6 Land Development Properties For Sale in Balaclava

Extremely rare 1,011 sqm holding in Balaclava

- Extremely rare 1,011 sqm holding
- Potential multi level office development
- Strong holding income of $124,539 pa (net) with lease expiry 31.10.2020
- Only 80m from Balaclava Train Station and bustling Carlisle Street
- 3 Street frontages providing excellent access
- 7.5km and only 4 train stops from Melbourne CBD

Auction on-site Thursday, 11 October 2018 at 12pm

Knight Frank are proud to present to the market this extremely rare development opportunity. Situated in a very tightly held pocket of Balaclava this superb opportunity provides current holding income with exceptional d...

Gateway to St Kilda Road.

Six Buildings to be sold as a whole or to be purchased individually.

Fantastic Development Opportunity Located on St Kilda Hill.

• Land 805sqm approx (including all six buildings)

• Building Area 1,050 sqm approx (including all six buildings,
first floor and ground floor)

• All six buildings are on separate titles

• Rental $221,432 P.A

• Excellent Commercial/Residential development potential
S.T.C.A

• Potential to build 4-5 Stories S.T.C.A

• Wide Rear Lane Access

• Excellent Long Term Investment

• Purchase your own office

• Transport to City at your...

123 Fitzroy St, 7-9 & 11 Grey St, St Kilda Iconic Landmark Building Circa 1883.

Three Stories, Corner Fitzroy Street & Grey Street, St Kilda,
Opposite The George Hotel.

Situated in a prime location with Beach, Albert Park Lake and Light Rail Transport to City at your door step.

• Current Rental Return $148,440 P.A
• Huge Potential to renovate or redevelop S.T.C.A
• Building size 540 sqm approx
• Land Size 232sqm approx
• Two Street Frontage with Rear Lane Way
• Top floor with Panoramic City Views
• Whole top floor and part rear of first floor currently vacant
• Potential Student or Backpacker accommodation S.T.C.A
• Potential to increase rental return on ...

ATTENTION RESIDENTIAL, COMMERCIAL, AGED CARE, HOSPITALITY DEVELOPERS & LAND BANKERS

CBRE Victorian Development Sites are delighted to present for your consideration this exceptional and prodigious landholding positioned along Melbourne’s most prominent boulevard of development success.

THE SITE

+ Highly favourable Commercial 1 Zone landholding of 2,540sqm*

+ Rare corner block with combined street frontage of 130m* to St Kilda Road and Blanche Street

+ Enormous future development potential (STCA) as this section of St Kilda Road continues to reinvent itself and transform

THE LOCATION

+ Prominent corner development site on St Kilda Road, Melbourne’s most pre...

BLOCK OF TWELVE FULLY REFURBISHED ART DECO FLATS

+ Wholly-owned block of twelve (12) two bedroom, fully refurbished Art Deco flats in the heart of St Kilda

+ Situated on a sprawling 825sqm* landholding only 170m* to St Kilda Road and 6km* to Melbourne’s CBD

+ Immaculate refurbishment already completed including fresh floor coverings, and installation of quality electrical appliances from recognized international suppliers such as Fisher & Paykel dishwashers, Bosch ovens and cooktops, Toshiba split-systems and Mondella bathroom fittings.

+ Massive income potential and depreciation benefits on offer. Apartments are ready to be occupi...

ICONIC INVESTMENT OPPORTUNITY

* Grand freehold investment with significant upside
* Corner Site of 465 sqm (approx.) with combined street frontage of 45 metres (approx.)
* Substantial Building Area: 610 sqm (approx.) consisting of 2 retail shops & 3 offices
* Leased to multiple high quality tenants
* Current combined rent of $231,000 pa (approx.) + GST
* Bustling Corner Location
* Significant future development (STCA) and rental upside
* Commercial 1 Zone
* Thriving and dynamic lifestyle precinct

FOR AN IMMEDIATE INSPECTION CALL US TODAY!