CBRE are delighted to present For Sale 245 St Kilda Road, St Kilda, a highly prominent dual level freestanding office complex eminently positioned to cater to future occupiers, value add investors or developers alike.
The property is improved as a superior quality freestanding office on a significant and versatile underlying landholding, with 143m* of total street frontage in and in demand and rapidly developing growth precinct.
Key property highlights are summarised below:
+ A superior quality freestanding office of 2,583sqm*, benefitting from comprehensive recent refurbishment works and capacity for on site undercover parking for seventy (70) vehicles
+ A significant and highly versatile underlying landholding of 3,495sqm*, eminently suited for various future development realisation incentives (STCA)
+ Highly prominent total frontage of 92m* to St Kilda Road, renowned as Melbourne's key arterial thoroughfare to the established boulevard commercial precinct and CBD
+ Hyper connected positioning to established surrounding residential, retail and commercial infrastructure in a high growth location underpinned by growth of 8.00%* over the last 5 years
+ One of St Kilda's most preeminent office offerings, underpinned by significant future upside in a location favoured by some of Australia's most prominent developers including Gurner Group, Gamuda Land & Orchard Piper
245 St Kilda Road is formally offered via International Expressions of Interest campaign closing Friday 28th March at 2:00pm (AEDT)
Parties with enquiries or requests for further information are encouraged to contact the exclusive sales agents below:
Nick Peden
+61 402 011 266
nick.peden@cbre.com
Trent Hobart
+61 433 196 452
trent.hobart@cbre.com
David Minty
+61 422 564 199
david.minty@cbre.com.au
* Denotes Approximate
* City of Port Phillip
