City-Fringe Freehold with Development Upside
Lemon Baxter is pleased to present 87–89 Flemington Road – a rare freestanding opportunity in the heart of North Melbourne’s biomedical precinct.
Set on 510sqm* with two street frontages, this high-exposure site offers immediate usability with clear future upside. The property features a two-level building in solid condition with secure parking, and is zoned Mixed Use – primed for commercial, medical, residential, or hotel redevelopment (STCA).
Key Highlights:
– Land: 510sqm* with 12.51m frontage to Flemington Road
– Building: Total 506 sqm* across two levels (ground floor: 421 sqm*, level 1: 85 sqm*)
– Two street frontages – Flemington Rd & Little George St
– Mixed Use Zone (MUZ)
– Vacant possession
– Secure onsite parking
– Previous permit for 12-level hotel development
Positioned just 1.4km from the CBD, the site sits at the gateway to Melbourne’s premier health and education hub. Tram stops at the doorstep and the soon-to-open Parkville Station just 350m away provide unbeatable connectivity.
Moments from:
– University of Melbourne & RMIT
– Royal Melbourne, Women’s & Children’s Hospitals
– Queen Victoria Market, Royal Park, and Melbourne Zoo
For more information or to arrange an inspection, contact the exclusive selling agents.
*Approximate.
