
Please note that there is a fire damaged building on site that has been cleared of debris but would need to be demolished.

For more information please do not hesitate to contact CVA today.

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Price: Contact Agent    Land: 860m²    Occupancy: Vacant

Properties located in the surrounding suburbs



Colliers International is pleased to offer for sale 601- 603 Elizabeth Street, Melbourne with the following key attributes:
- Prime double storey freestanding freehold located on one of Melbourne’s busiest thoroughfares
- Situated in an incredibly tightly-held CBD pocket, in the heart of the Education Precinct
- Exceptional dual street frontage totalling approximately 20m*
- Onsite underground carparking
- Surrounded by Melbourne’s leading education institutions RMIT University and the prestigious University of Melbourne. Lifestyle amenities including the historical Queen Victoria Market, Flagstaff Gardens and State Library of Victoria
- Conveniently serviced by public transport including Elizabeth and Victoria Street tram routes and Melbourne Central Train Station
- Flexible Capital City Zoning (CCZ5)
- Ideal for future residential, student accommodation, serviced apartments or hotel development (STCA)
- A rare opportunity to purchase a tightly held freehold in Melbourne’s fastest growing pocket, directly benefiting from the Queen Victoria Market renewal, Peter Mac Cancer Centre, and Melbourne’s premier universities
value For Sale by International Expressions of Interest (EOI) closing on Tuesday 8th August at 12.00pm. To arrange an inspection or for more information, please contact Colliers International Melbourne City Sales team as the exclusive selling agents. Oliver Hay +61 419 528 540 Daniel Wolman +61 412 957 839 David Sia +61 430 111 223 This property is proudly marketed by the Melbourne City Sales team (MCS)

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Price Contact Agent
Land 202m²
Occupancy Vacant
Property ID 267299


Development/Land (Residential)

This unique development site offers unrivalled attributes in one of Melbourne’s most highly sought after locations.
- Total Land Area: 5,084 sqm (approx)
- Mixed Use Zoning enabling high density residential development (STCA)
- Picturesque River Frontage
- 29 metre (approx) frontage to Hobsons Rd
- Existing cashflow from two tenancies
- Minutes to CBD

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Price: Contact Agent    Building: 4000m²    Land: 5084m²    Occupancy: Vacant


Suburb Summary - North Melbourne, VIC 3051

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $4011 $363 9.05%
Retail $247
Industrial $366
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.

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