Savills is delighted to offer for sale this high profile city fringe freehold with significant development potential situated at 341-347 Queensberry Street, North Melbourne. The property presents an ideally placed freehold within one of Melbourne’s most highly sought after city-fringe locations, with the suburb set to undergo significant redevelopment within the short term.
The key attributes of the property include:
- Prime triple fronted corner landholding of 379sq m*
- Combined 60m* frontage to Queensberry Street and Peel Street plus valuable lane access
- Favourable Capital City Zoning
- Approved permit/endorsed plans for 8-level mixed-use project designed by ‘Jackson Clements Burrows’
- Alternate scheme for student accommodation project
- Potential for expansive CBD views from completed project
- Unrivalled city-fringe location situated just 250m* from Queen Victoria Market (set to undergo $250m* revitalisation)
- Easy walking distance to University of Melbourne, RMIT, Flagstaff Gardens and Melbourne’s major medical/hospital precinct
- A one of a kind development opportunity within a high growth employment and student precinct
341-347 Queensberry Street, North Melbourne is SOLD.
For further information please contact:
Nick Peden: 0402 011 266
npeden@savills.com.au
Jesse Radisich: 0402 085 702
jradisich@savills.com.au
Glenn Ye: 0476 938 888
gye@savills.com.au
*Approx.
For more details, please email agent