60-80 Adderley StreetWest Melbourne VIC 3003
Property Details for 60-80 Adderley St, West Melbourne
Last Listing description (September 2023)
Cushman & Wakefield Melbco Development Sites is excited to exclusively present 60-80 Adderley Street and 133-137 Batman Street, West Melbourne.
An irreplaceable corner site with imminent potential to deliver Melbourne's next best development project with protected panoramic views capturing the picturesque Melbourne City Marina.
Strategically positioned on a prominent corner, wrapped by council laneways in a convenient, future-proof location on the edge of the Melbourne CBD.
Corner landholding of 1,420 sqm*, primed for a high-density development project.
Benefiting from the West Melbourne Structure Plan's highest development potential supporting a new tower of over 8,500sqm* GFA (STCA), with a development concept & development summary prepared.
Flexible Special-Use Zone (SUZ) permitting a multitude of uses including hotel, residential, student accommodation, serviced apartments, co-living, education, office, and retail (STCA).
Two (2) existing warehouses 60-80 Adderley Street and 133-137 Batman Street.
Both buildings benefit from flexible leases (with demolition clauses) providing a significant short-term income stream.
The City Fringe's fasting evolving mixed-use precinct, only 200m* from the entrance of Melbourne CBD and surrounded by a growing number of new projects delivered by established developers.
Highly accessible, a short walk to Flagstaff and North Melbourne stations, and nearby the Dynon Road access to Tullamarine Freeway
Poised to gain from substantial government infrastructure investment, such as the upcoming Spencer Street tram line, Queen Victoria Market renovation, Melbourne Metro Tunnel Project, and the ongoing expansion of the Biomedical and University Precinct (STCA)
On-site inspections are available by appointment only. For Private Sale
Contact the Melbco Development Sites team today:
Daniel Wolman | +61 412 957 839
Alexander Leggo | +61 432 053 747
Marcus Neill | +61 452 405 782
Leon Ma | +61 417 070 725
*Approximate
STCA Subject to Council Approval
Property History for 60-80 Adderley St, West Melbourne, VIC 3003
- 27 Sep 2023Listed for Sale Contact Melbco Development Sites today
- 18 Oct 2010Sold for $3,000,000
Recent sales nearby
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0About West Melbourne 3003
The size of West Melbourne is approximately 6.7 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of West Melbourne in 2016 was 5515 people. By 2021 the population was 8025 showing a population growth of 45.5% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation.In 2021, 32.40% of the homes in West Melbourne were owner-occupied compared with 34.50% in 2016.
West Melbourne has 8,463 properties. Over the last 5 years, Houses in West Melbourne have seen a -12.75% decrease in median value, while Units have seen a -3.57% decrease. As at 31 March 2026:
- The median value for Houses in West Melbourne is $1,253,332 while the median value for Units is $518,305.
- Houses have a median rent of $755 while Units have a median rent of $620.
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