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Future Mixed-Use/Residential Development Opportunity!

786-794 Nicholson Street, FITZROY NORTH VIC, 3068

For Sale

Property for Sale in 786-794 Nicholson Street, FITZROY NORTH VIC, 3068

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11365527
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
06/04/2020
Icon building

Property Type

Land/Development
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Land Area

1022 SQM
Icon size

Floor Area

213 SQM
Icon parking

Parking

N/A

Future Mixed-Use/Residential Development Opportunity!

Prominently positioned on Nicholson Street, Fitzroy North, this superb land holding of 1,022m2* with 3 street frontages, provides a landmark opportunity for mixed use/residential development in Melbourne's highly prized inner suburbs. 

786-794 Nicholson Street, Fitzroy North offers convenient access to a multitude of public transport offerings, as well as the Lygon Street retail precincts of Carlton and Brunswick East, and is only 3km* from the Melbourne CBD.

This significant site is being offered for the first time in over 40 years, and presents the perfect opportunity to make your mark on Melbourne's Inner North. 

Property features:
- Prominent corner land holding 1,022m2* 
- Potential for landmark mixed-use/residential development
- Combined frontage of 92.5m* to Nicholson Street, Liverpool Street and Railway Lane
- Highly sought after Commercial 1 Zone
- Immediate access to #96 Route Tram
- 3km* to Melbourne CBD
- 3km* to Melbourne University and Australian Catholic University 
- 3.5km* to the Hospital Precinct 
- Close proximity to Eastern Freeway 
- Currently leased and operating as the 'Wash Depot'

Tenancy details:

Wash Depot 
- Three (3) Year lease commencing 01 June 2017 
- Three (3) further terms of Three (3) Years each
- Annual increases with CPI, market review at options

APN Outdoor (Advertising Sign)
- Monthly tenancy 

For more details please refer to the Information Memorandum.

*approx.
Pricing excludes GST

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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