Name: 20 Pakington Street, St Kilda, VIC 3182
Address: 20 Pakington Street , VIC, St Kilda, VIC, 3182
Telephone: +61 421 559 992

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20 Pakington Street, St Kilda, VIC 3182

Properties / Buy / Victoria / St Kilda

Development Approved

1. Property Summary

Property Type

Residential, Commercial

Sub Type

Apartment Sites, Office, Other

Land Area

489 m² (*approx)

Selling Method

Private Sale: $1,950,000

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2. Property Highlights

MORTGAGEE SALE: Prized Permit Approved St Kilda Apartment Site

Mortgagee Sale
Permit Approved Apartment Development
Prime St Kilda Location

Stonebridge Property Group is pleased to present for sale 20 Pakington Street, St Kilda.

The Property is permit approved for a 5-level apartment development, comprising 18 dwellings.

Offering developers an excellent opportunity to acquire a completely cleared and shovel ready landholding, in a prime St Kilda location with world-class surrounding amenity and underpinned by an extremely strong residential market with high demand for apartments.

The key highlights of the opportunity include:

- Permit approved for 5-storey apartment building, comprising 18 dwellings

- Flexible Mixed-Use Zone allowing alternate development outcomes including office, food and drink premises etc. (STCA)

- Shovel ready landholding of 489 sqm*

- Prime St Kilda location with outstanding retail amenity via Inkerman Street ALDI (adjacent), bustling Carlisle Street (240 m*), Chapel Street (250 m*) and Acland Street (750 m*) as well as Coles Balaclava (450 m*)

- Nearby iconic attractions including St Kilda Botanical Gardens (500 m*), St Kilda Beach (1.2 km*) and St Kilda Marina (1.4 km*)

- Home to renowned dining institutions, Post Office Club Hotel (200 m*), Village Belle Hotel (750 m*), Donovan’s (1.1 km*), Stokehouse (1.2 km*) and Hotel Esplanade (1.3 km*)

- Excellent public transport amenity with Balaclava Train Station only 650 m* away and St Kilda Road trams (120 m*) providing direct access to Melbourne CBD

- Residents have access to outstanding education institutions, St Kilda Primary School (450 m*), St Michaels Grammar School (800 m*) and Caulfield Grammar School (1.8 km*)

- St Kilda’s residential market is strong, underpinned by a median house price of $1,550,000 (REIV 2024)

20 Pakington Street, St Kilda is offered for Private Sale. To obtain further information, or to arrange an inspection, please contact the exclusive selling agents:

Andrew Milligan

0421 559 992

Julian White

0422 764 137

Chao Zhang 张超

0411 625 068

*Approximately

Property Code: 1127

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