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For sale

Dalston House, 405-421 Spencer Street, West Melbourne

A NEVER TO BE REPEATED PERMIT APPROVED CORNER CBD DEVELOPMENT OPPORTUNITY

Jones Real Estate and Cushman & Wakefield are pleased to offer for sale an exquisitely designed permit approved landholding known as ‘Dalston House’ at 405-421 Spencer Street corner Batman Street, West Melbourne.

For Sale via International Expressions of Interest closing Wednesday 6th September 2023 at 12pm (AEST).

Key details of the opportunity include:

– A high-profile corner site of 1,683sqm* less than 300* metres from the Melbourne CBD.

– Permit approved for a single tower mixed-use project comprising GFA of 19,615sqm*.

– Combined street frontage of over 133* metres to Spencer, Batman and Middleton Place.

– Unrepeatable planning outcome which caters for traditional apartments, build-to-rent, co-living, student accommodation, retirement living and/or medical uses^.

– Highly desirable position which is set to benefit from major urban regeneration under the new West Melbourne and Arden Structure Plan providing a thriving new neighbourhood.

– Located on the cusp of the CBD, offering direct access to Melbourne’s Health, Biomedical & Education Precincts.

– A rare opportunity to secure a permit approved site of significant scale within Melbourne’s booming CBD and fringe market.

*Approx.
^Subject to council approval

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

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Property Type

Commercial, Development

Address

Dalston House, 405-421 Spencer Street, West Melbourne VIC 3003

Method of sale

Expressions of Interest

Closing Date

September 6, 2023 - 12:00 pm

Land Area

1683 sqm

Occupancy

Vacant Possession

Price guide

Under Offer

Map of: 405-421 Spencer Street VIC 3003

Helping build, manage and negotiate strong, sustainable, market-leading investments.

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