Approved Development Proposition with Income
Colliers International is pleased to offer this exceptional city fringe development site that is permit approved for 8 level apartment complex that includes 69 generously sized apartments and a significant ground level retail offering.
Within proximity to the Melbourne CBD, and with and abundance of infrastructure investment within the immediate vicinity this opportunity is positioned for success.
Key features of this development site are outlined below:
•Substantial land area of 1,806m²*
•Eight level permit for 6,155m²* of NSA
•Located directly opposite the Flemington Racecourse the site provides the potential for exceptional views over this world-famous landmark
•Strong passing income
•Strategically located within proximity to major infrastructure projects such as the Metro Tunnel and the Arden Macaulay precinct
•Positioned only 5 kilometres from the Melbourne CBD grid
The property is for Private Sale.
For more information please contact the Colliers International Development Site Sales team.
Hamish Burgess +61 421 641 497
Jozef Dickinson +61 402 678 888
Jun Lai +61 456 535 000