• For Sale
  • Hotels
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
THE HEART OF ST KILDA
Colliers International have the absolute pleasure of offering the former St Martins Place Hotel, 374 St Kilda Road, St Kilda for Private Sale.

The property is exceptionally well located in the inner-city suburb of St Kilda with frontage to the main thoroughfare of St Kilda Road (Nepean Highway) and benefits from an increasingly rare 24 hour liquor licence. With the potential to owner occupy or re-lease the premises, the property has the ability to re-commence operating with little to no improvements required.

Alternatively, the 517m² site provides three street frontages and Commercial 1 zoning allowing for a multitude of future uses (STCA).

Key Highlights:
•Flexible Commercial 1 Zoning provides potential for a multitude of development outcomes including residential, office, hotel, retail or other (STCA)
•DDO24 provides development guidelines and a preferred building height of 13m* (STCA)
•Large double-storey corner freehold building provides the foundations for a high quality venue
•Rare 24-hour liquor licence allowing for on and off premise sales
•Corner site of 517m² with three street frontages totalling 64 metres*
•Strong performing residential suburb with a median apartment price of $540,000 and median house price of $1,375,000
•High quality position on St Kilda Road provides unrivalled business exposure to any future occupant
•Well positioned in St Kilda with close proximity to major retail and lifestyle strips including Carlisle Street, Acland Street and St Kilda foreshore
•Excellent transport amenity with Buses and Trams passing the property, and easy access to the Melbourne CBD

For Sale by Expressions of Interest, closing Wednesday 8th April at 3pm.

For further information on this opportunity, please contact the selling agents below.

*Approximately

Features

12a_TotalArea_M_A
Total Area - M
Large corner site of 517m²
01_NetIncome
Net Income
Flexible Commercial 1 Zoning
9_Vacancy
Vacancy / Occupancy
Owner Occupiers, Investors & Developer

Property Details