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40-48 Park Street South Melbourne, VIC 3205

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40-48 Park Street,
South Melbourne, VIC 3205

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Map of 40-48 Park Street

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  • Train stations within 5 km of 40-48 Park Street, South Melbourne, VIC 3205Distance
    Sturt Stsouthbank BVD976 m
    Flinders Street Railway Station1.6 km
    Richmond Station2 km
    South Yarra Station2.1 km
    Elizabeth Stbourke St2.1 km
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  • Tram stops within 5 km of 40-48 Park Street, South Melbourne, VIC 3205Distance
    119-Wells St/Park St (South Melbourne)63 m
    20-Park Street/St Kilda Rd (Melbourne City)209 m
    22-Dorcas St/Eastern Rd (South Melbourne)370 m
    20-Kings Way/Sturt St (Southbank)459 m
    118-Sturt St/Kings Way (Southbank)476 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 40-48 Park Street, South Melbourne, VIC 3205Distance
    Domain InterchangeSt Kilda Rd238 m
    Melbourne Observatory/Birdwood Ave (Melbourne City)527 m
    Shrine of RemembranceBirdwood Ave552 m
    Anzac Ave/St Kilda Rd (Melbourne City)694 m
    Victoria BarracksSt Kilda Rd731 m
    POWERED BY HERE ©
POWERED BY HERE ©

Domain Precinct Freehold with Development Upside

  • The Ultimate Mixed-Use Opportunity
  • 225m* to ANZAC Station
  • Occupy, Invest, Reposition or Develop
Colliers Melbourne City Sales are pleased to deliver 40-48 Park Street, South Melbourne to market, right in time for the upcoming completion of ANZAC Station 225m* away. Rarely does an opportunity of this nature become available as evidenced by the longevity of ownership from the current vendor and occupation of the outgoing tenant – both with over 35 years history at the property.

The property offers the following key features:
• Self-contained two-level office freehold**
• The perfect company HQ – flexible layout, onsite parking, and prominent signage potential
• Underlying land parcel of 1,168 square metres
• High profile Park Street frontage plus rear access
• Favourable planning parameters & development upside
• Mixed Use Zone allows office, retail, hotel, residential, BTR, education or healthcare^
• DDO-26-2 prescribes a height limit of 60 metres^
• 225m* from ANZAC Station, part of the $11billion* Metro Tunnel project with completion due 2025
• Short walk to the Royal Botanic Gardens precinct
• A proven boulevard of development success!

*Approximate ^Subject to Council Approval **4.5 Star NABERS Energy Rating

EOI Closed - Offers Under Review

For more information please get in touch with the exclusively appointed agents from Colliers Melbourne City Sales:
Nick Garoni | 0403 409 0...
Matt Stagg | 0409 411 3...
Yvonne Zhou | 0415 100 8...

Property ID: 504506480Last Updated: 27 Mar 2024

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40-48 Park Street
South Melbourne, VIC 3205
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