TWO FREEHOLDS, THREE FRONTAGES, ONE OUTSTANDING OPPORTUNITY

225-229 Queensberry Street, Carlton, Victoria 3053

Office For Sale

Expressions of Interest. EOI Date 17 Oct 2018
Land Area: 332.00 m2.    Floor Area: 646.00 m2.    

Description

Colliers International is pleased to present the opportunity to purchase 225-229 Queensberry Street with the following key attributes:
- Dominant corner opportunity comprising two adjoining freeholds in Melbourne’s booming University Precinct on cusp of CBD
- Three (3) exceptional frontages spanning 52m* providing protected views and natural light corridors
- Substantial combined land allotment of 332m²* and capital city zoning providing excellent development precedence
- Significant short term holding income of $197,462* per annum, diversified across multiple tenants and tenancies with large rental upside
- Centrally located in Melbourne’s internationally renowned University Precinct comprising The University of Melbourne, RMIT University, QVM and Melbourne’s 24-hour Elizabeth Street Dining Precinct
- Opportunity to suit a broad range of end users including student accommodation groups, commercial or residential developers, hotel operators or passive investors looking to implement their leasing strategy
- Currently with a rare 24-hour liquor licence, subject to tenant transfer
- Set to directly benefit from the upcoming $11 billion Metro Rail Project, delivering both the CBD North and Parkville Train Stations
- Ultimate Carlton location servicing an inner-city lifestyle with Swanston Street, Victoria Street and Elizabeth Street tram arterials, Flagstaff and Melbourne Central Train Station as well as multiple bus links
- An unrepeated opportunity to acquire two (2) prime freeholds providing endless flexibility to develop, invest or occupy

*Approximate

For Sale by International Expressions of Interest (EOI) Closing on Wednesday 17th October at 12pm AEDT

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 谢忠佑 +61 430 111 223

This property is proudly marketed by the Melbourne City Sales team (MCS).

Features

  • DOMINANT CORNER OFFERING
  • DEVELOPMENT, INVESTMENT OR OCCUPATION
  • MELBOURNE'S RAPID-GROWTH UNI PRECINCT

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