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Stonebridge Property Group, acting under instructions from Advise Transact, is pleased to present for sale, 12-14 Duke Street, St Kilda.
A prominent 1,220 sqm* St Kilda landholding with an existing permit for 18 boutique apartments over two levels with basement car parking.
Key highlights of the opportunity include:
- Prized 1,220 sqm* St Kilda landholding
- Permit approved for a boutique apartment development comprising 18 units and appealing to the local demographic of young, wealthy singles and couples.
- St Kilda boast the two most searched apartment projects by buyers in Feb-26 on REA, underpinning a high-demand and captive apartment market
- Offering residents an outstanding location to live, moments from the beach, excellent restaurants, bustling retail strips and a thriving entertainment and cultural scene
- Lifestyle amenities include St Kilda Botanical Gardens (450 m*), St Kilda Beach (1.2 km*), St Kilda Sea Baths (1.4 km*) and St Kilda Pier (1.7 km*)
- Exceptional connectivity with Carlisle Street trams at your doorstep (100 m*), Balaclava Train Station (450 m*) and just a 20-minute commute to Melbourne CBD
- Positioned just 100 m* to Carlisle Street retail strip home to both Coles and Woolworths as well as, Australia Post and Chemist Warehouse. Additional retail options include Acland Street (800 m*), and the heart of Chapel Street (1 km*), offering an extensive mix of boutique retail, cafés, restaurants and nightlife.
- Excellent nearby education institutions with St Kilda Library across the street and St Kilda Primary School (200 m*)
- Located in one of Melbourne’s most dynamic cultural hubs, home to the Palais Theatre and Luna Park, and host to major events including the St Kilda Festival
- Supportive demographic profile characterised by a dense, apartment-oriented catchment of young, affluent residents, reflected in a median age of 36, personal incomes 34% above the Victorian average and a relatively small household size of 1.7 persons^
- Strong residential fundamentals, underpinned by a median house price of $1,800,000^^, median weekly rent of $850^^, and a tight 2.17% vacancy rate^^^, indicating a supply-constrained, high-demand market placing upward pressure on capital values
12-14 Duke Street, St Kilda is offered for sale via Public Expressions of Interest closing Thursday, 9th April at 2pm (AEDT). To obtain further information, please contact the exclusive selling agents, Stonebridge Property Group
Andrew Milligan
+61 421 559 992
Lucas Duffy
+61 417 596 560
Chao Zhang 张超
0411 625 068
*Approximately
^ABS (2021)
^^REIV (2026)
^^^Real Estate Investar (2026)
Property Code: 1620
Remember to mention you found this property on DevelopmentReady
Stonebridge Property Group, acting under instructions from Advise Transact, is pleased to present for sale, 12-14 Duke Street, St Kilda.
A prominent 1,220 sqm* St Kilda landholding with an existing permit for 18 boutique apartments over two levels with basement car parking.
Key highlights of the opportunity include:
- Prized 1,220 sqm* St Kilda landholding
- Permit approved for a boutique apartment development comprising 18 units and appealing to the local demographic of young, wealthy singles and couples.
- St Kilda boast the two most searched apartment projects by buyers in Feb-26 on REA, underpinning a high-demand and captive apartment market
- Offering residents an outstanding location to live, moments from the beach, excellent restaurants, bustling retail strips and a thriving entertainment and cultural scene
- Lifestyle amenities include St Kilda Botanical Gardens (450 m*), St Kilda Beach (1.2 km*), St Kilda Sea Baths (1.4 km*) and St Kilda Pier (1.7 km*)
- Exceptional connectivity with Carlisle Street trams at your doorstep (100 m*), Balaclava Train Station (450 m*) and just a 20-minute commute to Melbourne CBD
- Positioned just 100 m* to Carlisle Street retail strip home to both Coles and Woolworths as well as, Australia Post and Chemist Warehouse. Additional retail options include Acland Street (800 m*), and the heart of Chapel Street (1 km*), offering an extensive mix of boutique retail, cafés, restaurants and nightlife.
- Excellent nearby education institutions with St Kilda Library across the street and St Kilda Primary School (200 m*)
- Located in one of Melbourne’s most dynamic cultural hubs, home to the Palais Theatre and Luna Park, and host to major events including the St Kilda Festival
- Supportive demographic profile characterised by a dense, apartment-oriented catchment of young, affluent residents, reflected in a median age of 36, personal incomes 34% above the Victorian average and a relatively small household size of 1.7 persons^
- Strong residential fundamentals, underpinned by a median house price of $1,800,000^^, median weekly rent of $850^^, and a tight 2.17% vacancy rate^^^, indicating a supply-constrained, high-demand market placing upward pressure on capital values
12-14 Duke Street, St Kilda is offered for sale via Public Expressions of Interest closing Thursday, 9th April at 2pm (AEDT). To obtain further information, please contact the exclusive selling agents, Stonebridge Property Group
Andrew Milligan
+61 421 559 992
Lucas Duffy
+61 417 596 560
Chao Zhang 张超
0411 625 068
*Approximately
^ABS (2021)
^^REIV (2026)
^^^Real Estate Investar (2026)
Property Code: 1620
Remember to mention you found this property on DevelopmentReady
