Office

424 St Kilda Road, Melbourne

424 St Kilda Road Melbourne, VIC Australia 3004
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Year Built 1983
Building Area Gross
Land Area Gross ()
Rentable Area
Occupancy 50.0 %

Asset Description

ONE OF THE LAST TRIPLE FRONTED LANDHOLDINGS IN THE DOMAIN PRECICNT


JLL Capital Markets and CBRE Capital Markets are proud to present 424-426 St Kilda Road, Melbourne for sale – a landmark boulevard site with substantial existing office buildings.


Key details of the opportunity include:


+ Irreplaceable triple fronted site of 4,645sqm* with 199 metres* of combined frontage


+ Recently lapsed mixed-use town planning permit comprising 51,300sqm* GFA


+ Highly desirable Commercial 1 Zoning allowing for a multitude of development outcomes, including Build to Rent, residential, commercial office, hotel and/or healthcare (STCA)


+ Twin commercial buildings totalling 12,169sqm* NLA plus 130 basement car spaces*


+Located on Australia’s pre-eminent boulevard, St Kilda Road is the centrepiece of Melbourne connecting the CBD to bayside Melbourne


+ Iconic gateway position surrounded by high quality office, residential & hotel buildings and within walking distance to the very best Melbourne has to offer


+ Strategically located only 300 metres* from Anzac Train Station (under construction) opening in 2025


+ 0-Star NABERS Energy Rating


+ A landmark opportunity to redevelop, reposition or refurbish a true icon of the boulevard


*Approximately.


424-426 St Kilda Road, Melbourne is For Sale by International Expressions of Interest closing Thursday 1 December 2022 at 2.00pm (AEDT), if not sold prior.


To obtain further information or to arrange an inspection, please contact any member of the JLL Capital Markets or CBRE Capital Markets team.


*Approximately.


JLL Capital Markets

Josh Rutman +61 411 27 37 ...

Tim Carr +61 415 767 9...

Jesse Radisich +61 402 085 702



CBRE Capital Markets

Kiran Pillai +61 438 381 1...

Tom Ryan +61 419 786 2...

Scott McGlone +61 419 468 871

Scott Orchard +61 425 760 712


JLL Asia Markets:

中文普通话咨询物业详情,请联系Mingxuan Li李名轩。 手机: 0498 688 998, 电子邮件: Mingxuan.Li@ap.jll.com, 或微信WeChat ID: Mingxuanli777


Transaction Advisor

Advise Transact

Investment Highlights

·      Irreplaceable St Kilda Road Landholding

·      Suits Multiple Redevelopment Options

·      Quality Existing Office Buildings

Last Updated Date: 21 Nov 2022

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Last Updated Date: 21 Nov 2022

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