Buyer groups with an interest in investing or developing on the edge of Melbourne's CBD would be well suited to a freehold offering for sale through Allard Shelton.

Situated within a Mixed Use Zone, the property at 11-17 Jeffcott Street, West Melbourne comprises a substantial double storey building of some 868 sqm (approx.) which sits on an allotment of 468 sqm (approx).

Preliminary planning advice on the property indicates the potential for an 18-level development, with plans prepared by renowned architects Fender Katsalidis. 

At a glance:

• A double-storey building at 11-17 Jeffcott Street, West Melbourne is being offered for sale with a short-term lease through Allard Shelton.
• The Mixed Use Zone property comprises a substantial building of some 868 sqm (approx.), which sits on an allotment of 468 sqm (approx).
• The property is being offered for sale by Expressions of Interest closing Friday, October 18 at 2pm. 

Allard Shelton Director Joseph Walton said the property represented a "significant" future development opportunity rarely found in the Melbourne market.

"The property is located right on the edge of the CBD in an area with immediate proximity to some of the CBD’s best precincts," he said.

"The property also benefits from a substantial frontage to Jeffcott Street, along with the benefit of additional laneway frontage.

"You have the option of owner-occupying, investing and land banking for the future or exploring a number of possible development outcomes immediately."

West Melbourne is a thriving lifestyle hotspot which has recently seen the emergence of new developments along with the conversion of old warehouses. 

The area features proximity to a number of popular precincts including the CBD legal precinct, Flagstaff Gardens, Docklands, Queen Victoria Market, the Royal Exhibition Building, the Melbourne Convention Centre and the Southbank entertainment precinct. 

The property is being offered for sale by Expressions of Interest closing Friday, October 18 at 2pm. 

For more information, or to arrange an inspection, email or phone Joseph Walton via the details provided below.

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