Land

12-14 Duke Street, St Kilda

12-14 Duke Street St Kilda, VIC Australia 3182
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Land Area ()

Property description

JLL Melbourne are pleased to have the exclusive privilege of offering for sale this unique development site at 12-14 Duke Street, St Kilda.


Key details of the opportunity include:


  • A strategic bayside landholding of 1,166sqm with prominent frontage to Duke Street.
  • Permit approved for a meticulously designed townhouse project featuring a total GFA of 2,233sqm*, designed by renowned Bruce Henderson Architects.
  • Favourable planning controls permits a wide variety of residential outcomes, including boutique apartments and/or reconfiguration of townhouses.
  • Firmly entrenched within one of Melbourne’s most distinctive lifestyle locations in St Kilda, a vibrant precinct underpinned by renowned St Kilda beach, Acland & Carlisle Street retail precincts and numerous eateries that line the foreshore.
  • Unparalleled access to the Melbourne CBD and surrounding suburbs via Balaclava Train Station and nearby tram/bus services operating along Carlisle Street and St Kilda Road.
  • An exceptional opportunity to secure what is one of few permitted bayside opportunities to hit the market in 2021!

 

12-14 Duke Street is For Sale via International Expressions of Interest closing on Wednesday 11 August 2021 at 2pm (AEST).

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

Josh Rutman | 0411 27 37 46 

Tim Carr | 0415 767 915 

Nick Peden | 0402 011 266

Mingxuan Li 李名  | 0498 688 998



*Approximate

Investment highlights

·        Permitted bayside landholding

·        Suits townhouses and apartments (STCA)

·        Melbourne’s most iconic lifestyle locale

Last Updated Date: 17 Jul 2021
Josh Rutman
Josh Rutman
Senior Director, Capital Markets Head of Middle Markets & Metropolitan Investments – Victoria
Tim Carr
Tim Carr
Executive - Middle Markets

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Last Updated Date: 17 Jul 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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