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$ 39,066.00 339 Queensberry Street North Melbourne VIC 3051 BLUE CHIP CITY FRINGE INVESTMENT OPPORTUNITY Nelson Alexander Commercial are delighted to offer for Private Sale this fantastic property positioned on the fringe of the Melbourne CBD. Surrounded by public transport, The Queen Victoria Market, Melbourne University, RMIT University, Flagstaff Gardens and Melbourne’s Hospital District including Royal Children’s Hospital and Royal Melbourne Hospital. This property comprises of a large ground floor office with ROW access with 2 car parks and an upstairs 3 bedroom residence with separate access. Under the Capital City Zoning (Schedule CCZ5) with allowable development height of at least 24 metres this is a fantastic opportunity for the astute investor or hold and land bank for future development (STPA). Key Property Features: • Zoned Capital City Zone (CCZ5) • Land Area 135m² (approx.) • Building Area 180m² (approx.) • Ground Floor Office plus 3 Bedrooms Residence • Ground Floor Net Rent $39,066 pa plus gst plus outgoings • Lease Expiry 1st April 2021 (+5+5+5) • First Floor 3 Bedroom Residence Rent $52,000 pa • Total Rent $91,066 pa • Prime Location to Iconic Queen Victoria Market and Universities • ROW Rear Access • Tram Stop 20 Metres away • Excellent Future Development Potential (STPA) • Fantastic Immediate Investment Return.

339 Queensberry Street North Melbourne VIC 3051

BLUE CHIP CITY FRINGE INVESTMENT OPPORTUNITY

Nelson Alexander Commercial are delighted to offer for Private Sale this fantastic property positioned on the fringe of the Melbourne CBD. Surrounded by public transport, The Queen Victoria Market, Melbourne University, RMIT University, Flagstaff Gardens and Melbourne’s Hospital District including Royal Children’s Hospital and Royal Melbourne Hospital. This property comprises of a large ground floor office with ROW access with 2 car parks and an upstairs 3 bedroom residence with separate access. Under the Capital City Zoning (Schedule CCZ5) with allowable development height of at least 24 metres this is a fantastic opportunity for the astute investor or hold and land bank for future development (STPA).

Key Property Features:

• Zoned Capital City Zone (CCZ5)
• Land Area 135m² (approx.)
• Building Area 180m² (approx.)
• Ground Floor Office plus 3 Bedrooms Residence
• Ground Floor Net Rent $39,066 pa plus gst plus outgoings
• Lease Expiry 1st April 2021 (+5+5+5)
• First Floor 3 Bedroom Residence Rent $52,000 pa
• Total Rent $91,066 pa
• Prime Location to Iconic Queen Victoria Market and Universities
• ROW Rear Access
• Tram Stop 20 Metres away
• Excellent Future Development Potential (STPA)
• Fantastic Immediate Investment Return.

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