**EXPRESSIONS OF INTEREST CLOSE ON THURSDAY 12TH NOVEMBER AT 4:00PM**
Positioned just 2 km* from the Melbourne CBD, this quality office and showroom facility provides immediate and reliable holding income with unmatched long-term development upside. Benefiting from seamless access to the West Gate Freeway and CityLink, the site features favourable Capital City Zone 1 (CCZ1) controls and a 24-storey height envelope. Primed for a landmark residential or mixed-use project upon lease expiry, it represents a premier development site in the heart of Fishermans Bend.
Key Property Highlights:
- Land area: 656 sqm*
- Total building area: 764 sqm* (includes 265 sqm* ground floor showroom and 499 sqm* office space)
- Impressive 16-metre* frontage to Montague Street
- 12 on-site car parking spaces
- Core position in the Montague Urban Village / Fishermans Bend precinct, just 2 km* from the CBD
- Capital City Zone 1 (CCZ1) with a 24-storey discretionary height limit
- Flexibility of open plan and partitioned offices with abundant natural light and 3-phase power
- Immediate access to West Gate Freeway, CityLink and CBD
Tenancy Summary:
- Tenant: Melbourne Scooters Pty Ltd
- Term: 3 years (leased until 2029)
- Options: Three (3) further terms of 1 year each
- Gross holding income: $150,000 gross p.a.*
*Approximate
+ 15