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5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

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5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

Properties / Sold / Victoria / South Melbourne
Development Potential

1. Property Summary

Property Type
Residential, Child/Healthcare
Sub Type
Apartment Sites, Aged Care
Land Area
411 m² (*approx)
Selling Method
Under Offer: Contact Agent
Show All

2. Property 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

1. Property Summary

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

2. Property 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
Jing Jun Heng
Jing Jun Heng
+61 *** *** *** show +61 411 059 116
David Minty
David Minty
+61 *** *** *** show +61 422 564 199

Download Development Site Report
Jing Jun Heng
Jing Jun Heng
+61 *** *** *** show +61 411 059 116
David Minty
David Minty
+61 *** *** *** show +61 422 564 199

3. Property Location

5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205

Property Map
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4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
5 & 7 Park Street, SOUTH MELBOURNE, VIC 3205 South Melbourne
CBRE - Melbourne
CBRE - Melbourne
Level 34, 8 Exhibition Street, Melbourne, Victoria, 3000
View Agency Profile
Jing Jun Heng
Jing Jun Heng
+61 *** *** *** show +61 411 059 116
David Minty
David Minty
+61 *** *** *** show +61 422 564 199