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5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

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5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

South Melbourne

5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205
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5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

South Melbourne

SOLD
5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

Properties / Sold / Victoria / South Melbourne
Development Potential
Property Type
Residential, Health/Medical
Sub Type
Apartment Sites, Aged Care
Land Area
411 m² (*approx)
Selling Method
Under Offer: Contact Agent
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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

Read More
Development Potential

5 & 7 Park Street Development Site Summary

Property Type
Residential, Health/Medical
Sub-type
Apartment Sites, Aged Care
Land Area
411 m² (*approx)
Selling method
Under Offer: Contact Agent

Development Site Highlights

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

Read More
Development Potential
David Minty
David Minty
+61 *** *** *** show +61 422 564 199
David Minty
David Minty
+61 *** *** *** show +61 422 564 199

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5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

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Property Location of 5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

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Report Contains

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5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205 South Melbourne
CBRE - Melbourne
CBRE - Melbourne
Level 34, 8 Exhibition Street, Melbourne, Victoria, 3000
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David Minty
David Minty
+61 *** *** *** show +61 422 564 199