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5 & 7 Park Street South Melbourne VIC 3205

  • Development / Land
  • Land Size411 m²
  • PriceFor Sale, Contact Agent (under offer)

HOTEL, RESIDENTIAL OR OFFICE DEVELOPMENT POTENTIAL

  • Mixed-use development opportunity
  • 60m* surrounding height allowance
  • Lifestyle & connectivity at your doors

+ Suitable for high end residential /mixed use development, hotel
or commercial office (STCA)

+ Tremendous development potential with favourable height
allowance of 60m (STCA)

+ Dual access available via generous frontage onto Park
Street and rear laneway

+ Flexible 409sqm* Commercial l Zone landholding over two title allotments

+ Existing improvements generating after land tax net
income of $153,059 per annum*

+ Positioned amongst established high rise residential and
commercial towers underwriting

+ Premier Park Street position less than 150m* walk to Domain
Interchange tram stop, St Kilda Road and Royal Botanic Gardens

+ Expansive dual street frontage via Park Street & rear laneway

For more information please contact the exclusive sales and marketing agents.

Julian White
+61 422 764 137

David Minty
+61 422 564 199

Chao Zhang
+61 3 8621 3576

*approx

Property Highlights

Property ID2014999784
Floor Area111 m²
Land Area411 m²
ParkingOn street parking
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  8 May 2019
Map for 5 & 7 Park Street South Melbourne VIC 3205
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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