424 St Kilda Road, Melbourne
424 St Kilda Road, Melbourne, VIC, 3004, AU
1,131 sm
JLL Melbourne CBD Sales and Cushman & Wakefield have the exclusive privilege of offering for sale ‘Melbourne House’ – An iconic central CBD freehold with exceptional development potential.
Key details of the opportunity include:
An Iconic Melbourne CBD Freehold
+ A timeless existing building of 4,956sqm* which can be refurbished and/or repositioned to capitalise on strong occupier demand in Melbourne’s retail core
+ Versatile floorplates (avg. 826sqm*) benefit from high levels of natural lighting from the site’s prominent combined frontage of 68m* to Little Bourke Street and Whitehart Lane
+ A major corner landholding of 939sqm*
+ NABERS exempt
The Development Potential
+ Planning approval in place for a 14-storey commercial + retail project featuring 10,822sqm GFA
+ Previously permitted for a high-end 322 room hotel
+ Versatile Capital City 1 Zoning allows for a multitude of development outcomes, including hotel, living (BTS, BTR & co-living), PBSA, retail, hospitality and/or mixed-use (STCA)
Outstanding Melbourne CBD Retail Core Location
+ Located within the city’s most vibrant commercial hub, being a true 24/7 precinct endorsed by workers, students, tourists and local residents, with some of the best eateries, nightlife, shopping and tourism destinations all within a block of the site
+ A hyperconnected location within immediate proximity to the very best the city has to offer – Bourke Street Mall, Emporium Melbourne, Melbourne Central, Hardware Lane and several transport networks
*Approximately.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents:
JLL
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
MingXuan Li 李名轩 | 0498 688 998
Cushman & Wakefield
Oliver Hay | 0419 528 540
Daniel Wolman | 0412 957 839
Leon Ma | 0417 070 725