179-185 Peel Street & 4 Courtney Street, North Melbourne, Vic 3051

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|Retail
|Land/Development
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Published on: 06 Jun 2025
Last updated on: 28 Jul 2025
179-185 Peel Street & 4 Courtney Street, North Melbourne, Vic 3051
179-185 Peel Street & 4 Courtney Street, North Melbourne, Vic 3051
179-185 Peel Street & 4 Courtney Street, North Melbourne, Vic 3051
+9
179-185 Peel Street & 4 Courtney Street, North Melbourne, Vic 3051
  • 9
Property ID: 504880116
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Key property information

Land Size
337.00 m2
Zoning
Mixed Use Zone
Floor Area
398.00 m2
Tenure Type
vacant

EXPANSIVE FREEHOLD OPPORTUNITY AT THE CITY’S EDGE WITH UNLIMITED POSSIBILITIES

179-185 Peel Street & 4 Courtney Street, North Melbourne, Vic 3051
CBRE is offering for sale 179-185 Peel Street and 4 Courtney Street, North Melbourne.

The opportunity comprises mixed-use freehold investment, with an unrivalled location on the cusp of Melbourne’s CBD and in close proximity to The Queen Victoria Market.  

Key details include:

+ 179-185 Peel Street comprises a corner office freehold, with multiple sides of natural light and a short term lease in place with vacant possession available 

+ 4 Courtney Street is a 2 level mixed-use building  with popular café Little Ivy Coffee & Tea occupying the ground floor, with upstairs providing the flexibility for residential use 

+ Flexible Mixed-Use Zone accommodates for a range of building uses including Residential, Retail & Hospitality, Office & Medical or a combination given the multiple access points and wide street frontage + side access

+ Nearby The Queen Victoria Market, benefiting from the $1.7bn* redevelopment set to be undertaken by Lendlease, due to deliver high density commercial & residential accommodation, significantly boosting foot traffic and investment into the catchment

+ Located on the edge of Melbourne’s CBD, benefiting from favourable mixed-use zoning and outstanding height precedent, providing exciting future development opportunities (STCA)

+ Surrounding several education hubs anchored by RMIT University and The University of Melbourne, in addition to world class medical hospitals close by in Flemington Road 

+ Excellent connectivity provided via Elizabeth, Victoria and William Streets, benefiting from a major tram strop directly outside the property and Flagstaff Train Station 1km* away


Contact CBRE for further information. 

David Minty
+61 422 564 199
[email protected]

Scott Hawthorne
+61 400 861 048
[email protected]

Nathan Mufale
+61 421 224 354
[email protected]

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
[email protected] (电子邮件)
jheng1206 (微信)

*Denotes Approx.

Property Details

Basic Info

Property Type
OfficesRetailLand/Development
Listing Status
On Market
Land Size
337.00 m2
Address
179-185 Peel Street & 4 Courtney Street, North Melbourne, Vic 3051
David Minty
David Minty
Scott Hawthorne
Scott Hawthorne
Nathan Mufale
Nathan Mufale
Jing Jun Heng
Jing Jun Heng
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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Contact Agent

Email enquiry to CBRE - Melbourne

David Minty
David Minty
Scott Hawthorne
Scott Hawthorne
Nathan Mufale
Nathan Mufale
Jing Jun Heng
Jing Jun Heng
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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      Property ID: 504880116

      Original Property ID: 504880116
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