Investment Property
For Sale
  • Development
  • One of the last City Fringe sites of scale with Melbourne’s best panoramic views

    133-137 Batman Street, West Melbourne, Victoria 3003 Australia
    Investment Property
    For Sale
  • Development
  • One of the last City Fringe sites of scale with Melbourne’s best panoramic views

    133-137 Batman Street, West Melbourne, Victoria 3003 Australia
    Building Size
    8,500 SQM
    Lot Size
    1,420 SQM
    Building Size
    8,500 SQM
    Lot Size
    1,420 SQM

    OVERVIEW

    Cushman & Wakefield Melbco Development Sites is excited to exclusively present 60-80 Adderley Street and 133-137 Batman Street, West Melbourne.


    An irreplaceable corner site with imminent potential to deliver Melbourne’s next best development project with protected panoramic views capturing the picturesque Melbourne City Marina. 


    Strategically positioned on a prominent corner, wrapped by council laneways in a convenient, future-proof location on the edge of the Melbourne CBD.


    • Corner landholding of 1,420 sqm*, primed for a high-density development project.

    • Benefiting from the West Melbourne Structure Plan’s highest development potential supporting a new tower of over 8,500sqm* GFA (STCA), with a development concept & development summary prepared.

    • Flexible Special-Use Zone (SUZ) permitting a multitude of uses including hotel, residential, student accommodation, serviced apartments, co-living, education, office, and retail (STCA).

    • Two (2) existing warehouses 60-80 Adderley Street and 133-137 Batman Street.

    • Both buildings benefit from flexible leases (with demolition clauses) providing a significant short-term income stream.

    • The City Fringe’s fasting evolving mixed-use precinct, only 200m* from the entrance of Melbourne CBD and surrounded by a growing number of new projects delivered by established developers.

    • Highly accessible, a short walk to Flagstaff and North Melbourne stations, and nearby the Dynon Road access to Tullamarine Freeway

    • Poised to gain from substantial government infrastructure investment, such as the upcoming Spencer Street tram line, Queen Victoria Market renovation, Melbourne Metro Tunnel Project, and the ongoing expansion of the Biomedical and University Precinct (STCA)

    On-site inspections are available by appointment only. For Sale by International Expressions of Interest closing Thursday 31 August 2023 at 12:00 pm.


    Contact the Melbco Development Sites team today:

    Daniel Wolman | +61 412 957 839

    Alexander Leggo | +61 432 053 747

    Marcus Neill | +61 452 405 782

    Leon Ma | +61 417 070 725 


    *Approximate

    STCA – Subject to Council Approval


    - Melbourne City Suburbs

    Details

    Building Size:
    8,500 SQM
    Sale Price:
    Negotiable
    Lot Size:
    1,420 SQM

    AVAILABILITIES

    LOCATION

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    For Sale ● Development
    A Never to be Repeated Permit Approved Corner CBD Development Opportunity

    405-421 Spencer Street
    West Melbourne, Victoria 3003
    Australia

    Sale Price: Negotiable

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