Property Description

• Significant freehold site of 4,234sqm (more or less)
• Two existing buildings totalling 9,707sqm (approximately) of net lettable area
• Prominent dual corner position with triple street frontage to Queen Street, Turner Street, and Waverley Street
• Unmatched potential for developers, land bankers, and add-value investors

A rare chance to acquire one of the largest landholdings on Queen Street. Comprising a land area of 4,234sqm on a high-profile dual corner site, 450 Queen Street represents an exceptional opportunity for developers, land bankers, or add-value investors.

450 Queen Street includes two standalone buildings with a combined net lettable area of 9,707sqm, complemented by 173 on-site car parks. Currently returning $887,818pa + GST, the property features significant existing vacancy, offering substantial upside through reconfiguration, repurposing, or re-leasing strategies.

Occupying a commanding position with triple street frontage to Queen Street, Turner Street, and Waverley Street, the site benefits from outstanding exposure and accessibility.

Zoned Business - City Centre, the property allows for development up to 50 metres in height, with further uplift potential to 72.5 metres proposed under Plan Change 78 - offering a future-proofed development prospect.