The plans, the land & the location
Begin your new chapter with this outstanding & rare opportunity with approved plans ready for immediate start. The existing house in a prized location reveals further flexibility to continue rental with an existing tenancy, live now, renovate or develop. The sale of this approximate 352m2* block portrays an exceptional investment opportunity with permits, plans & full construction package ready to go to deliver 4 modern townhouses, two x 2 bedrooms & two x 3 bedrooms (delivering an impressive development of 10 bedrooms in total)!. See the vision & take advantage of arguably the area's best address in a highly sought location only a few minutes walk to public transport, Alma Park, Chapel St, Carlisle Street, private & public schools & superb inner city & Bayside family amenities. *Approximate Title Dimensions.
St Kilda East suburb statistics
Houses*
Median sale price
$1,710,000
Quarterly price change
4.91%
Units*
Median sale price
$605,000
Quarterly price change
-0.83%
Sales insights
Auction clearance rate*
58%
Median days on market∧
27 days
Total sold properties*
78
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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