Permit approved development site within St Kilda East
210 Alma Road, St Kilda East, VIC

 

A permit approved landholding at 210 Alma Road, St Kilda East has been listed for sale by Stonebridge Property Group represented by Julian White, Shawn Luo and Jacob Biviano. The development site is permit approved for six (6) well designed townhouses and occupies a prime location within St Kilda East.

The property is situated only 150 m* from Orrong Road retail strip, that includes a Woolworths Metro and well-known café Common Room. Malvern Central Shopping Centre (1.6 km*) & Inkerman Street retail strip (1.25 km*) provide more substantial retail options. A tram line is only 400 m* away at the intersection of Orrong Road/Dandenong Road.

Located within a growing suburb which has experienced a median house price increase of 6.1% over the past 12 months^, illustrating high demand in the area. The property has potential for alternate uses including apartments, medical or child care (STCA). Additional benefits include outstanding parklands Alma Park West (1.1 km*) and Caulfield Park (1.65 km*).

“The permit approved townhouses have been well designed, with at grade car parking, and offer an excellent alternative to buyers that can not afford to purchase a freestanding home in this Caulfield North/St Kilda East prime residential precinct” said Stonebridge National Partner, Julian White.

210 Alma Road, St Kilda East is for sale via Public Expressions of Interest closing Thursday 24th November 2022 at 2:00pm (AEDT). 

*Approximately

^https://reiv.com.au/market-insights/suburb/st%20kilda%20east

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