Back to previous step
Close
Stonebridge Property Group are pleased to present for sale 175-187 Sturt Street, Southbank.
The Property is a premier corner development site in the Melbourne Arts Precinct, permit approved for a landmark 17-storey building with 152 apartments and ground floor retail/commercial.
Key highlights of the opportunity include:
- Premier 2,076 sqm* corner landholding
- Extensive 91 m* corner frontage to Sturt Street and Miles Street
- Capital City Zone
- Permit approved for a landmark mixed-use project comprising 17 storeys and 152 apartments, comprising 12,087 sqm* NSA/NLA
- Well-considered architectural design with an apartment mix tailored to the Southbank demographic, favouring 1- and 2-bedroom apartments for young singles and couples
- Cost-efficient scheme featuring a no-basement design and uninterrupted views towards Melbourne’s CBD skyline
- Existing two-level office building totalling 1,940 sqm* NLA, offering an exceptional opportunity to reposition the asset
- Located within one of Melbourne’s most active and proven development precincts, surrounded by major developers including Cedar Woods, Novus, Time & Place and Evolve Developments
- Hyper-connected location, with the Miles Street/Sturt Street tram stop at your doorstep, 750 m* to the brand new Anzac Station, 1.2 km* to Flinders Street Station and immediate access to CityLink, St Kilda Road and Kings Way
- Positioned within Southbank’s renowned Arts Precinct, currently undergoing a $1.7 billion transformation scheduled for completion in 2028, set to significantly enhance foot traffic and economic activity
- Proximity to Melbourne’s premier lifestyle and recreational amenities, including the Royal Botanic Gardens (500 m*), Albert Park (1.2 km*), the Melbourne Sports Precinct, home to the MCG and Rod Laver Arena (1.3 km*) and Port Phillip Bay (2.7 km*)
- Moments from Southbank’s key attractions, including Yarra Promenade (900 m*), the Arts Precinct (750 m*), Crown Casino (850 m*), and the Melbourne Exhibition and Convention Centre (1 km*)
- Strong population growth outlook, with Southbank forecast to accommodate an additional 18,000 residents between 2023 and 2043 (City of Melbourne, 2023), reinforcing sustained demand for high-density residential development
- 2.5-star NABERS Energy for offices rating
175-187 Sturt Street, Southbank is offered via For Sale via Expressions of Interest Closing Thursday 26th March at 2PM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Julian White
0422 764 137
Chao Zhang
0411 625 068
*Approximately
Property Code: 1580
Remember to mention you found this property on DevelopmentReady
Stonebridge Property Group are pleased to present for sale 175-187 Sturt Street, Southbank.
The Property is a premier corner development site in the Melbourne Arts Precinct, permit approved for a landmark 17-storey building with 152 apartments and ground floor retail/commercial.
Key highlights of the opportunity include:
- Premier 2,076 sqm* corner landholding
- Extensive 91 m* corner frontage to Sturt Street and Miles Street
- Capital City Zone
- Permit approved for a landmark mixed-use project comprising 17 storeys and 152 apartments, comprising 12,087 sqm* NSA/NLA
- Well-considered architectural design with an apartment mix tailored to the Southbank demographic, favouring 1- and 2-bedroom apartments for young singles and couples
- Cost-efficient scheme featuring a no-basement design and uninterrupted views towards Melbourne’s CBD skyline
- Existing two-level office building totalling 1,940 sqm* NLA, offering an exceptional opportunity to reposition the asset
- Located within one of Melbourne’s most active and proven development precincts, surrounded by major developers including Cedar Woods, Novus, Time & Place and Evolve Developments
- Hyper-connected location, with the Miles Street/Sturt Street tram stop at your doorstep, 750 m* to the brand new Anzac Station, 1.2 km* to Flinders Street Station and immediate access to CityLink, St Kilda Road and Kings Way
- Positioned within Southbank’s renowned Arts Precinct, currently undergoing a $1.7 billion transformation scheduled for completion in 2028, set to significantly enhance foot traffic and economic activity
- Proximity to Melbourne’s premier lifestyle and recreational amenities, including the Royal Botanic Gardens (500 m*), Albert Park (1.2 km*), the Melbourne Sports Precinct, home to the MCG and Rod Laver Arena (1.3 km*) and Port Phillip Bay (2.7 km*)
- Moments from Southbank’s key attractions, including Yarra Promenade (900 m*), the Arts Precinct (750 m*), Crown Casino (850 m*), and the Melbourne Exhibition and Convention Centre (1 km*)
- Strong population growth outlook, with Southbank forecast to accommodate an additional 18,000 residents between 2023 and 2043 (City of Melbourne, 2023), reinforcing sustained demand for high-density residential development
- 2.5-star NABERS Energy for offices rating
175-187 Sturt Street, Southbank is offered via For Sale via Expressions of Interest Closing Thursday 26th March at 2PM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Julian White
0422 764 137
Chao Zhang
0411 625 068
*Approximately
Property Code: 1580
Remember to mention you found this property on DevelopmentReady
