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2. Property Highlights

A Premium Development Site in Melbourne’s Most Coveted Suburb
  • Major South Yarra corner
  • Dual street frontages of over 78m*
  • High Profile Position

Cushman & Wakefield Melbco Development Site Sales is proud to offer 290-294 Punt Road, South Yarra for sale, being one of the last major South Yarra corners.

• Super high profile major South Yarra corner site of 1,525sqm*

• Significant exposure with dual street frontages to Argo Street and Punt Road spanning a combined 78.5m*

• Positioned on the valuable home side of the road

• A lifestyle paradise – direct access to the best of South Yarra, including parks, schools, medical, hospitality, entertainment, and transport offerings

• Ideally suited for childcare, alternate use, medical, QSR or boutique residential (STCA)

• Offered with a permit pending for an outstanding childcare centre with capacity to accommodate 117* children

• Situated in the sought after Alfred Medical Precinct on a rare and exceptional corner landholding

• Prosperous suburb positioned 3.5 km* from Melbourne's CBD, boasting a Median Sale Price of $2.39 million. Anticipated data from Forecast ID suggests a projected population surge of 22.91% in South Yarra between 2024 and 2036. South Yarra currently has a $5 billion* mixed-use development pipeline underway.

• Immersed in an array of conveniences such as Fawkner Park, Alfred Hospital, Jam Factory, and Prahran Market, this location provides exceptional connectivity to South Yarra and Prahran train stations, various tram routes, walking trails, and major arterials, all conveniently located just moments away

* Approx / #STPA

** (Source: REIV December Quarter 2023)


For further information or to arrange an inspection of the property please contact exclusive selling agents Cushman & Wakefield Melbco Development Sites today.

Karim Ford | +61 492 478 830

Hamish Burgess | +61 421 641 497

George Davies |+61 421 799 489

Daniel Wolman | +61 412 957 839

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4. Property Location

290-294 Punt Road, South Yarra, VIC 3141

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5. Due Diligence

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