Cushman & Wakefield Development Sites are pleased to present 61-65 Palmerston Crescent, South Melbourne for sale via Mortgagee Auction, Wednesday 9 December 2026 at 11am (AEDT) on-site.
This is your chance to unlock one of South Melbourne’s last prime development opportunities.
Key Development Highlights:
- Approved permit providing for a boutique 10-level office development designed by Clarke Hopkins Clarke, with city skyline views.
- Alternative Residential Scheme prepared by renowned architects Cera Stribley, comprising a striking 10-level development with 14 premium apartments and protected CBD views (STCA).
- Commercial 1 Zoning allowing for a range of future development outcomes including office, residential, hotel or co-living accommodation (STPA).
- Premium 620sqm* corner site with three street frontages, providing exceptional design flexibility and development efficiency.
- Exceptional Connectivity located just 200m* from the new Anzac Station and within immediate proximity to Melbourne's tram network, providing seamless access to the CBD and wider metropolitan area.
- Outstanding Lifestyle Amenity surrounded by Melbourne's most desirable attractions including the Royal Botanic Gardens, Albert Park Lake, South Melbourne Market and the Arts Precinct.
- Strong underlying demand fundamentals within a tightly held city-fringe precinct that continues to attract professionals, owner-occupiers and investors seeking proximity to the CBD.
- Extensive frontage & natural Light with approximately 97m* of combined frontage and dual laneway access, creating excellent exposure and protected outlooks.
To obtain further information, please contact the exclusive selling agents at Cushman & Wakefield.
Daniel Wolman | +61 412 957 839
Oliver Hay | +61 419 528 540
Hamish Burgess | +61 421 641 497
Leon Ma 马海翔 | +61 417 070 725
*Approx.
- Melbourne City Suburbs
