SIGNIFICANT HEIGHT POTENTIAL UP TO 20 LEVELS (STCA)

OPTION FOR HIGH RISE RESIDENTIAL, VERTICAL AGED CARE AND PRESTIGE HOTEL


- 1070sqm (approx.) Corner land parcel
- Highly favourable CZ1 Zone
- 21 One Bedroom apartments to be sold in line

Exceptional and unique St Kilda gateway opportunity, situated in St Kilda Hill location.

THE SITE
- Commercial Zone 1
- Last remaining opportunity for significant high rise development in St Kilda
- Rare corner block with combined street frontage of 70m* to St Kilda Road and Alma Road
- Enormous future development potential (STCA) as this section of St Kilda Road continues to reinvent itself and transform

THE LOCATION
- Last infill site with significant height potential on St Kilda Road – 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*)
- Spectacular and uninterrupted Bay and panoramic views when complete

THE BUILDING
- Current income of approx. $340,000 on a fully let basis