
Valley Metro
AU - Fortitude Valley, QLD
14,168 m²
JLL Melbourne CBD Sales and Cushman & Wakefield have the exclusive privilege of offering for sale ‘Melbourne House’ – An iconic central CBD freehold with exceptional development potential.
Key details of the opportunity include:
+ Iconic Melbourne CBD freehold set upon a major corner landholding of 939sqm*
+ Valuable exposure to Little Bourke Street and Whitehart Lane, providing 68m* of combined frontage
+ Planning approval for a 14-storey commercial + retail project featuring 10,822sqm GFA
+ Previously permitted for a high-end 322 room hotel
+ Versatile Capital City 1 Zoning allows for a multitude of development outcomes, including hotel, living (BTS, BTR & co-living), PBSA, retail, hospitality and/or mixed-use (STCA)
+ A timeless existing building of 4,587sqm* NLA which can be refurbished and/or repositioned to capitalise on strong occupier demand in Melbourne’s retail core
+ Located within the city’s most vibrant commercial hub, being a true 24/7 precinct endorsed by workers, students, tourists and local residents, with some of the best eateries, nightlife, shopping and tourism destinations all within a block of the site
+ A hyperconnected location within immediate proximity to the very best the city has to offer – Bourke Street Mall, Emporium Melbourne, Melbourne Central, Hardware Lane and several transport networks
+ NABERS exempt
+ One of just 3 permitted sites to be offered for sale in the Melbourne CBD in 2023
*Approximately.
EOI CLOSED - OFFERS UNDER REVIEW
JLL
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
Nick Peden | 0402 011 266
MingXuan Li | 0498 688 998
Cushman & Wakefield
Oliver Hay | 0419 528 540
Daniel Wolman | 0412 957 839
Leon Ma | 0417 070 725