Colliers International is preparing for an influx of interest from local and offshore developers when The Millennium Site at 1000 La Trobe Street is offered to the market.
Colliers International's Trent Hobart and Bryson Cameron have been appointed to sell a 6,007sqm freehold development site situated in the renowned waterfront precinct of Digital Harbour on behalf of Digital Harbour Holdings and transaction advisors Charter Keck Cramer.
"The Millennium Site forms part of Melbourne's waterside precinct which will benefit from the redevelopment of Harbour Esplanade," Mr Hobart said.
"Situated between Southern Cross Station, Etihad Stadium, New Quay, the waterfront, and the soon to be announced E Gate precinct, The Millennium Site will be a key element within a highly connected precinct linking the Melbourne CBD to the Docklands waterfront.
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"There is a tram stop on the doorstop of the site and developers will be able to capitalise on the uninterrupted water and CBD views from the upper levels of any potential future development.
"CBD development sites are becoming increasingly popular among developers as central CBD precincts become more tightly held.