A prime, inner-metro site in Melbourne’s north-west is now available for sale with substantial permit approval for 84 apartments, 9 retail shops and an office. The property at 31-43 Puckle Street in Moonee Ponds is an exceptional and rare landholding drawing interest from domestic and foreign developers.
Melbourne Acquisitions’ Dominic Gibson and Steven Messina have been appointed to sell the site via an Expressions of Interest campaign that will close on 13th July at 4pm, unless sold prior.
A prime activity centre
The property encompasses a plot of land, currently known as 'Phillips Arcade', which is close to half an acre (1887 m2).
Highpoint Shopping Centre, the $2 billion Moonee Valley Racecourse redevelopment, Mirvac owned Moonee Ponds Central (which comprises of Kmart, Coles and an Aldi Supermarket as well as over 60 specialty stores) are within close proximity make this development extremely desirable.
On the doorstep residents will enjoy the renowned Puckle St retail strip, which is undergoing significant transformation, making it an attractive move to start developing now.
Only 7 km from Melbourne's CBD, Moonee Ponds is a highly desirable location for developers seeking to capitalise on owner occupier buyer demand.
The plans are grand and they are approved
Mr Gibson says “Astute developers will be pleased to secure this highly sought after location, where the hassle of Development Approval has already been taken care of.”
This translates into 6,019sqm* of residential space allowing for 33 one-bedroom apartments, 49 two-bedroom apartments and 2 three-bedroom apartments. The nine retail shops will cover a space of 1,014sqm* and the office 374sqm*.
With designs by renown Interlandi Mantesso architects every aspect, whether residential or commercial, is carefully considered to create a space that is efficient, fitting and enjoyable for future occupants.
This site offers the opportunity to construct a substantial mixed-use development in a proven residential and retail market.
Puckle St Moonee Ponds Summary
- A prime activity centre 1887 m2 site with Development Approvals.
- A mixed-use project designed by Interlandi Mantesso architects.
- 10 storeys; comprising 84 apartments, 9 retail shops plus office.
- Passing rent $330,000 p.a* with demo clauses.
- Close proximity to schools, parklands, the Maribyrnong River, transportation, retail and more.
- For Sale via expressions of interest, closing 13th July at 4pm, (unless sold prior).
*Please note that all financials, measurements or distances quoted above are approximate only.
For further information please contact the Melbourne Acquisitions team, and mention Development Ready in your interactions.
Dominic Gibson +61 409 366 941
Steven Messina +61 412 035 176