8 Palmerston Crescent,
South Melbourne, VIC 3205

Development Sites & Land

Detailed listing

Key property information

Land area

Sold on

Map of 8 Palmerston Crescent

Directions

IRREPLACEABLE ISLAND SITE WITH EXCELLENT DEVELOPMENT POTENTIAL

PRIME SOUTH MELBOURNE DEVELOPMENT SITE
ISLAND SITE WITH FOUR STREET FRONTAGES
FLEXIBLE MIXED USE ZONING

Colliers International is pleased to offer for sale 8 Palmerston Crescent, South Melbourne with the following key attributes:

Prime South Melbourne land holding of 908sqm*

- Island site with four street frontages
- Flexible mixed use zoning
- Excellent development potential including residential, commercial or hotel (STCA)
- Prime location close to St Kilda Road, Melbourne CBD and South Bank
-Unrivalled amenity surrounded by Royal Botanic Gardens, Albert Park Lake, Yarra River and bayside suburbs
- Easy access to public transport including Domain Interchange
and new Melbourne Metro Rail Train Station
- Solid holding income with vacant possession readily available
- First time offered for sale in 30 years

(*approx.)

To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents.

Matt Stagg
+61 409 411 300
matthew.stagg@colliers.com

URL www.colliers.com.au/29682

South Melbourne, 3205 demographic data

The median household income for South Melbourne is $2,101, 11% higher than Greater Melbourne's household income of $1,901. South Melbourne has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 53% of property owners in South Melbourne have a mortgage.

11,548

Population

$2,101 per week

Median household income

39 years

Median age

Renters

Most residents

Families

Most households

03 9629 88...