![The site is situated in Port Melbourne, the property consists of an island development positioned at the crossroads of Munro Street, Ingles Street, Normanby Road, and Boundary Street within the Sandridge Precinct, as part of the Fishermans Bend Urban Renewal Framework.](https://cdn.prod.website-files.com/65a160b96b9f34854cf85a45/667a64f1d4c529db0710422c_Munro%20Street.webp)
Munro Street
The site is situated in Port Melbourne, the property consists of an island development positioned at the crossroads of Munro Street, Ingles Street, Normanby Road, and Boundary Street within the Sandridge Precinct, as part of the Fishermans Bend Urban Renewal Framework.
Project Description
Location
The site is situated in Port Melbourne, the property consists of an island development positioned at the crossroads of Munro Street, Ingles Street, Normanby Road, and Boundary Street within the Sandridge Precinct, as part of the Fishermans Bend Urban Renewal Framework.
Development Project
Sandridge stands out as the largest Capital City Zoned precinct within the Fishermans Bend Framework and is slated to become one of Melbourne's premier office and commercial hubs. However, the area isn't solely industrial; it encompasses a blend of warehousing, automotive, and transport-oriented facilities, along with nearby residential dwellings.
The site is strategically positioned less than 1.5 radial kilometers from the western edge of the Hoddle Grid (Melbourne CBD). It primarily relies on the local bus network for transportation, with the closest Port Melbourne light rail stop a mere 300 meters away.
Purpose
The loan is to assist with refinance of the subject property located at Normanby Road & Munro Street, Port Melbourne, 3207
Exit Strategy
The main exit strategy involves obtaining planning approval and then either selling the property to a buyer or refinancing it with another financier.
Construction Progress
N.A.
Pre-sales
N.A.
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![The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site.](https://cdn.prod.website-files.com/65a160b96b9f34854cf85a45/6678e07b7b225a83929efa52_Landen%20Construction%20Note.webp)
Landen Construction Note
![The property is in the suburb of Broadmeadows, within Melbourne's northern industrial sub-market. Located in the precinct to the North of Camp Road, south of Broadfield Road and bordering the Merlynston Creek to the west, the property is approximately 15 kilometres north of the Melbourne CBD.](https://cdn.prod.website-files.com/65a160b96b9f34854cf85a45/6678e0a578c3688c1392ee3d_Broadmeadows.webp)
Broadmeadows
![The property is situated within the Mittagong industrial estate, located in the prestigious Southern Highlands, within the Wingecarribee Shire Council area. It is well located within 5 minutes from the town centre and 5 minutes to the Hume Motorway, the key arterial road connecting Sydney, Canberra and Melbourne.](https://cdn.prod.website-files.com/65a160b96b9f34854cf85a45/6678e0b83d26c2a27cff1cc9_Mittagong.webp)
Mittagong
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