40 Barry Street, Carlton

• Three-storey office building comprising 644 sqm* of building area plus basement car parking
• Situated in Carlton’s education and biomedical precinct in proximity to The University of Melbourne, RMIT and some of Melbourne’s largest hospitals
• With favourable Capital City 5 zoning and development heights of up to 40 m* (STCA)
• Short term lease to longstanding tenant providing initial income stream
• Environmentally sustainable building that has received multiple sustainability and environmental awards
• Outstanding medium-to-long term re-positioning or re-development opportunity with the property built with foundations that can support additional levels
• Set to benefit immensely from significant upcoming development including the new Parkville Railway Station (350 m*) which will significantly enhance accessibility to the precinct
• The building configuration provides flexibility and the potential for multiple tenants to occupy the premises
• Rare opportunity to acquire a boutique office building ideal for investors, owner occupiers and developers

For Sale via International Expressions of Interest Closing on Wednesday 17th March 2021 at 3pm

Open for Inspection:

24th February Wednesday 1.00-2.00pm

3rd March Wednesday 11.00-12.00pm

10th March Wednesday 11.00-12.00pm

To book inspection or for further information, please contact the exclusive sales and marketing agents at JLL Melbourne:

Josh Rutman | 0411 27 37 46

Michael Godfrey | 0437 440 245

Mingxuan Li | 0498 668 998

*Approx

• 644 sqm* office building with secure basement parking
• Short-term holding income providing ultimate flexibility
• Suitable for investors, owner occupiers and developers