Tiga Commercial and CBRE Melbourne Metropolitan Sales are offering for sale 35 Peel Street, West Melbourne.

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The property comprises a land rich, mixed-use, freehold investment, with an unrivalled location on the cusp of Melbourne’s CBD, at the direct interface of The Queen Victoria Market.

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The key highlights of the opportunity include:

• Substantial fully leased freehold building, comprising ground floor retail tenancies and eight (8) residential apartments over two levels, with outstanding street exposure to one of Melbourne’s busiest thoroughfares
• Directly opposite The Queen Victoria Market, benefiting from the $1.7bn* redevelopment set to be undertaken by Lendlease, due to deliver high density commercial & residential accommodation, significantly boosting foot traffic and investment into the catchment
• Located on the edge of Melbourne’s CBD, benefiting from favourable mixed-use zoning and outstanding height precedent, providing exciting future development opportunities (STCA)
• Surrounding several education hubs anchored by RMIT University and The University of Melbourne, aiding in surging rental demand for residential accommodation in the city fringe
• Excellent connectivity provided via Elizabeth, Victoria and William Streets, benefiting from a major tram strop directly outside the property and Flagstaff Train Station 500m* away

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35 Peel Street, West Melbourne is offered for sale via Expressions of Interest closing Wednesday 18th October 2023 at 2:00pm (AEDT), unless sold prior.

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*Approximate