OVERVIEW

Cushman & Wakefield are pleased to present 322-332 St Kilda Road, St Kilda for sale.

322-332 St Kilda Road provides a rare and high-profile development opportunity in one of Melbourne’s most dynamic and vibrant city fringe suburbs.

Offering significant scale, superb frontage, and unmatched locational benefits, this versatile site with quality improvements is perfectly suited for a landmark mixed-use development (STPA), owner occupation given the premium exposure, or other uses such as a hotel or serviced apartment development.

Key Property Highlights:

• Significant high exposure development site of 2,872sqm*
• Substantial dual street frontages of 33m* to St Kilda Road and 31m* to Pakington street
• Versatile Commercial 1 and Mixed-Use zoning providing flexibility for a variety of uses and development outcomes
• Immediate development precedent of 6-8 levels in the immediate vicinity
• Potential for stunning water view lines from any future development (STPA)
• Existing improvements on site include 10 strata titled office suites, significant common areas plus 34 on grade car parks being sold in one line
• Significant passing income available from the site
• Unparalleled lifestyle appeal just moments from Carlisle Street Balaclava, Fitzroy Street, Acland Street, St Kilda Beach and Albert Park Lake
• Connected via multiple tram routes and major arterials, providing direct access to the CBD and beyond
• Proximity to Melbourne’s elite schools including St Michael’s Grammar & Wesley College
• Highly successful apartment precinct with a number of completed build-to-sell and build-to-rent projects within the immediate vicinity, including the hugely successful Beach House BTR development

For further details, please contact the team at Cushman & Wakefield Development Sites:

Daniel Wolman | +61 412 957 839

Hamish Burgess | +61 421 641 497

Anthony Kirwan | +61 431 952 430

Leon Ma 马海翔 | +61 417 070 725

*Approximate