Under Offer 15/12/2023
TROPHY MIXED-USE FREEHOLD RETAIL INVESTMENT
35 Peel Street, West Melbourne VIC 3003
Contact Agent
RetailSize: n/a
Block size: 425 m² approx.
The property comprises a land rich, mixed-use, freehold investment, with an unrivalled location on the cusp of Melbourne's CBD, at the direct interface of The Queen Victoria Market.
The key highlights of the opportunity include:
+ Substantial fully leased freehold building, comprising ground floor retail tenancies and eight (8) residential apartments over two levels, with outstanding street exposure to one of Melbourne's busiest thoroughfares
+ Directly opposite The Queen Victoria Market, benefiting from the $1.7bn* redevelopment set to be undertaken by Lendlease, due to deliver high density commercial & residential accommodation, significantly boosting foot traffic and investment into the catchment
+ Located on the edge of Melbourne's CBD, benefiting from favourable mixed-use zoning and outstanding height precedent, providing exciting future development opportunities (STCA)
+ Surrounding several education hubs anchored by RMIT University and The University of Melbourne, aiding in surging rental demand for residential accommodation in the city fringe
+ Excellent connectivity provided via Elizabeth, Victoria and William Streets, benefiting from a major tram strop directly outside the property and Flagstaff Train Station 500m* away
To obtain further information, please contact CBRE and Tiga Commercial.
CBRE
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Tiga Commercial
David Sia
+61 430 111 223
david.sia@tiga.au
Griffin Barrett
+61 434 620 360
griffin.barrett@tiga.au
Martin Leong
+61 425 699 708
martin.leong@tiga.au
*Denotes Approx.
The key highlights of the opportunity include:
+ Substantial fully leased freehold building, comprising ground floor retail tenancies and eight (8) residential apartments over two levels, with outstanding street exposure to one of Melbourne's busiest thoroughfares
+ Directly opposite The Queen Victoria Market, benefiting from the $1.7bn* redevelopment set to be undertaken by Lendlease, due to deliver high density commercial & residential accommodation, significantly boosting foot traffic and investment into the catchment
+ Located on the edge of Melbourne's CBD, benefiting from favourable mixed-use zoning and outstanding height precedent, providing exciting future development opportunities (STCA)
+ Surrounding several education hubs anchored by RMIT University and The University of Melbourne, aiding in surging rental demand for residential accommodation in the city fringe
+ Excellent connectivity provided via Elizabeth, Victoria and William Streets, benefiting from a major tram strop directly outside the property and Flagstaff Train Station 500m* away
To obtain further information, please contact CBRE and Tiga Commercial.
CBRE
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Tiga Commercial
David Sia
+61 430 111 223
david.sia@tiga.au
Griffin Barrett
+61 434 620 360
griffin.barrett@tiga.au
Martin Leong
+61 425 699 708
martin.leong@tiga.au
*Denotes Approx.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Scott Hawthorne to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
425 m²*
Other Details
Maps and area information
Block information
Block size: 425m² (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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SummaryMedian sales
Average Age
31 years
Population
8,025
Listing ID: 181928837. This listing has been viewed 1 time. It was first displayed on 14/09/2023 and last updated on 15/12/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.