FOR SALE
Prime South Melbourne Property to Either Owner Occupy, Invest, or Both
NAI Harcourts Balwyn Commercial proudly presents 29-33 Palmerston Crescent,
South Melbourne. An exceptional offering of a city fringe land / 5 level building freehold.
Situated on the high-growth frontier, this property boasts the following key attributes:
Exceptional Location: Strategically positioned on land 640sqm*. Building 2570 sqm* including parking area.
Zoning: Commercial 1 Zoning.
Multiple Street Frontages: Faces Palmerston Crescent, Palmerston Place, and rear lane.
Existing Improvements: Features substantial existing improvements, including secure undercover car parking for 24 cars on the ground level.
Flexible Office Spaces: Existing 4 levels of commercial office floor plates with open plan and separate office areas each with kitchen, bathroom amenities, lift and excellent natural light from all sides.
Unlimited Potential: Rapidly developing zone with future development/conversion potential for elite residential, hotel, medical, or commercial outcomes (STPA).
Proximity to ANZAC Underground Train Station: A short walk to the new ANZAC underground Train Station on St Kilda Road.
Nearby Amenities: Minutes away from vibrant Clarendon Street and the renowned
South Melbourne Market, offering an eclectic mix of restaurants, cafes, and shopping.
Lifestyle Access: Excellent connectivity to lifestyle amenities, including Albert Park Lake, the Royal Botanic Gardens, and MSAC.
(*Approximate measurements)
For further details and inspections, contact Craig Corby at 0433 587 168 and Angie Gao at 0451 008 168.