+ 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 prestigious boulevard - a very rare offering
+ Outstanding access to major retail hubs, shopping and eateries at Acland Street (550m*), Carlisle Street (280m*), Fitzroy Street (950m*) and world famous Chapel Street (1.1km*)
+ World class lifestyle amenity including St Kilda Beach (950m*), Albert Park (950m*) (Australian F1 Grand Prix) and St Kilda Botanical Gardens (450m*)
+ Trams at your doorstep to the Melbourne CBD in just 20 minutes* and 860m* to Balaclava Train Station
+ Easy access to Melbourne's top performing private and public schools at both primary and secondary level including Wesley College, Melbourne Grammar, MacRobertson Girls High School and Melbourne High School
+ Supported by significant State Government investment in neighbouring precincts such as the new Domain Transport Hub (Melbourne Metro Tunnel Project)
+ Near to major supermarkets Woolworths (600m*), Coles (550m*) & Aldi (180m*)
+ Passed by 55,000 vehicles per day travelling between the Melbourne CBD and the prestigious Bayside suburbs (Source: VicRoads)
THE BUILDING
+ Quality multi-level building of 1,612sqm*
+ Currently operated as a highly successful and award winning tourism business
+ Substantial passing income of $720,000 p.a.*
+ Value add opportunity to develop surplus adjoining land or subdivide (STCA)
For further information please contact the exclusive sales and marketing agents at CBRE:
David Minty
+61 422 564 199
david.minty@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au
