61-65 Palmerston Crescent South Melbourne VIC 3205

Cushman & Wakefield Development Sites are pleased to present 61-65 Palmerstone Crescent, South Melbourne for sale via Expressions of Interest closing Friday 6 December 2024 at 12:00pm (AEDT).
Unlock one of South Melbourne's last prime development opportunities. Unbeatable Location and Approved Permit.

Key Development Highlights:

- Permit-Approved: Benefit from existing permit for a high-end boutique office development, spanning 10 levels with city skyline views.
- Prime Commercial 1 Zoning: Flexible zoning allows for diverse development possibilities, including residential, office, hotel, or co-living (STCA), catering to a wide range of investor goals.
- Premium Corner Site with Triple Frontage: The 620sqm* site boasts three street frontages, enhancing visibility, accessibility, and development potential in Melbourne's most sought-after city-fringe location.
- Architectural Excellence: Residential plans by Elenberg Fraser and office plans by Clarke Hopkins Clarke provide for modern, sustainable designs suited to South Melbourne's evolving skyline.
- Strong Demand Location: Positioned in South Melbourne, a rapidly growing suburb favoured by professionals and families, with a projected 14.4% population growth from 2022 to 2041.
- Nearby Iconic Melbourne Landmarks: Close to the Royal Botanic Gardens, Albert Park Lake, and South Melbourne Market, offering prospective tenants and residents a lifestyle-rich environment.
- Exceptional Public Transport Access: Only 200m from the upcoming Anzac Train Station and well-connected by nearby tram routes, offering convenient CBD access and high tenant appeal.
- High-Visibility and Natural Light: Dual laneway access and a combined 98-meter street frontage offer exceptional layout flexibility, natural light, and protected views from any redevelopment.

*Approx.

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

DANIEL WOLMAN +61 412 957 839
OLIVER HAY +61 419 528 540
LEON MA +61 417 070 725