Prime South Melbourne Property to Either Owner Occupy, Invest, or Both
NAI Harcourts Balwyn Commercial is proud to present 29-33 Palmerston Crescent, South Melbourne-an exceptional city-fringe land and five-level building freehold opportunity. Located in a high-growth area, this property offers an array of key features:
- Prime Location: Situated on a 640sqm* land parcel, with a building area of 2,570sqm*, including dedicated parking.
- Zoning: Zoned Commercial 1, offering a range of possibilities.
- Multiple Street Frontages: Prominently facing Palmerston Crescent, Palmerston Place, and a rear lane for enhanced accessibility.
- Substantial Existing Improvements: The property includes significant improvements, such as secure undercover parking for 24 vehicles on the ground level.
- Flexible Office Spaces: Four levels of adaptable office floorplates, each featuring open-plan areas, private offices, kitchen and bathroom amenities, a lift, and abundant natural light from all sides.
- Unlimited Potential: Located in a rapidly developing zone, with potential for future residential, hotel, medical, or commercial conversions (STPA).
- Proximity to ANZAC Underground Train Station: Just a short walk to the newly completed ANZAC underground train station on St Kilda Road.
- Nearby Amenities: Only minutes from vibrant Clarendon Street and the iconic South Melbourne Market, offering a wide range of restaurants, cafes, and shopping.
- Lifestyle Access: Excellent access to lifestyle amenities, including Albert Park Lake, the Royal Botanic Gardens, and MSAC.
- This is a rare opportunity to secure a premium property with exceptional potential in one of Melbourne's most sought-after locations.
(*Approximate measurements)
For further details and inspections, contact Craig Corby at 0433 587 168 and Angie Gao at 0451 008 168.
Added 26 September, 2024
Property ID: #L29834733
