75 Park Road, Middle ParkVIC

With 3 street frontages, is this excellent Investment/Development opportunity of a 4 storey block of 14 strata units, consisting of 12 one bedroom and 2 two bedroom apartments situated on 713 sqm* of premium Middle Park land. The unique attributes of the land size, 3 street frontages and potential building envelope of 75 Park Road stands out as one of the very few sites suitable for sizeable future development within one of Melbourne’s most valuable suburbs.

The current occupancy is a mix of both residents and investors with the building being 100% occupied, providing the added bonus of passive income potential until redevelopment.

Attributes of this unrivalled opportunity are:
- Massive Land Area of 713 sqm*
- 4 storey building envelope
- 14 Strata Titled one and two bedroom units to be sold as a whole
- 14 on site car spaces
- Sensational development potential
- Neighbourhood Residential Zoning 1
- 3 street frontages
Park Road 20m* – Fraser Street 32.8m* -Neville Lane 26.2m*
Adjoining Boundary line 36.1m*

Ideally located within easy walking distance to the Middle Park Village, tram and light rail access to CBD, Middle Park Beach, St Kilda Beach, St Kilda Foreshore Precinct with its Restaurants, cafes, bars, and located in the highly sought after Albert Park College Zone. Everything you could possibly need within 10 minutes’ walk or drive of this amazing property.

Build your trophy home, redevelop or just land bank with future choices in mind in Australia’s most valuable Real Estate market on a per sqm basis.

No warranty is offered in relation to any potential purpose or use, current or future. All measurements are a guide only. Interested parties are advised to seek independent advice prior to proceeding. - “*” approximately