23-47 Villiers Street, North Melbourne VIC 3051

23-47 Villiers Street North Melbourne, VIC Australia 3051
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Asset Description

JLL Melbourne has the exclusive privilege of offering for sale for the first time in 21 years this significant city-fringe landholding within the Parkville National Employment and Innovation Cluster and the Melbourne Biomedical Precinct at 23-47 Villiers Street, North Melbourne.


Key details of the opportunity include:

+ Unprecedented 6,526sqm city-fringe landholding of significant scale just 1km from the CBD and surrounded by Australia’s leading medical, education and technology institutions

+ The most significant Mixed Use landholding within the Melbourne Biomedical Precinct

+ Flexible Mixed Use Zone suiting residential, BTR, student accommodation, office, education, hotel and medical, healthcare and life science uses (STCA)

+  Indicative development potential supporting a range of end use outcomes, and ability to stage development

+ Significant existing improvements of 7,181sqm with 85 at grade car parks

+ Short-term income available via leaseback arrangement

+  4.5 Star NABERS Energy Rating

+ Highly strategic position within the Melbourne Biomedical Precinct – one of the world’s leading biomedical, research and innovation centres with $2.8bn already invested into the precinct and currently home to 72,960 employees (80,460 projected by 2036)

+  Direct proximity to Australia’s largest hospital precinct including Royal Melbourne/Royal Women’s Hospital (proposed $6bn expansion) and the University of Melbourne

+ Highly accessible site including proximity to tram, bus and only 400m to the under-construction Parkville Train Station which will provide access to the CBD, Arden Precinct, the Melbourne Airport and suburban Melbourne



23-47 Villiers Street, North Melbourne is For Sale by International Expressions of Interest closing Thursday 8 December 2022 at 2pm (AEDT).


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


Josh Rutman | 0411 27 37 46

Jesse Radisich | 0402 085 702

Noral Wild | 0409 439 991

MingXuan Li | 0498 688 998


Transaction Managers – Charter Keck Cramer

Investment Highlights

·      Flexible Mixed-Use Zone

·      Four Extensive Street Frontages

·      Melbourne Biomedical Precinct

Last Updated Date: 22 Nov 2022

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Last Updated Date: 22 Nov 2022

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