For Sale
Triple Street Fronted Landmark Development Site, Improved “City Jeep” Showroom
228-232 & 234-238 Normanby Road, Southbank VIC

Stonebridge is proud to offer for sale this triple street fronted landmark development site, improved with “City Jeep” double storey showroom, vehicle service centre and office. The property is in excellent condition throughout and immediately suits vehicle and retail big-box showroom owner-occupiers and investors.

The site offers the potential for a landmark development, an expansive 3,030 sqm* landholding with 171 m* of triple street frontage. Situated in the Fisherman’s Bend Structure Plan enables the potential for a high-rise development, including build-to-sell or build-to-rent apartments. Having previously been permit approved for a 40-storey development.

Recent surrounding Normanby Road developments include R.Iconic, AC Hotel by Marriot and Oakwood Premier.

The key highlights of the opportunity include:

Prized 3,030 sqm* landholding
3 expansive street frontages totalling 171 m*
Desirable Capital City Zone
Prior permit approval for 40-storey development
Suit build-to-sell or build-to-rent development (STPA)
Significant existing 2-level showroom/office
Building area of 4,510sqm*
Exposure to 68,000^ passing vehicles per day
Adjacent future park/open space^^
Offered vacant possession February 2025
Opportunity for landmark development, strategic landbank and/or investment

For further information or to arrange an inspection contact exclusive co-agents.

 

*In conjunction with Colliers

Listing Map