Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Building Area
Land Area ()

Property Description

JLL Capital Markets is proud to present 48-50 Villiers Street, North Melbourne for sale via an international Expressions of Interest process, closing Wednesday 9th December at 2:00pm.



Investment Highlights

  • To be sold development-ready with permit approval for an 11-level development (GFA 2,778sqm*)
  • A proposed management agreement is in place with a leading co-living operator, providing strong and diverse income generation potential
  • Highly flexible Mixed-Use Zoning and outstanding existing neighbouring height precedents allows for an array of uses including residential, office, mixed-use or student accommodation (STCA)
  • Located within one of Melbourne’s major growth corridors, suburb population is forecast to increase by 120.6% over next 20 years
  • On the doorstep of Melbourne’s bio-medical precinct: the recently completed $1 billion Peter MacCallum Cancer Centre, the Royal Women’s Hospital, the Royal Melbourne Hospital and the Royal Children’s Hospital.
  • Proximity to Australia’s #1 ranked University, the University of Melbourne (400 m*), as well as RMIT University (1.2 km*) exemplifies the precinct’s reputation for educational excellence
  • Situated just 1 km* from Melbourne’s CBD with direct access via Flemington Road trams and just 300 m* from the new Parkville Metro Tunnel Station, ensuring excellent long-term connectivity to greater Melbourne.


*approx


Contact the listing agents below:


JOSH RUTMAN

+61 411 27 37 46

STEVE KELLY

+61 407 320 377

JAMES THORPE

+61 414 510 071

MINGXUAN LI

+61 498 688 998 

Last Updated Date: 11 Nov 2020
Josh Rutman
Josh Rutman
Senior Director, Capital Markets Head of Middle Markets & Metropolitan Investments – Victoria
Steve Kelly
Steve Kelly
Director, Capital Markets

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Last Updated Date: 11 Nov 2020

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