West Melbourne site with permit for apartments sold

A corner site with permit for 47 apartments and retail has sold in West Melbourne for an undisclosed sum. 

The 437-441 Spencer Street property is north facing and full of natural light, according to its description.

The land area is 268 sqm and the zoning is mixed use.

The plan has been designed by architect Ken Sowery of ElevliPlus, who designed 'The Age Print Centre' in Tullamarine, and other renowned buildings.

The selling agent was Gideon Marcus of Teska Carson.

The property was is expected to fetch around $4 million.