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490 Flinders Street, Melbourne, Vic 3000

490 Flinders Street, Melbourne, Vic 3000

Land/Development Offices Retail

  • For Sale
  • Realisation Sale


  • Approved permit for 12 level building
  • Capital City Zone (CCZ1)
  • Ideal for Developer,Occupier or Investor

  • Land Area
  • 184.00 m² (approx)
  • Floor Area
  • 275 m²
  • Last Updated
  • Apr 09, 2021
  • Municipality
  • City of Melbourne

Interested in this property? Contact an Agent today

Mulcahy Butera - Melbourne

55 Walsh Street

West Melbourne Vic 3003


Under instructions from BRI Ferrier as Managers & Receivers Appointed, Mulcahy Butera is delighted to offer for sale this rare stand alone, Melbourne CBD opportunity for the astute purchaser.

Located at 490 Flinders Street, this strategic opportunity comprises a total landholding of 184sqm in a highly exposed position within the south/western precinct of Melbourne’s CBD, offering unlimited refurbishment or redevelopment potential at a commanding address.

The site currently comprises a part two level brick building of 275m2 approx. with an approximate frontage of 7.8m to Flinders street and was formerly occupied as a restaurant with rear roller door access via Highlander Lane.

The planning permit with Endorsed plans comprises a high rise development as follows -

* Ground & basement retail area
* 11 levels of office accommodation
* Total GFA of 2,295.39m2 approx. plus open air rooftop terrace

Interested parties may wish to pursue the opportunity to develop a high rise building with interrupted views overlooking the Yarra River (STCA) or may look to simply renovate and convert the existing improvements, reaping the benefits of

490 Flinders Street, Melbourne, Vic 3000

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