Positioned just moments from Melbourne's CBD, this exceptional corner allotment presents a rare opportunity to secure one of St Kilda East's most compelling development sites.
Recently subdivided from a larger holding, the prized corner component at 342 Dandenong Road is now offered to the market. Occupying approximately 626sqm, the site commands an impressive presence with extensive dual frontages of 21.35 metres to Dandenong Road and 35.33 metres to Wando Grove, delivering outstanding visibility, accessibility and design flexibility.
In a market where quality inner-city development land is increasingly scarce, this offering stands apart. Zoned General Residential Zone – Schedule 1 (GRZ1), the property provides a versatile planning framework with the significant advantage of approved plans and permits for an apartment development, enabling purchasers to fast-track their project and bypass the lengthy planning process.
For those seeking something truly bespoke, the site also offers the opportunity to create a landmark family residence in one of Melbourne's most tightly held and well-connected suburbs.
Adding further character and distinction, the property is located within a heritage overlay precinct, reflecting the rich architectural history of the surrounding neighbourhood. Combined with its prominent position along one of Melbourne's most recognised arterial boulevards, the site offers a unique blend of history, prestige and future potential.
The location is second to none. Surrounded by elite schools, renowned lifestyle destinations, public transport options and established parklands, residents will enjoy immediate access to Chapel Street, Carlisle Street, Alma Park and the Melbourne CBD.
Whether you're a developer seeking your next project, an investor looking to secure a strategic landholding, or a visionary buyer ready to create something extraordinary, opportunities of this calibre are becoming increasingly difficult to acquire.
Approved plans. Premier corner position. Blue-chip inner-city location.
For further information, please contact Jacques Khouri or Harrison Rudan of Lewin Real Estate.
