420 St Kilda Rd, Melbourne

JLL and Knight Frank have the exclusive privilege of offering for sale 420 St Kilda Road, Melbourne - undisputedly one of St Kilda Road’s finest commercial investments.

Key details of the opportunity include:

The Investment

+ Iconic 11-level A Grade office tower with striking floor-to-ceiling glass façade

+ 10,435sqm* of Net Lettable Area (NLA) across highly adaptable floor plates

+ 75%* leased with a strong history of high occupancy

+ 2.3-year WALE (by income) and diverse tenant profile

+ High quality refurbishment resulting in minimal capital expenditure requirements

+ Estimated fully leased net income of $5,884,495p.a.*

+ 132* secure basement and at-grade carparks (1 bay : 79 sqm NLA)

+ 2.5 Star NABERS Energy Rating

+ High-profile landholding of 2,288sqm* zoned Commercial 1

+ Future upside including redevelopment of up to 65m*, addition of lightweight floors and change of use to residential, hotel or mixed-use+

St Kilda Road’s Premium Location – The Anzac Precinct

+ Strategically positioned 300m from the new Anzac Train Station set to open in Q4 2025

+ Surrounded by Melbourne’s best lifestyle amenity including Albert Park, Royal Botanic Gardens, Fawkner Park and more

+ Exceptional food and beverage amenity including cafes and restaurants

420 St Kilda Road, Melbourne is For Sale by International Expressions of Interest closing Thursday 5th June 2025 at 3pm (AEST).

For further information or to arrange an inspection, please contact the exclusive selling agents at JLL and Knight Frank.

JLL

Tim Carr | 0415 767 915

Josh Rutman | 0411 27 37 46

Piper Dedrick | 0422 479 523

Knight Frank

Trent Preece | 0400 504 300

Tom Ryan | 0419 786 244

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，或微信ID: Mingxuanli777

*Approx.

+ Subject to Council Approval