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191-193 Carlisle Street, Balaclava, VIC, 3183
Development Approved
DETAILS
RETAIL TENANTED INVESTMENT OR DEVELOPMENT SITE WITH APPROVED PLANS FOR 5 LEVELS & BASEMENT IN A RENOWNED CAFÉ STRIP
  • Please contact the selling agents to arrange a private inspection of this property.

This blue-chip property presents a rare opportunity to secure a superbly located investment or development site with approved plans for multilevel mix residential/commercial development in the heart of Carlisle Street.

Situated on a total land area of approximately 410.9 square metres benefitting from ROW access via a wide rear laneway, the current double storey rendered brick premises currently comprises of 3 x retail shops with active long serving tenancies.

There are also approved plans and permits in place for the construction of a 5-level boutique block comprising of 8 x 2-bedroom apartments, 1 x 1-bedroom apartment, basement parking, lobby and 2 retail shops at ground level.

Whether you plan to upsize your portfolio or redevelop, you're sure to reap the significant upsides of this bustling high-profile location that's metres from Balaclava Station, on the doorstep of trams and surrounded by a plethora of restaurants, cafés, supermarkets, fresh food stores, bakeries, shops, and personal services. Note: Flexible settlement terms are available.

COVID-19 UPDATE:
Following official public health advice surrounding the coronavirus COVID-19 outbreak, and in the interest of public safety for our clients and our staff, Belle Property St Kilda kindly asks that clients entering our homes comply with the following:
* All attendees must be fully vaccinated
* Wear a mask at all times, unless an exemption applies
* Social distance - keep 1.5m between you and others
* Check in upon arrival via the unique Victorian Government QR code provided
* People can travel between regional Victoria and Metro Melbourne for inspections
* Disclose if you have a cold or any flu-like symptoms
* Disclose if you, or someone you live with, is in self-isolation because there is a reason to suspect that they have been exposed to COVID-19
* Practice good hygiene, including hand washing or applying alcohol-based sanitiser before entering the premises
* Avoid touching all fixtures, fittings and furniture within the homes during open for inspections and instead ask our agents to demonstrate the functionality of any devices if required
As always, we consider our obligations to our team, our clients and our community our first and most important priority and will continue to work closely with our advisors enabling us to remain proactive and measured, with appropriate precaution.

 

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
Private Sale:
Private Sale:
$4,650,000
Property Area
AREA:
410 m² (*approx)
Property Type
TYPE:
Commercial, Residential, Office, Other, Retail / Shopping Centre, Office, Other, Retail / Shopping Centre
Development Approved
DEVELOPMENT APPROVAL:
For 5 Levels & Basement in a Renowned Café Strip

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191-193 Carlisle Street, Balaclava, VIC, 3183

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