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Expression of Interest property id: 72016423
152 - 154 Queensberry Street, Melbourne CBD, Victoria, Australia
  • Land Size
    500 m²

Description

CARLTON
MELBOURNE CBD FRINGE
152 - 154 Queensberry Street VIC 3053 Australia
"QUEST CARLTON ON QUEENSBERRY"

Council Approved Mixed Use Development Site
Working Drawings & building permit Completed
Former 2 level office building demolished
Rental Return on Project Completion $2,5 Mill. NET Per Annum

Permitted AAA +A {One Off A Kind} 14 Level high rise Mixed Use investment / Development Opportunity
In this most Affluent Melbourne Location, a stroll from Melbourne CBD and Melbourne University

The versatile multi purpose use approved Carlton Project development, features;
* Site area prime real estate C1 mixed use zone approx. 500 Sqm
* Melbourne City Council approved {development big plus} Carlton project total car park dispensation
* Commercial Retail and Residential Melbourne City Fringe Walk
* Quest Singapore Boutique Hotel / Serviced Apartments {100 turn key10 levels anchor group tenant available
With Quest parent company personal rent guarantee & Indemnity
* 120 {approx.}Student Accommodation {project architect concept design plans available}
* Melbourne in big demand CBD fringe offices
* {NFA} net 14 levels {including basement semi lit retail}
DA development floor areas
Retail: 174 Sqm, Residential: 3.337 Sqm,Terraces: 316 Sqm
* Price; $9,5Million ONO as per Savills Bank 1st Mortgage purpose Valuation {available on request}
Terms of Sale 10% deposit, settlement 6 months unconditional
* Completed Development Working Drawings & DD documentation available on request

152-154 Queensberry Street provides a rare opportunity to take advantage of a mixed-use blank canvass in a sought-after city fringe precinct
Key attributes of the property include:
• 455sqm* landholding with rear access via Monahan Lane
• Permitted for a 13-level mixed use development comprising 64 serviced apartments incorporating 77 keys and 10 residential apartments
• Additional features include retail space, a cômmunal terrace, gym, office & conference room
• Versatile Mixed-Use Zoning (MUZ) - suitable for residential, commercial and student accommodation development
• Walking distance to Melbourne and RMIT Universities and Melbourne's medical precinct
• Close proximity to the CBD and Melbourne's best restaurants, bars and retail as well as the iconic Lygon Street Strip

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Real Diamond International Property Consultants
George Tandos

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Real Diamond International Property Consultants
George Tandos

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