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SOLD
5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205
Development Potential
DETAILS

HOTEL, RESIDENTIAL OR OFFICE DEVELOPMENT POTENTIAL

+ Suitable for high end residential /mixed use development, hotel

or commercial office (STCA)

+ Tremendous development potential with favourable height

allowance of 60m (STCA)

+ Dual access available via generous frontage onto Park

Street and rear laneway

+ Flexible 409sqm* Commercial l Zone landholding over two title allotments

+ Existing improvements generating after land tax net

income of $153,059 per annum*

+ Positioned amongst established high rise residential and

commercial towers underwriting

+ Premier Park Street position less than 150m* walk to Domain

Interchange tram stop, St Kilda Road and Royal Botanic Gardens

+ Expansive dual street frontage via Park Street & rear laneway

For more information please contact the exclusive sales and marketing agents.

Julian White

+61 422 764 137

David Minty

+61 422 564 199

Chao Zhang

+61 3 8621 3576

*approx

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
Under Offer:
Under Offer:
Contact Agent
Property Area
AREA:
411 m² (*approx)
Property Type
TYPE:
Residential, Child/Healthcare, Apartment Sites, Aged Care, Office, Apartment Sites, Aged Care, Office
Development Potential
DEVELOPMENT APPROVAL:
Residential / mixed use development, hotel, commercial office or vertical aged care / retirement living (STCA)

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5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

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