OVERVIEW

Cushman & Wakefield Development Sites are pleased to present ‘Robertson Yard’ at 70 Robertson Street, Kensington for sale via International Expressions of Interest (EOI), closing Thursday, 11 September at 2:00 PM (AEST).

This offering represents a rare and unrepeatable opportunity to secure one of inner Melbourne’s last remaining large-scale development parcels. Spanning 11,837sqm*, the site is positioned in the heart of Kensington – just 3km* from Melbourne’s CBD.

Set within one of Melbourne’s most tightly held and well-connected inner suburbs, the site offers a compelling combination of scale, flexible Mixed-Use zoning, strong connectivity, short-term income potential, and significant redevelopment upside – making it an exceptional opportunity for a wide range of redevelopment outcomes.

Key Highlights:

·      Expansive 1.18-hectare* site with multiple frontages, enabling staged redevelopment and enhanced flexibility

·      Flexible Mixed-Use Zone (MUZ)

·      Substantial improvements totalling approximately 9,277sqm*, currently leased to multiple tenants, delivering immediate income

·      Existing Design & Development Overlay (DDO63-A4) allows for a building height of up to 8 storeys

·      Part of the Arden-Macaulay Urban Renewal Area – a designated Victorian Government Priority Precinct undergoing major transformation

·      Poised to benefit from the Victorian Government’s Development Facilitation Program (DFP), which supports large-scale developments near train stations – unlocking potential for faster planning approvals and streamlined development outcomes.

·      Development potential for a variety of outcomes including build-to-rent, build-to-sell, aged care, co-living, or a hybrid mixed-use model.

·      Surrounded by a strong pipeline of upcoming and completed BTR and BTS projects, reinforcing demand and investor confidence

·      Outstanding connectivity via Macaulay & Kensington train stations, CityLink, and major arterial roads

·      Close to a wide range of amenities including the Macaulay Road shopping strip, JJ Holland Park, and a growing selection of trendy cafes and eateries

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

Joe Kairouz +61 421 430 638

Hamish Burgess +61 421 641 497

Oliver Hay +61 419 528 540

Anthony Kirwan +61 431 952 430

* Approx