24-28 Cremorne StreetCremorne VIC 3121
Property Details for 24-28 Cremorne St, Cremorne
Last Listing description (August 2023)
JLL and Teska Carson has the privilege of offering for sale, this high-profile, city-fringe landholding at 24-28 Cremorne Street, Cremorne
Key details of the opportunity include:
+ High profile 23m* retail frontage to Cremorne Street, plus valuable rear frontage to Jessie Street / side lane access
+ The best and most prominent position with unprecedented development potential in Melbourne's strongest commercial precinct
+ High quality existing building of 1,585sqm*
+ Spectacular views towards the CBD from the existing building
+ Ultimate flexibility with current short-term lease as well as demolition clause
+ Cremorne is Melbourne's most sought-after commercial address, regarded as Victoria's 'Silicon Valley', and Cremorne Street is the central spine of Cremorne
+ A thriving commercial precinct endorsed by major national corporations, including Seek, Tesla, REA Group, Reece and many more
*Approx.
EOI NOW CLOSED - OFFERS UNDER REVIEW.
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
JLL:
Josh Rutman | 0411 27 37 46
Jesse Radisich | 0402 085 702
MingXuan Li | 0498 688 998
Teska Carson:
Matthew Feld | 0415 803 348
Larry Takis | 0418 844 558
Substantial city-fringe landholding
Quality building with significant income
Prominent 23m* retail frontage
Property History for 24-28 Cremorne St, Cremorne, VIC 3121
- 16 Aug 2023Sold for $13,010,000
- 11 Jul 2023Listed for Sale Contact the JLL Melbourne or Teska Carson Agents
- 14 Nov 2014Listed for Rent - Price not available
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About Cremorne 3121
The size of Cremorne is approximately 0.7 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Cremorne in 2011 was 1,564 people. By 2016 the population was 2,040 showing a population growth of 30.4% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation. In 2011, 50.4% of the homes in Cremorne were owner-occupied compared with 48.9% in 2016.
Cremorne has 2,227 properties.
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