2017 is set to finish on a high note for the lucky property developers who snap up this 85 Coventry Street site in Southbank, VIC.
Find out all the key features of the listing and its location, plus why savvy property developers will be actively looking at the opportunity right here:
What’s So Special About 85 Coventry Street?
The development is located on the corner of a much sought-after pocket of Southbank and already has permits approved for a premium 19 level residential tower, featuring 143 apartments and ground floor retail options.
The corner location means that 85 Coventry Street is a triple frontage design, with panoramic views overlooking the Melbourne skyline, the Royal Botanic Gardens and beyond.
Then there’s the creative design by acclaimed Melbourne-based architect firm Hayball Architects, the team behind Victoria’s first vertical school (which won the 2016 World Architecture Festival award) and the Yorkshire Brewery apartments in Collingwood.
But what really sets this beautifully-designed, permit-ready site apart is its location…
Why Choose Property Development in Southbank?
Southbank is the home of Melbourne’s thriving arts scene as well as key business sectors. Minutes away from the CBD, Southbank is perfectly located, conveniently surrounded by an abundance of Melbourne’s top amenities
From tram lines to the impending Domain train station, historic parklands like Albert Park and Fawkner Park to sports venues like the MCG and Rod Laver Arena, from arts hubs like the NGV and the Arts Centre to all the cafes, restaurants and shops you could ask for, Southbank has it all.
What’s more, Southbank is set to grow majorly over the coming decades. The City of Melbourne reports that the population, which currently sits at just over 18,000 (with 80,000 people visiting it every day), will likely increase to over 45,000 by 2035.
To cater for this increased population, the City of Melbourne is working on ways to open up public space that will make the area even more attractive.
Great, I’m Keen. Where Can I Express my Interest?
This prime development site is exclusively marketed by the Colliers International team of Daniel Wolman, Oliver Hay and Bryson Cameron.
To arrange an inspection with one of the Colliers team or for more details, head over to our 85 Coventry Street Southbank listing page. But be quick because expressions of interest for this gem close 30th November at 12pm.