Watch Watch
Your home of Development Ready videos
Watch Watch
Back

291-301 Carlisle Street, Balaclava, VIC 3183

+8 Photos

291-301 Carlisle Street, Balaclava, VIC 3183

Balaclava

×
+10 Photos

291-301 Carlisle Street, Balaclava, VIC 3183

Balaclava

Under Offer
291-301 Carlisle Street, Balaclava, VIC 3183

291-301 Carlisle Street, Balaclava, VIC 3183

Properties / Buy / Victoria / Balaclava
Development Potential
Property Type
Residential
Land Area
5,300 m² (*approx)
LGA
Port Phillip City
Selling Method
EOI: Contact Cushman & Wakefield Today
Show All
One of Central Balaclava’s Largest Redevelopment Opportunities
  • Total Site Area of 5,300 sqm*
  • Zoned General Residential (GRZ1)
  • Suits Owner-Occupiers & Development

Cushman & Wakefield Development Sites are pleased to present 291-301 Carlisle Street, Balaclava for sale.

This rare offering comprises one of the most substantial landholdings in central Balaclava, benefiting from favourable residential zoning, a generous site area, and existing buildings with potential for holding income - all within moments of Carlisle Street’s vibrant retail precinct and exceptional tram and train connectivity.

Key Highlights:

• Expansive 5,300 sqm* site with three street frontages, enabling potential for staged redevelopment

• Zoned General Residential (GRZ1)

• Existing buildings include an apartment building (6 units), residential house, large hall with amenities, school facilities, storage sheds and a sports oval.

• Flexible development potential including apartments, townhouses, or a combination of typologies

• Adjoining the Carlisle Street Activity Centre - a designated Major Activity Centre in Melbourne’s inner metro region, identified in state planning policy for mixed-use development and improved transport connectivity

• Outstanding connectivity via Balaclava Station on the Sandringham Line, multiple tram routes directly outside the site, and convenient access to major arterial roads

• Surrounded by a vibrant mix of amenities including Carlisle Street’s retail and dining precinct, nearby green spaces such as Hewison Reserve, and an ever-growing selection of trendy cafes and eateries in St Kilda and Elwood

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

Joe Kairouz +61 421 430 638

Hamish Burgess +61 421 641 497

* Approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

291-301 Carlisle Street Development Site Summary

Property Type
Residential
Land Area
5,300 m² (*approx)
Port Phillip City
Selling method
EOI: Contact Cushman & Wakefield Today

Development Site Highlights

One of Central Balaclava’s Largest Redevelopment Opportunities
  • Total Site Area of 5,300 sqm*
  • Zoned General Residential (GRZ1)
  • Suits Owner-Occupiers & Development

Cushman & Wakefield Development Sites are pleased to present 291-301 Carlisle Street, Balaclava for sale.

This rare offering comprises one of the most substantial landholdings in central Balaclava, benefiting from favourable residential zoning, a generous site area, and existing buildings with potential for holding income - all within moments of Carlisle Street’s vibrant retail precinct and exceptional tram and train connectivity.

Key Highlights:

• Expansive 5,300 sqm* site with three street frontages, enabling potential for staged redevelopment

• Zoned General Residential (GRZ1)

• Existing buildings include an apartment building (6 units), residential house, large hall with amenities, school facilities, storage sheds and a sports oval.

• Flexible development potential including apartments, townhouses, or a combination of typologies

• Adjoining the Carlisle Street Activity Centre - a designated Major Activity Centre in Melbourne’s inner metro region, identified in state planning policy for mixed-use development and improved transport connectivity

• Outstanding connectivity via Balaclava Station on the Sandringham Line, multiple tram routes directly outside the site, and convenient access to major arterial roads

• Surrounded by a vibrant mix of amenities including Carlisle Street’s retail and dining precinct, nearby green spaces such as Hewison Reserve, and an ever-growing selection of trendy cafes and eateries in St Kilda and Elwood

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

Joe Kairouz +61 421 430 638

Hamish Burgess +61 421 641 497

* Approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

291-301 Carlisle Street, Balaclava, VIC 3183

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 291-301 Carlisle Street, Balaclava, VIC 3183

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
Enquire