Permit Approved Residential Development Opportunity in Coveted Prahran
Colliers and Knight Frank are proud to present ‘Club Tivoli’ Cnr Chomley Street & Dandenong Road, Prahran For Sale via Expressions of Interest closing Friday 14 March 2025 at 2pm (AEDT).
This incredible triple-fronted landholding, spanning approximately 3,085 sqm*, is permit-approved for the development of a premium residential offering, complementing this exceptional inner Melbourne location.
Key site highlights include:
- Rare permit-approved site in Stonnington for a 6-level redevelopment
- Exceptional view lines available, including CBD skyline and bay views
- Current permit allows for 5,876 sqm* of NSA across 56 large liveable apartments, prime ground floor Commercial (Place of Assembly) of 771 sqm* (total NSA 6,647 sqm*) and basement car parking
- Alternate schemes available for a full residential redevelopment (STCA)
- Significant Prahran landholding of 3,085 sqm*
- Triple street frontage making for an efficient redevelopment
- The approved permit includes a designated the ground-level accommodation as a ‘Place of Assembly Use’, proposed to include a 24hr ‘full club license’
- Excellent access to public transport, with the tram stop immediately opposite the property providing direct and convenient access to Chapel Street, Albert Park, Fitzroy Street, and all the way to Melbourne CBD via St Kilda Junction
The strong demand for the immediate area is underpinned by the following lifestyle fundamentals:
- The site is located on the periphery of the famous Chapel Street lifestyle precinct offering an abundance of incredible dining choices including the famed Henrietta’s, Freddy’s, Tokyo Tina, Mr. Miyagi, Hawker Hall and Hanoi Hannah all within a short distance
- Being the ultimate lifestyle location, future residents can get their morning coffee and gourmet groceries at Morning Market, venture into the bustling Prahran Market or rely on the convenience of Jenny’s Milk Bar, only a 5min walk down the leafy Chomley Street
- This location also offers a boutique suburban feel being so close to the prime Malvern Road “Hawksburn Village” and the lively High Street
With such strong fundamentals, this rare property is your opportunity leave your mark on Prahran.
For further information, please contact the selling agents at Colliers and Knight Frank:
Colliers
Jozef Dickinson - 0402 678 888
Philip Heberling - 0448 955 275
Alex Browne - 0418 350 545
Knight Frank
Stephen Kelly - 0407 320 377
Tom Ryan - 0419 786 244
Nick Bisset - 0437 748 120
*Approx
**Outlines are indicative
Remember to mention you found this property on DevelopmentReady
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