Outstanding Development Site with Strong Income Stream

Prominently located in the heart of St Kilda Junction, the properties offer an outstanding development site up to 20 levels (STCA) with significant holding income.

Key features include:

• High profile location in St Kilda Junction
• Unbridled development potential up to 20 levels (STCA)
• Significant holding income of $361,202 PA (approx.) with demo clauses
• Combined land area of 595sqm* with rear access via a ROW
• Flexible Commercial 1 Zoning
• No.14 includes a two-storey office building leased to “Local Agent Finder” with the added benefit of 22 car spaces
• No.18 includes a two-storey building used for storage
• Located within close proximity to St Kilda’s vibrant amenity
• Public transport at your doorstep
• A short walk to Albert Park Lake and recreational Parklands

*approx.

For Sale by Expressions of Interest closing : Thursday 16 June 4:00 PM

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