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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
· Flexible Mixed-Use Zone
· Four Extensive Street Frontages
· Melbourne Biomedical Precinct