26-42 Alexandra Parade

Clifton Hill VIC 3068

Furthermore, 26-42 Alexandra Parade, Clifton Hill is 150 m east of the Fitzroy Gasworks a 3.9 ha* site which is one of Melbourne's largest inner city development projects being developed by Development Victoria in partnership with the private sector. This major infrastructure project will bring critical mass, population and enhance retail/community/education amenity to the locale underpinning future growth and value uplift of 26-42 Alexandra Parade, Clifton Hill.

Key highlights include:

- **Prime City Fringe Location** Opportunity to acquire a prime site within 2 km* of the Melbourne CBD in one of Melbourne's most tightly held locations.
- **Prominent Landholding** Large 2,425 sqm* site which creates an ideal flexibility for multiple future uses.
- **Triple Street Frontages** Approximately 150 m * of frontage across three streets including 48 m* to one of Melbourne's busiest thoroughfares Alexandra Parade.
- **Flexible Zoning with planning certainty** Commercial 2 Zoning allows a multitude of development outcomes, including office, showroom, retail and hotel (STCA). Recently amended DDO-38 now clearly prescribes the potential allowable heights for 26-42 Alexandra Parade, Clifton Hill which is up to 10 levels (STCA).
- **Good quality existing improvements** The Property is improved with a fully functional office / warehouse facility with a total area 2,206 sqm*.
- **Unrivalled Connectivity and High Visibility** Only 2 km* from Melbourne CBD with immediate Eastern Freeway (M3) access, direct tram connectivity via Smith Street (150 m* away) and Clifton Hill and Victoria Park Train Stations within walking distance.
- **Outstanding Surrounding Amenity** Surrounded by world class amenity including Smith Street Retail Precinct plus access to renowned open space including Edinburgh and Darling Gardens.

For more information on this opportunity, please contact the exclusive Knight Frank sales agents below.

*Approx.