Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

PRIME SOUTH MELB DEV OPPORTUNITY, 219-221 Park Street, South Melbourne, VIC 3205

+15 Photos

PRIME SOUTH MELB DEV OPPORTUNITY, 219-221 Park Street, South Melbourne, VIC 3205

South Melbourne

×
Sold Check
+17 Photos

PRIME SOUTH MELB DEV OPPORTUNITY, 219-221 Park Street, South Melbourne, VIC 3205

South Melbourne

SOLD
PRIME SOUTH MELB DEV OPPORTUNITY, 219-221 Park Street, South Melbourne, VIC 3205

PRIME SOUTH MELB DEV OPPORTUNITY, 219-221 Park Street, South Melbourne, VIC 3205

Properties / Sold / Victoria / South Melbourne
Development Potential
Property Type
Commercial, Residential, Mixed Use
Sub Type
Office, Land Site, Apartment Sites
Land Area
1,012 m² (*approx)
Zoning
Commercial 1 (C1)
Local Government
Port Phillip
Selling Method
Expressions of Interest: Closing on Wednesday, 28th February 2024, at 12 Noon
Show All
Prime South Melbourne Development Opportunity
  • South Melbourne Development 1,011sqm*
  • High Profile Location
  • Massive Development Opportunity

PRIME SOUTH MELBOURNE! A VERY RARE OPPORTUNITY!

Lemon Baxter is proud to present for sale one of the last C1 Zoned Development Sites in South Melbourne, boasting an expansive size of over 1,000sqm.

Key attributes of the offering include:

• Site area 1,011sqm*

• Commercial 1 Zoning, ideal for office, residential, or mixed use

• Net lettable area (NLA) 620sqm*

• Onsite car parking

• Forum Architects have conducted a preliminary study on the site and suggest that a multi level office, residential, or mixed-use complex could be developed. (STCA)

• Enveloped by a diverse blend of residential apartments, commercial offices, and abundant lifestyle amenities

• Proximity to notable landmarks such as the South Melbourne Market, Clarendon Street Shopping Precinct, Albert Park Lake, and direct access to Crown Casino (10 min walk) and tram to Southern Cross Railway Station from Clarendon Street.

• PRIME SOUTH MELBOURNE LOCATION – A unique opportunity that will not repeat!

The property is available for sale through International Expressions of Interest, closing on Wednesday, 28th February 2024, at 12 Noon.

For further information or to arrange an inspection, please contact the Exclusive Sales & Marketing Team at Lemon Baxter.

| Chris Curtain - 0418 335 572

| Paul O’Sullivan - 0412 410 366

| Bill Makris - 0430 869 579

*Approximately

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

219-221 Park Street Development Site Summary

Property Type
Commercial, Residential, Mixed Use
Sub-type
Office, Land Site, Apartment Sites
Land Area
1,012 m² (*approx)
Commercial 1 (C1)
Local Government
Port Phillip
Selling method
Expressions of Interest: Closing on Wednesday, 28th February 2024, at 12 Noon

Development Site Highlights

Prime South Melbourne Development Opportunity
  • South Melbourne Development 1,011sqm*
  • High Profile Location
  • Massive Development Opportunity

PRIME SOUTH MELBOURNE! A VERY RARE OPPORTUNITY!

Lemon Baxter is proud to present for sale one of the last C1 Zoned Development Sites in South Melbourne, boasting an expansive size of over 1,000sqm.

Key attributes of the offering include:

• Site area 1,011sqm*

• Commercial 1 Zoning, ideal for office, residential, or mixed use

• Net lettable area (NLA) 620sqm*

• Onsite car parking

• Forum Architects have conducted a preliminary study on the site and suggest that a multi level office, residential, or mixed-use complex could be developed. (STCA)

• Enveloped by a diverse blend of residential apartments, commercial offices, and abundant lifestyle amenities

• Proximity to notable landmarks such as the South Melbourne Market, Clarendon Street Shopping Precinct, Albert Park Lake, and direct access to Crown Casino (10 min walk) and tram to Southern Cross Railway Station from Clarendon Street.

• PRIME SOUTH MELBOURNE LOCATION – A unique opportunity that will not repeat!

The property is available for sale through International Expressions of Interest, closing on Wednesday, 28th February 2024, at 12 Noon.

For further information or to arrange an inspection, please contact the Exclusive Sales & Marketing Team at Lemon Baxter.

| Chris Curtain - 0418 335 572

| Paul O’Sullivan - 0412 410 366

| Bill Makris - 0430 869 579

*Approximately

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

PRIME SOUTH MELB DEV OPPORTUNITY, 219-221 Park Street, South Melbourne, VIC 3205

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of PRIME SOUTH MELB DEV OPPORTUNITY, 219-221 Park Street, South Melbourne, VIC 3205

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
PRIME SOUTH MELB DEV OPPORTUNITY, 219-221 Park Street, South Melbourne, VIC 3205 South Melbourne
Lemon Baxter
Lemon Baxter
Level 26, 2 Southbank Boulevard, Southbank VIC 3006