16 Sandilands Street South Melbourne VIC 3205

Stonebridge Property Group is pleased to present 16 Sandilands Street, South Melbourne, offered for sale via Public On-site Auction.

16 Sandilands Street, South Melbourne, is a highly functional and flexible dual-level office/retail building located just 2 km* south of Melbourne's CBD (opposite Albert Park Lake), ideally suited to owner occupation, investment, and development.

Key highlights of the property include:

- Prime two-level 370 sqm* building with 3 street frontages and exceptional levels of natural light

- Ability to owner-occupy immediately noting the current short-term lease arrangement, which expires in April 2025

- Within a rare Commercial 1 Zone, allowing for a variety of uses including office, residential, retail, medical or hospitality

- Existing improvements comprise a mix of partitioned and open style offices, separate male and female amenities, plus a fully equipped kitchenette on Level 1

- Ability to sublease or have 2 tenancies, noting separate access available to the ground floor

- Substantial 265 sqm* triple-fronted landholding with zoning that has a flexible height limit of up to 30 metres, offering potential for future development or an exit strategy (STCA)

- Accompanied by 4 car parks on-site and the potential to add 1 more through intelligent realignment

- Situated in the picturesque parklands of South Melbourne that surrounded by abundant amenities, including Albert Park Lake (300 m*), State Sport Centres MSAC (900 m*), Clarendon Street retail (700 m*), and Port Phillip Bay beaches (2.2 km*)

- Located within the tightly held Palmerston Crescent precinct, one of the only Commercial 1 zone areas in South Melbourne

- Strategically connected to Melbourne CBD (2 km*) via tram stops along St Kilda Road (600 m*) and Clarendon Street (550 m*), as well as the newly completed ANZAC Train Station (600 m*)

16 Sandilands Street, South Melbourne is for sale via Public On-site Auction Friday 11th April 2025 at 10AM (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Chao Zhang
0411 625 068

*Approximately

Property Code: 1210