South Melbourne Median PriceThe House price is 9% lower than last year. Surrounding suburbs | Map | Nearby prices | Property Description: | The site is superbly located with a substantial frontage to Kings Way and only minutes to the Melburne CBD and Crown Casino precinct. It is well serviced by public transport and Kings Way provides direct access to all of Melbourne's major arterial roads. Lemon Baxter has pleasure in offering this prime island development opportunity in the St Kilda Rd/South Melbourne precinct. Features include- - Site Area: 2000 m2 approx. - Island site with 4 street frontages - Existing two level office/ showroom generating $358,516 gross p.a. - Massive 47 m frontage to Kings Way - Potential 238 apartments under preferred 45m height limit - Close to Crown Casino and Melbourne CBD Call Paul O'Sullivan 0412 410 366 to inspect Lot/Plan No: /~22/68/3084 | Planning History: | | [27 Mar 2017] Construction of a 19 storey mixed use building with a roof terrace level and three basement levels containing 249 dwellings and retail premises; a reduction in car parking requirements and a waiver of loading requirements | Search neighbour's planning permit | Property report from Government |
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