ST KILDA TOWNHOUSE SITE WITH EXISTING BLOCK OF UNITS
SOLD
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 Private Sale.
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**
*Approx
**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
Property Summary:
Development Approved
Property Type
Residential
Land Area
397 m² (*approx)
Selling method
SOLD: SOLD
Property Highlights
ST KILDA TOWNHOUSE SITE WITH EXISTING BLOCK OF UNITS
SOLD
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 Private Sale.
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**
*Approx
**Source REA Group
For more information on this permitted development site, please contact the selling agents.
Yield Calculator
Development Approved 
