Savills is delighted to offer for sale this high profile city fringe freehold with significant development potential situated at 341-347 Queensberry Street, North Melbourne. The property presents an ideally placed freehold within one of Melbourne’s most highly sought after city-fringe locations, with the suburb set to undergo significant redevelopment within the short term.

Key attributes of this impressive freehold property include:

  • Prime triple fronted corner landholding of 379sq m*

  • Combined 60m* frontage to Queensberry Street and Peel Street plus valuable lane access

  • Favourable Capital City Zoning

  • Approved permit/endorsed plans for 8-level mixed-use project designed by ‘Jackson Clements Burrows’  

  • Alternate scheme for student accommodation project

  • Potential for expansive CBD views from completed project

  • Unrivalled city-fringe location situated just 250m* from Queen Victoria Market (set to undergo $250m* revitalisation)

  • Easy walking distance to University of Melbourne, RMIT, Flagstaff Gardens and Melbourne’s major medical/hospital precinct

  • A one of a kind development opportunity within a high growth employment and student precinct

The opportunity to secure an extraordinary property in such an outstanding location is increasingly rare, and accordingly we encourage purchasers to actively consider this incredible opportunity.

341-347 Queensberry Street, North Melbourne is For Immediate Private Sale.