Land

317-327 Napier Street, Fitzroy

317-327 Napier Street Fitzroy, VIC Australia 3065
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Building Area
Land Area ()

Property description

The JLL Melbourne Commercial Sales team in conjunction with CVA Property Consultants are pleased to offer for sale a landmark corner development opportunity located at 317-327 Napier Street, Fitzroy (Corner Johnston Street)


Key details of the property include:

- A strategically amalgamated corner landholding of 1,484sqm* offering a substantial combined street frontage of 78 metres*

Extraordinary redevelopment potential due to flexible Commercial 1 Zoning and recently revised planning controls increasing height potential (STCA)

- Multiple frontages and access points improve construction efficiency and access to light, air and views for future product

- Two existing leases to longstanding tenants providing strong holding income

- Centrally located within Melbourne’s most vibrant lifestyle precinct, featuring unparalleled accessibility to parks, public transport, retailing, health and education services

- Fitzroy, recently voted Melbourne’s #1 most liveable suburb**, is a proven development precinct endorsed by some of Australia’s most renowned and successful developers

- Highly convenient access to the Melbourne CBD via nearby tram and bus networks, cycling paths and Collingwood Train Station, as well as iconic Brunswick and Smith Street shopping precincts

- First time ever offered to the public market as a combined landholding


For Sale by Expressions of Interest closing Wednesday 8 December 2021 at 2pm (AEDT).


For further information on this outstanding corner development opportunity, please contact any member of the JLL Melbourne team.

 

Josh Rutman | 0411 27 37 46

Tim Carr | 0415 767 915

MingXuan Li | 0498 688 998


** CoreLogic Rating Data


In conjunction with CVA

Ian Angelico | 0418 336 088

Investment highlights

      High Profile C1Z Corner Landholding

      Valuable Holding Income Stream

      Melbourne’s Hottest Location

Last Updated Date: 12 Nov 2021

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Last Updated Date: 12 Nov 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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