Woodgate Tower, 203-205 Normanby Road, Southbank, VIC 3006

Development/Land | Hotel/Leisure

For Sale Contact Agent

  • Property ID: 382504
  • Floor Area: 1222m²
  • Land Area: 1222m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Prime City-Fringe Development Opportunity with an Unrepeatable Approval

Woodgate Tower, 203-205 Normanby Road, Southbank, is proudly being offered for sale by Colliers International via Expressions of Interest (EOI), closing Thursday, 3rd of December 2020.
Woodgate Tower is an unrepeatable approved-development opportunity nestled between the CBD and South Melbourne village earmarked for an impressive and unrepeatable 36-storey residential tower, with outstanding future view lines.
Located on the border of South Melbourne and Southbank, the property typifies city fringe living. Walking distance to the CBD, South Melbourne Market, parklands, Albert Park Village, Bay Street Port Melbourne and Port Melbourne Beach; the property commands a prominent position within the strategic Montague Precinct.
Highlights:
• Development site of 1,222m2 with existing income
• Permit approved for a 36 level residential apartment building with associated retail and commercial, totalling 17,025 sqm* of NSA
• Designed by renowned Hayball architects
• Approval is well in excess of the current allowable height limits within this precinct, protecting important view lines and establishing its landmark status within Montague
• Prime location within close walking distance to Melbourne’s CBD via the Yarra River; the famous South Melbourne Market and a stroll through the park to Port Melbourne Beach
• Easy access to quality public transport, linking the property seamlessly into the CBD and beyond
Contact the marketing agents below:
Jozef Dickinson
0402 678 888
Trent Hobart
0433 196 452
Daniel Wolman
0412 957 839
Alysia Reilly
0487 576 881
All figures are approximate and subject to change
Images include artist impressions

Southbank Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $168 ---
Offices --- $748 ---
Retail --- $407 ---
This is the average advertised price, rent and yield for Southbank, VIC 3006*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Tools

  Colliers International Melbourne CBD

 

View Agency Profile

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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