18&20 ST KILDA ROAD, MELBOURNE
Savills is delighted to offer for sale these two prime adjoining retail freeholds with significant development potential located at 18 & 20 St Kilda Road, St Kilda. Rarely is such a prime opportunity presented to the market, with premium St Kilda Road exposure, rear laneway access and favourable zoning parameters, this property offers a truly unprecedented level of upside.
Key attributes of this fantastic opportunity are:
Two adjoining retail buildings
Premium landholding of 276sq m*
High exposure St Kilda Junction location with wide frontage to St Kilda Road
Valuable rear laneway access
Prime Commercial 1 Zoning
Major development upside with potential for at least 18 levels (STCA)
Proven development location with numerous successful neighbouring projects
A superb opportunity to occupy, invest or develop
Superb location moments from some of Melbourne’s most renowned lifestyle precincts including Fitzroy Street, Albert Park Lake, Acland Street and St Kilda Foreshore
The opportunity to secure a prime landholding in such a prominent St Kilda Junction location is exceptionally rare, and accordingly we encourage all prospective purchaser to keenly consider this opportunity.