A Southbank super site goes to market
The owners of the site with a permit to build the 55 Clarke Street project have put the site up for sale through Colliers International.
In 2016 when we profiled the project, the 1,787 square metre site originally had a proposal for 73 levels that included 112 hotel suites and 512 apartments across all three main apartment configurations.
Developer Newcity Group also engaged Ellenberg Fraser to design a tower that also included 120 car spaces and 327 bike spaces.
Fast forward and the project that was eventually approved was chopped down to 69 levels that included 565 apartments, 653 square metres of office space and a further 462 square metres of retail space.
Approval for the project occurred prior to the new floor-space ratios that are now governing new proposals on land which has a Capital City zone in Central Melbourne with marketing material for the sale of the site with a permit referencing the 'unrepeatable' 30:1 FSR.
The site sits one block back from City Road and has three frontages to Clarke, Hancock and Catherine Streets in Southbank. Its nearest neighbours include recent developments such as Salvo's Platinum, 283 City Road and the 2013-era Habitat at 58 Clarke Street.
What they say
Conveniently located in one of Melbourne’s most proven apartment market’s 55 Clarke Street features an approved planning permit to deliver one of Melbourne’s most impressive towers.
At 69 levels, the Elenberg Fraser design comprising a range of 1, 2, and 3 bedroom apartments featuring spectacular views over Port Philip Bay, Melbourne CBD and Albert Park Lake.
With a prime position located in between Melbourne CBD, and South Melbourne 55 Clarke Street will afford its future residents easy access to public transport, retail amenity, along with the arts and sporting precincts providing a dynamic and exciting lifestyle in the world’s most liveable city.
Colliers International
Trent Hobart, Bryson Cameron and Jun Lai of Colliers International have been appointed to sell 55 Clarke Street.
"55 Clarke Street represents an exceptional development site for connected inner city living, located in the middle of the South Melbourne lifestyle precinct, the Melbourne CBD and Crown Casino entertainment complex and the Melbourne Arts precincts, in what is considered the ultimate location for connected living,” Trent Hobart, Residential Director at Colliers International, said.
Bryson Cameron added “there is over $7 billion worth of private and public infrastructure investment within Southbank's future supply pipeline through to 2021. This includes a combination of commercial and mixed-use projects adding to the public amenity and fuelling local employment."
The sale of 55 Clarke Street is by expression of interest which closes at 2pm on June 13th.
