248-258 Russell Street, Melbourne

248-258 Russell Street, Melbourne, VIC, 3000, AU

248-258 Russell Street, Melbourne_Property for Sale


248-258 Russell Street, Melbourne 2_Property for Sale

Asset Description

JLL Melbourne CBD Sales has the exclusive privilege of offering for sale this high-profile Melbourne CBD property located at 248-258 Russell Street, Melbourne.


Key details of the opportunity include:

+ 3 absolute prime adjoining retail freeholds sold in one line

+ Extensive Russell Street frontage of 19 metres* with secondary frontage to Hayward Lane

+ Valuable landholding of 345sqm*

+ Capital City 1 Zoning allows significant high density redevelopment potential

+ Short-term holding income

+ Ideal location for student accommodation, hotel, apartments, co-living, office, education, hospitality and more

+ An illustrious East-End Melbourne CBD location opposite QV Melbourne and close to Chinatown, Melbourne Central Shopping Centre & Station, Emporium, RMIT and Melbourne University

+ The ultimate Melbourne CBD investment, landbank or development opportunity



248-258 Russell Street, Melbourne is For Sale by International Expressions of Interest closing Friday 31 March at 2pm


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


JLL Melbourne CBD Sales


Nick Peden | 0402 011 266

Josh Rutman | 0411 27 37 46

Mingxuan Li | 0498 688 998


Building area Net
4,252 sf
Year built
Land area Net
0.09 acres (3,733 sf)

Investment Highlights

·       Incredible collection of CBD real estate

·       First time offered for sale in 81 years

·       Absolute prime East-End CBD land

248-258 Russell Street, Melbourne 4_Property for Sale
248-258 Russell Street, Melbourne 4_Property for Sale

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Last updated
6 Mar 2023