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31 Park Street, St Kilda West VIC 3182

  • 16
  • 8
  • 3

Convert to a Family compound on land of 1000 plus sqms

This entire block of eight two-bedroom apartments in the heart of St Kilda West, only meters away from Beaconsfield Parade and St Kilda Beach on a huge block of land 1031 sqms . Only 350m to Fitzroy Street, offering strong yields and capital growth as well as future development potential with scope for strata subdivision and building at the rear with direct views of the water (STCA). The apartments retain their authentic charm with high ceilings, elegant lines, and open fireplaces. Set on a level block of land with generous outdoor grounds,

The beautifully maintained solid brick property presents a unique landbank opportunity is in a prime location between St Kilda beach and Albert Park. Retain as an investment or renovate as a family compound with direct water views.

- Block of 8 large apartments on one title
- 200m walk to beautiful Catani Gardens & Beach
- Beautiful facade, original deco details
- Updated interiors
- Each with 2 bedrooms and built-ins plus balconies
- Full side drive with garages.
- Spacious living rooms, hardwood timber floors
- Spacious grounds
- Strong rental demand and income stream
- Ideal to retain as a solid income earner
- Exciting potential to add significant value
- Scope for future strata subdivision STCA
- Potential to develop STCA
- 350m walk to Fitzroy St
- Plans available to build out the back

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  • 16
  • 8
  • 3

Price Guide

Private Sale $5,950,000


St Kilda West

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