14-22 Villiers Street & 68-74 Courtney Street, North Melbourne, VIC 3051

Development/Land

For Sale Contact the Stonebridge Agent

  • Property ID: 448358
  • Land Area: 2027m²
  • Occupancy: Vacant
2,027 SQM* Mixed Use Zone Development Site in North Melbourne

Stonebridge Property Group is pleased to present for sale 14-22 Villiers Street & 68-74 Courtney Street, North Melbourne, an expansive 2,027 sqm* development site in the heart of North Melbourne, just 200 m* from The Royal Melbourne Hospital.

Development opportunity includes residential, student accommodation, retail, food, medical or a clever combination (STCA).

The site has prior permit approval for 72 apartments across 5-levels, offering developers the opportunity to reactivate this permit or pursue a greater planning outcome (STCA).

The key highlights of the opportunity include:

- Prime North Melbourne location, 200 m* from the Royal Melbourne Hospital and 650 m* from The Royal Children’s Hospital

- Flexible dual street frontages to Villiers Street and Courtney Street totalling 45.8 m*

- Significant landholding of 2,027 sqm*

- Existing improvements comprise an expansive warehouse/office on 14-22 Villiers Street offered vacant possession, and 68-74 Courtney Street is completely cleared and ready for construction

- 1 km* to Melbourne CBD

- Flexible Mixed Use Zone, providing the opportunity for residential, student accommodation, retail, food, medical, commercial or a clever combination (STCA)

- Situated in the Parkville National Employment and Innovation Cluster, an area designated as a major education, research, health and technical advancement home to major institutions including CSL and The University of Melbourne

- Excellent education facilities nearby, 200 m* to North Melbourne Primary School, University of Melbourne (550 m*) and University High School (400 m*), an excellent location for student accommodation

- Conveniently connected to all of Melbourne, with trams available along Flemington Road (200 m*), Abbotsford Street (600 m*), as well as via North Melbourne Train Station (1.1 km*) and the forthcoming Arden Train Station (1km*) in the Metro Tunnel

- Access to world-class attractions, Queen Victoria Market (700 m*), Royal Park (800 m*), Melbourne Zoo (1.6 km*), and the State Sport Centre (1.7 km*)

- North Melbourne has significant planning and investment with the City North Structure Plan which outlines potential heights of 14 m^, as well nearby the Arden Precinct, the government’s urban renewal project creating 34,000 jobs and 15,000 residents^^

14-22 Villiers Street & 68-74 Courtney Street, North Melbourne is offered for sale via Expressions of Interest closing Thursday 10th October 2024 at 2:00pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:

Chao Zhang ??
0411 625 068

Julian White
0422 764 137

Dylan Kilner
0459 396 341

* Approximately
^ City of Melbourne (2012)
^^VPA (2022)

Property Code: 1055

North Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8026 $137 1.71%
Offices $5761 $338 5.87%
Industrial $9960 $137 1.38%
This is the average advertised price, rent and yield for North Melbourne, VIC 3051*
* 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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