Plans and concepts for townhouses apartment or to build your family home/NDIS/aged care opportunity. This property is an embodiment of boundless potential and versatility. It boasts a substantial 1154-square-meter plot, offering plenty of room for creative development opportunities. What sets it apart is its dual street frontages, fronting both Robe Street and Alfred Place. The Robe Street frontage spans an impressive 22.87 meters, while Alfred Place extends over 22.56 meters, adding to the property's accessibility and appeal.

With a General Residential Zoning, this property is a blue-chip investment in one of St Kilda's most iconic tree-lined streets. This zoning classification grants a wide range of possibilities, including the option to redevelop, subject to obtaining the necessary approvals (STCA), or preserve the existing charming Victorian building. The Victorian facade conceals a hidden gem - a two-story building featuring a central courtyard and 29 bedrooms, providing ample space for the creation of something truly exceptional.

What truly sets this property apart is its prime location at the heart of Melbourne's cherished beachside playground. The prospect of converting the premises makes it particularly enticing for astute investors seeking to leave their mark on this bayside pocket. Nestled in close proximity to St Kilda Beach, as well as the bustling hubs of Acland and Fitzroy Streets, residents and visitors alike will find entertainment, dining, and shopping at their fingertips. Furthermore, seamless access to city-bound trams and the Nepean Highway makes this property a highly sought-after location.

To facilitate a smooth purchase process, flexible settlement options are available, making this an even more attractive opportunity for those looking to seize the potential of this exceptional property.