95 St Kilda Road, ST KILDA, VIC
For Sale
Building Area: 945 sqm
945 SQM* MIXED USE DEVELOPMENT OPPORTUNITY
Gorman Commercial and Stonebridge Property Group are pleased to present for sale a large landholding at 95 St Kilda Road, St Kilda.
Situated on a 945 sqm approx. landholding with 57.7m approx. of St Kilda Road frontage, the property has Mixed Use zoning and the benefit of a Design and Development Overlay with a preferred height limit of 13 storeys. There is also great height precedence in the area adjoining a 30-storey apartment complex to the north and a 14-storey building to the south.
The property also has the benefit of an abundance of lifestyle amenity including cafes and shops, parks and gardens, public transport and the beach, all within walking distance.
Public Expressions of Interest close Wednesday 18th May 2022 at 2:00pm (AEST)
Key highlights of the property include:
* Favourable Mixed Use Zone with a Design and Development Overlay detailing a preferred height limit of 13 storeys
* Large 945 sqm approx. landholding with 57.7m approx. of frontage to St Kilda Road
* Strong net holding income of $%193,026 per annum, leased to Europcar
* Outstanding lifestyle precinct with Fitzroy Street cafes, shops and restaurants only 300m approx., only 300m approx. to Albert Park and 1.1 km approx. to ST Kilda Beach
* Excellent public transport amenity with direct access to Melbourne CBD via St Kilda Road trams
* A high value suburb with a $1.8 million medium house price (source REIV)
The property is situated on St Kilda Road approximately 5km south-east of the Melbourne CBD.
The site has excellent connectivity with the tram on St Kilda Road providing direct access to the Melbourne CBD. The location also features outstanding amenity, such as Fitzroy Street and Barkly Street retail precincts, St Kilda Botanical Gardens and St Kilda beach.
To obtain further information or to arrange an inspection please contact the exclusive selling agents, Gorman Commercial and Stonebridge Property Group.
95 St Kilda Road, ST KILDA, VIC |
945 SQM* MIXED USE DEVELOPMENT OPPORTUNITYGorman Commercial and Stonebridge Property Group are pleased to present for sale a large landholding at 95 St Kilda Road, St Kilda. Situated on a 945 sqm approx. landholding with 57.7m approx. of St Kilda Road frontage, the property has Mixed Use zoning and the benefit of a Design and Development Overlay with a preferred height limit of 13 storeys. There is also great height precedence in the area adjoining a 30-storey apartment complex to the north and a 14-storey building to the south. The property also has the benefit of an abundance of lifestyle amenity including cafes and shops, parks and gardens, public transport and the beach, all within walking distance. Public Expressions of Interest close Wednesday 18th May 2022 at 2:00pm (AEST) Key highlights of the property include: * Favourable Mixed Use Zone with a Design and Development Overlay detailing a preferred height limit of 13 storeys The property is situated on St Kilda Road approximately 5km south-east of the Melbourne CBD. The site has excellent connectivity with the tram on St Kilda Road providing direct access to the Melbourne CBD. The location also features outstanding amenity, such as Fitzroy Street and Barkly Street retail precincts, St Kilda Botanical Gardens and St Kilda beach. To obtain further information or to arrange an inspection please contact the exclusive selling agents, Gorman Commercial and Stonebridge Property Group. *Every precaution has been taken to establish the accuracy of the information contained in this publication but does not constitute any representation by the publishers, vendors or real estate agent. Interested parties must rely on their own inquiry. |
Property ID: 134961Contact DetailsJonathon McCormack |