Land

36-58 Macaulay Road, North Melbourne

36-58 Macaulay Road North Melbourne, VIC Australia 3051
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Asking Price Contact for pricing
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NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Land Area ()

Property description

JLL Melbourne Commercial Sales and Colliers are pleased to offer for sale an exquisitely designed permit approved landholding known as ‘Arco on the Park’ at 36-58 Macaulay Road, North Melbourne.

 

Key details of the opportunity include:


- A high-profile corner site of 3,068sqm fronting two parklands less than 1.5km from the Melbourne CBD

- Permit approved for a dual building mixed-use project comprising GFA of 21,047sqm

- Combined street frontage of over 100 metres to Macaulay Road and Haines Street

- Unrepeatable planning outcome which caters for traditional apartments, build-to-rent, co-living, student accommodation, retirement living and/or medical uses (STCA)

- Highly desirable position which is set to benefit from major urban regeneration under the new Arden Structure Plan providing a thriving new neighbourhood including the new Arden Station.

- Located in the heart of in-demand North Melbourne, offering direct access to Melbourne’s Health, Biomedical & Education Precincts

- A rare opportunity to secure a permit approved site of significant scale within Melbourne’s booming city fringe market

 

Arco on the Park is For Sale via Expressions of Interest closing on Friday12 November 2021 at 2pm (AEDT).

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

JLL

Josh Rutman | 0411 27 37 46

Nick Peden | 0402 011 266

David Hill | 0431 248 477

Mingxuan Li 李名轩 | 0498 688 998

 

Colliers

Jozef Dickinson | 0402 678 888

Trent Hobart | 0433 196 452

Robert Papaleo | 0418 327 574

Investment highlights

·      Permit approved mixed-use project

·      Large corner landholding of 3,068sqm

·      Situated between two major parklands 

Last Updated Date: 14 Oct 2021
Josh Rutman
Josh Rutman
Executive Director, Head of Capital Markets - Victoria
Nick Peden
Nick Peden
Director

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Last Updated Date: 14 Oct 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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