Southbank, VIC 3006

Development/Land | Retail

Sold

Sold

  • Property ID: 397982
  • Land Area: 1431m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Development site Sold 27/01/2023 N/A 1431m2 Contact Agent
SOLD - 3 ADJOINING SITES

Conquest Estate Agents are privileged to offer a unique and high profile development opportunity within a supremely desirable lifestyle precinct, located behind the Crown Entertainment Complex.

A snapshot of the key features of this offering are:


Combination of 3 adjoining sites equating to 1431 sqm*
2 Street frontages with 30 meter* frontage to City Road
The site is positioned within the Capital City Zoning
Existing leases with strong income stream
Located on the edge of the Melbourne CBD
To be sold with a proposed development scheme for 527 apartments over 61 levels (STCA) produced by renowned architects RotheLowman


This opportunity offers buyers the chance to secure one of the last remaining Southbank sites over 1000 sqm. With this in mind, Conquest Dowling's recommends that this opportunity not be missed if buyers are looking to make a statement in this ideal high-density residential apartment precinct.

268-274 City Road, Southbank will be sold by Expression of Interest closing 14th April 2015 at 3pm.

For more information, please contact Luke Conquest 0432 328 668

Southbank Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $10135 $504 4.97%
Offices --- $684 ---
Industrial --- $263 ---
This is the average advertised price, rent and yield for Southbank, VIC 3006*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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