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Development/Land For Sale found in SOUTH MELBOURNE, VIC 3205

SOUTH MELBOURNE DEVELOPMENT SITE WITH INCOME

Development/Land (Residential) | Offices

An excellent opportunity to buy into this evolving pocket of South Melbourne. This site is ideally located within a 2 minute walk from the new vertical school currently being developed in Ferrars Street as well as the planned new parkland opposite the school. Two light tram rails are also within a 3-5 minute walk. Other features of this opportunity are;
- Zoned Capital City 1

- Site area of 909 sqm (approx)

- Property can be sold with 1 + 1 year option of $195,600 per annum net.

- The current improvements are a modern two storey converted warehouse into studio and officespace with 10 carspaces. For future re-leasing should a buyer be looking to Landbank, this property would be very well received by the tenant market.

For Private Sale.

For more information, please contact the agent.

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Price: Contact Agent    Land: 908m²    Occupancy: Vacant

Properties located in the surrounding suburbs

ENORMOUS CITY FRINGE CORNER SITE WITH PL...

Development/Land

Savills is delighted to offer for sale 127-129 Kavanagh Street and 63-83 Kings Way, Southbank.
This property represents a rare and significant opportunity to acquire a major Melbourne development site with an approved permit for two landmark mixed-use towers within Melbourne's most highly sought after lifestyle location.
The key attributes of the property include:
- A substantial, corner landholding of 3,040sq m*
- An approved permit in place for a landmark mixed-use project comprising 780 apartments plus retail
- Capital City Zone
- A first class location within the premium Crown Casino precinct, close to the CBD and popular South Melbourne shopping precinct
- Potential for expansive, uninterrupted views to the south towards Port Phillip Bay and Albert Park Lake
- Situated in Melbourne's most successful high-rise precinct, adjacent to the hugely successful 'Marco' project (a sell-out success)
- Just 300m* from Melbourne's globally renowned Crown Casino precinct, offering an abundance of retail, lifestyle and entertainment options
- Strong ongoing confidence in the precinct, with the recent launch of nearby $1.5bn 'Melbourne Square' project, which will include extensive retail and lifestyle amenity
- An outstanding opportunity to redefine Melbourne's constantly evolving skyline and capitalise on unprecedented Melbourne population growth!
Permit approved sites within Melbourne and Southbank have never been more valuable, especially given the further restrictions on development height and density within the precinct. This prime development site represents one of the last major permit approved development opportunities within the prized Crown Casino precinct in Southbank. Accordingly, we encourage your serious consideration of this premium opportunity.
127-129 Kavanagh Street and 63-83 Kings Way, Southbank is for Immediate Private Sale.
For further information, please contact:
Clinton Baxter - 0413 569 888
Nick Peden - 0402 011 266
Jesse Radisich - 0402 085 702

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Price: Immediate Private Sale    Land: 3040m²    Occupancy: Vacant

2 TITLES, 2 STREETS, 2 TENANCIES, MULTIPLE OPTIONS! FOR PRIV...

Development/Land

This superbly located Bay Street retail shop plus a separate dwelling/office fronting Heath Street offers a multitude of options to invest, live and invest or develop (sta) whilst receiving great cash flow during planning.
Zoned commercial 1 yet facing pretty residential properties in Heath Street, this offers a rare opportunity to combine multiple uses and plan for future upside.
NOTE - PRIVATE SALE.

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Price: Price on Application    Land: 266m²    Occupancy: Vacant

DEVELOP.OCCUPY.INVEST

Development/Land | Industrial | Retail

*WAREHOUSE WITH OFFICE AND APARTMENT
*two street frontages
*10.06 m frontage
* Excellent security with alarm and cameras installed
* Secure loading bay
* Drive in drive out via remote control roller doors
* 3 air conditioned offices
* Separate kitchen
* Upstairs large apartment with separate entry
* Handstand concrete floor
Contact Martin Smyth 0411 744 000, martin@rosinsmyth.com.au for inspection.

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Price: Contact Agent    Building: 448m²    Land: 374m²    Occupancy: Vacant


FOR SALE - ONE OF THE LAST BIG SOUTHBANK SITES!!

Investment | Development/Land (Residential, Hotel/Leisure, Retail, Offices) | Retail

Conquest Dowling's are privileged to offer a unique and high profile development opportunity within a supremely desirable lifestyle precinct, located behind the Crown Entertainment Complex.
A snapshot of the key features of this offering are:

  • Combination of 3 adjoining sites equating to 1431 sqm*
  • 2 Street frontages with 30 meter* frontage to City Road
  • The site is positioned within the Capital City Zoning
  • Existing leases with strong income stream
  • Located on the edge of the Melbourne CBD
  • To be sold with a proposed development scheme for 527 apartments over 61 levels (STCA) produced by renowned architects RotheLowman

This opportunity offers buyers the chance to secure one of the last remaining Southbank sites over 1000 sqm. With this in mind, Conquest Dowling's recommends that this opportunity not be missed if buyers are looking to make a statement in this ideal high-density residential apartment precinct.
268-274 City Road, Southbank will be sold by Expression of Interest closing 14th April 2015 at 3pm.
For more information, please contact:
Luke Conquest 0432 328 668

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Price: Contact Agent    Rent: $360,000 p.a.    Land: 1431m²

PRIME CORNER POSITION

Offices | Industrial | Development/Land

Prime corner position surrounded by quality neighbours.
Prime corner office / showroom / warehouse.
Occupy - As your business grows, extend as you may need (STCA).
Develop - Think of the possibilities of going up in this ever developing and popular precinct.
Invest - Rent out with an eye on the future.
18+ on-site carparks
Conjunctional agents -
Simon Reagan (Dixon Kestles) - 0412059900
Nick Bade (Lemon Baxter) - 0425781892

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Price/Rent: Sale:$2,350,000;Lease:$146,500 per annum    Building: 651m²    Land: 825.5m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - South Melbourne, VIC 3205

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

Price (m²) Rent (m²) Yield
Offices $6016 $542 9.01%
Retail $7389 $485 6.56%
Industrial $206
* 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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