Savills | 313-317 Kings Way, SOUTH MELBOURNE | Property for sale
297 sq m
Price on application

313-317 Kings WaySOUTH MELBOURNE

  • Sold

Key features

  • Fully Leased 3-level Building
  • 15 Apartments + Prominent Rooftop Signage
  • Significant Future Development Potential

Incredible South Melbourne Freehold Set on a Valuable Island Landholding

About this property

  • Key attributes of this fantastic opportunity are:

    • Boutique 3-level South Melbourne building within the prized Domain Precinct
    • Ultra-rare island landholding with frontages to Kings Place, Cobden Street & Kings Way
    • 15 fully leased residential apartments + extremely prominent and high exposure rooftop signage
    • Secure ground level parking for 6 cars
    • Total Rental: $218,409 per annum* + GST
    • Significant rental upside potential (with the rooftop signage only generating a fraction of market potential rental)
    • One of South Melbourne’s only island landholdings providing abundant natural light and view lines
    • Mixed Use Zone providing for 60m development height potential (STCA)
    • Positioned in a high-rise development hot spot with a number of nearby projects underway
    • Strong existing cash flow with potential to capitalise on the significant rental/ development upside potential
    • A superb South Melbourne location just moments from the future Anzac Train Station/Domain Tram Interchange, the Royal Botanic Gardens and Albert Park Lake

    *Approximate.

    For Sale by Expressions of Interest closing Tuesday 20 April at 2pm.

    For further information please contact:

    Jesse Radisich - 0402 085 702
    Nick Peden - 0402 011 266
    Mark Stafford - 0404 401 053
    Benson Zhou - 0458 488 888

Available space

LevelTenancySale TypePriceAreaSqmStatus
n aExpression of Interest297.00sq mSold