313-317 Kings Way,
South Melbourne, VIC 3205
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
313-317 Kings Way
South Melbourne, VIC 3205
Detailed listing
Map of 313-317 Kings Way
Incredible South Melbourne Freehold Set on a Valuable Island Landholding
- Fully Leased 3-level Building
- 15 Apartments + Rooftop Signage
- Significant Future Development Potential
Savills is delighted to offer for sale this incredible 3-level freehold which is positioned on a super rare South Melbourne island landholding at 313-317 Kings Way (Corner Kings Place & Cobden Street).
Key attributes of this fantastic opportunity are:
• Boutique 3-level South Melbourne building within the prized Domain Precinct
• Ultra-rare island landholding with frontages to Kings Place, Cobden Street & Kings Way
• 15 fully leased residential apartments + extremely prominent and high exposure rooftop signage
• Secure ground level parking for 6 cars
• Total Rental: $218,409 per annum* + GST
• Significant rental upside potential (with the rooftop signage only generating a fraction of market potential rental)
• One of South Melbourne’s only island landholdings providing abundant natural light and view lines
• Mixed Use Zone providing for 60m development height potential (STCA)
• Positioned in a high-rise development hot spot with a number of nearby projects underway
• Strong existing cash flow with potential to capitalise on the significant rental/ development upside potential
• A superb South Melbourne location just moments from the future Anzac Train Station/Domain Tram Interchange, the Royal Botanic Gardens and Albert Park Lake
*Approximate.
For further information please contact:
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...
Key attributes of this fantastic opportunity are:
• Boutique 3-level South Melbourne building within the prized Domain Precinct
• Ultra-rare island landholding with frontages to Kings Place, Cobden Street & Kings Way
• 15 fully leased residential apartments + extremely prominent and high exposure rooftop signage
• Secure ground level parking for 6 cars
• Total Rental: $218,409 per annum* + GST
• Significant rental upside potential (with the rooftop signage only generating a fraction of market potential rental)
• One of South Melbourne’s only island landholdings providing abundant natural light and view lines
• Mixed Use Zone providing for 60m development height potential (STCA)
• Positioned in a high-rise development hot spot with a number of nearby projects underway
• Strong existing cash flow with potential to capitalise on the significant rental/ development upside potential
• A superb South Melbourne location just moments from the future Anzac Train Station/Domain Tram Interchange, the Royal Botanic Gardens and Albert Park Lake
*Approximate.
For further information please contact:
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...
Property ID: 503784054Last Updated: 1 Mar 2023
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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