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55 Southey Street
Elwood VIC 3184
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Sold on 10 Jul 2021

55 Southey Street Elwood VIC 3184

  • Development / Land
  • 694 m²
  • Sold

Permitted Site in Exclusive Elwood

  • Site area of 694 sqm*
  • Permitted for 10 luxury apartments
  • Exclusive bayside location

Colliers are pleased to present 55 Southey Street, Elwood for sale via Expressions of Interest closing Thursday 24 June 2021 at 2pm.

Located in the exclusive bayside suburb of Elwood, approximately 7 km from Melbourne's CBD, the site is ready to be transformed into a luxury residential development of 10 good-sized apartments set on a beautiful tree-lined suburban street; and is a leisurely walk to Elwood foreshore, local shops and public transportation.

Key features of this development opportunity are noted below:

Site area of 694 sqm* and 20 m* frontage to Southey Street
Permitted development to include a three-storey building of 10 apartments with a total NSA of 855 sqm*
Site improvements include a single-storey residential dwelling, currently returning $54,756 per annum
General Residential Zone (GRZ1) within the City of Port Phillip
An abundance of nearby retail, education and parklands including; Glen Huntly Rd retail strip, Glen Eira Rd retail strip, Elwood College, Elwood Primary School, Clarke Reserve and Elwood Foreshore
Serviced by ample public transport including Ripponlea Station and St Kilda Road/ Brighton Road/ Nepean Highway tram providing direct access to Melbourne's CBD
Highly sought after bayside suburb, 7 km* from Melbourne's CBD, with a median house price of $2,050,000**

* Denotes approx.
** Source: CoreLogic RP Data

Thursday 20 May: 12pm 12:30pm
Thursday 3 June: 12pm 12:30pm
Thursday 10 June: 12pm 12:30pm

For further information, please contact the exclusive selling agents at Colliers.

Hamish Burgess
0421 641 497

Joe Kairouz
0421 430 638

EXPRESSION OF INTEREST

Closing date and time24/06/2021 14:00
Recipient nameAsk Agent
Delivery addressAsk Agent
Colliers International Melbourne
Colliers International Melbourne
Level 30/367 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold10 Jul 2021
Floor AreaAsk Agent
Land Area694 m²
ParkingAsk Agent
Property ID2016995256
Category
Last updated  14 Jul 2021
Map for 55 Southey Street Elwood VIC 3184

Nearest transport* to 55 Southey Street Elwood VIC 3184

Bus
Train
Tram
Glen Eira Rd/Brighton Rd (Ripponlea)352 m
Glen Eira Rd/Brighton Rd (Ripponlea)396 m
Milton St/Broadway (Elwood)404 m
Milton St/Broadway (Elwood)418 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Colliers International Melbourne
Colliers International Melbourne
Level 30/367 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold10 Jul 2021
Floor AreaAsk Agent
Land Area694 m²
ParkingAsk Agent
Property ID2016995256
Category
Last updated  14 Jul 2021

Listed by

Colliers International Melbourne
Call
03 96298888

More about 55 Southey Street Elwood VIC 3184

55 Southey Street Elwood VIC 3184 is categorized as Land & Development Property. It has a land area of 694 m². The listing ID for this property is 2016995256.

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