ST KILDA TOWNHOUSE SITE WITH EXISTING BLOCK OF UNITS
- Planning approval for 4 luxury townhouses
- Existing block of flats generating income
- Prime position in renowned St Kilda
Colliers International and VICPROP are pleased to present 4 Charles Street, St Kilda; an existing block of flats with the added benefit of approval for the development of luxury townhouses.
Situated in the epicentre of St Kilda only 6 kms* from Melbourne’s CBD, the site is a casual walk to renowned shop and eateries, St Kilda foreshore and the celebrated Luna Park and Palais Theatre.
The property is for sale by Auction to be held on-site on Thursday, 12th December at 11am.
Key features are noted below:
- Total site area of 397 m²*
- Existing whole block of 9 units providing immediate income generation
- Development approval for the construction of 4 luxury townhouses designed by Finnis Architects
- Favourable General Residential Zoning (GRZ1)
- Celebrated St Kilda location only moments from Fitzroy Street, Barkly Street, The Esplanade, St Kilda Foreshore, Luna Park, Palais Theatre and more
- Prosperous inner-city suburb location with a strong median house price of $1,320,000**
**Source REA Group
For more information on this permitted development site, please contact the selling agents.
Remember to mention you found this property on DevelopmentReady.com.au