Cushman & Wakefield are pleased to present 322-332 St Kilda Road, St Kilda for Private Sale.
Key property highlights include:
- Significant high‑exposure landholding of 2,872sqm* in a tightly held commercial precinct, with over 64 metres of combined street frontage, providing scale, prominence and long-term strategic control in a tightly held lifestyle precinct.
- Short-term holding income with a pathway to Vacant Possession ideal for owner-occupiers, value-add, repositioning buyers and developers seeking flexibility.
- Rare on-grade car parking with 34 spaces. A critical differentiator. On-site parking of this scale is exceptionally scarce in St Kilda and materially enhances appeal to medical operators, self-storage, allied health, showrooms, education and corporate HQ users
- Dual street frontage for brand exposure. Approx. 33m to St Kilda Road and 31m to Pakington Street enables strong signage presence, separate customer and staff access, multi-tenant or campus-style configuration and flexible repositioning outcomes
- Flexible zoning supports multiple use cases. Commercial 1 and Mixed Use Zoning provides broad flexibility including medical centres & specialist clinics, allied health & wellness, large format retail, storage, education & training, creative studios, corporate headquarters, fitness / lifestyle operators and residential development.
- Existing improvements comprise 10 strata office suites with extensive common areas, providing various adaptive reuse possibilities.
- Unmatched lifestyle & amenity, walking distance to Carlisle Street, Fitzroy Street, Acland Street and various public transport routes – a genuine staff and client drawcard.
- Major long term development upside (contextually 5-6 levels) with minimal restrictive covenants and strong surrounding precedent. This underpins long-term land value protection.
For Private Sale
For further details, please contact the team at Cushman & Wakefield Development Sites:
Daniel Wolman | +61 412 957 839
Hamish Burgess | +61 421 641 497
Leon Ma 马海翔 | +61 417 070 725
*Approximate
- Inner East Melbourne
