OVERVIEW

Cushman & Wakefield Melbco Development Sites & City Fringe Sales is excited to exclusively present 45-53 Park Street, South Melbourne.

A future-proof and flexible South Melbourne opportunity poised to immediately benefit from the upcoming ANZAC train Station.

 - Premium landholding of 1,024 sqm*, with two (2) street frontages spanning 50m* 

- High-density development potential with a height limit of 60 metres^ (DDO-26-2) and 19 level schemes prepared with up to 11,815sqm* of GFA plus basement

- Existing two-level office building of 670sqm* (NLA) benefitting from recent internal refurbishments, end-of-trip facilities, a large north-facing balcony, and 10 secure basement car parks

- Favourable Mixed-Use Zone (MUZ) permitting a multitude of uses including residential, office, hotel, student accommodation, serviced apartments, co-living, education, and retail (STCA)

- High exposure position with clear visibility from Kings Way providing a range of signage options

- Evolving mixed-use South Melbourne precinct surrounded by a growing number of new projects delivered by established developers

- Surrounded by lifestyle amenity; a short walk to the Royal Botanic Gardens Precinct, and nearby the South Melbourne Market, Clarendon Street Retail Precinct, MSAC, and the Melbourne CBD

- Highly accessible to Kings Way (Princes Hwy), and a short walk to the St Kilda Road tram line and the new ANZAC train station part of the $11billion* Metro Tunnel project with completion due 2025

On-site inspections are available by appointment only. For Sale by International Expressions of Interest closing Friday 28 June 2024 at 12:00 pm.

Contact the Melbco Development Sites team today:

Daniel Wolman | +61 412 957 839

Hamish Burgess | +61 421 641 497

Oliver Hay | +61 419 528 540

Leon Ma | +61 417 070 725 

*Approximate

STCA – Subject to Council Approval

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