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

  • Vacant possession

  • 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.