126-128 ST KILDA ROAD, ST KILDA
This prolific and high exposure corner site in the sought after St Kilda Hill Precinct offers an excellent opportunity to secure a strategic income producing property with excellent flexibility with potential to redevelop or refurbish the existing improvements. Currently comprising a ground floor retail tenancy with St Kilda Road frontage, together with a ten bedroom residence to the upper floors. This prominent land holding provides the following key benefits:
- High profile St Kilda Hill corner land holding of 436sqm* with two street frontages to St Kilda Road and Charnwood Crescent
- Suited to future Mixed Use Multi-Level development (STCA)
- Strong short term flexible income from multiple residential tenants
- Would suit investors or owner occupiers within existing improvements
- Highly desirable pocket of St Kilda surrounded by popular eateries, parks and flexible transport options within walking distance
Offering a unique opportunity to secure a prominent freestanding property with two street frontages and excellent potential to ?value-add' in the future.
Ed Wright
+61 421 213 021
Mark Wizel
+61 409 809 868
Joseph Du Rieu
+61 408 892 976
*approx