A rare landholding of prestige and potential, this prime Port Melbourne parcel promises both lifestyle privilege and outstanding investment rewards. Between the city and the bay, footsteps from Bay Street’s thriving café and retail precinct, it offers a landmark opportunity to shape a modern family masterpiece or boutique residential development (STCA) in one of Melbourne’s most tightly held urban settings.
With a rich history as former horse stables, the site lends itself to one luxurious six-bedroom, five-bathroom residence, complete with a four-car subterranean garage and panoramic rooftop garden. Equally compelling, the option exists to deliver a pair of cutting-edge town residences, each with five bedrooms, four bathrooms, a private two-car garage below ground and a rooftop retreat with sweeping views.
Key features:
- Architect plans available for 1 luxury home or 2 substantial town residences
- Two titles, 21 & 23 Lalor Street, with rare double frontage
- Flexible dual access from prominent street front or wide rear laneway
- Footprint just under 200 sqm, in line with blue-chip Port Phillip allotments across Port Melbourne, Middle Park & Albert Park
- Only 140m from Bay Street’s cafés, restaurants and retail
- A short 500m stroll from Port Melbourne’s pristine swimming beach
- Quick city connection: 11 minutes by light rail or 2.5km by car
- Strong capital growth, averaging 9.5% per annum
- End product projections exceeding 25% ROI
- Terms tailored to suit your plans
Opportunities of this calibre are increasingly scarce. With prized dual access, a premier footprint, and a location where lifestyle and growth converge, this address is poised to become a contemporary showpiece. Secure your place at the forefront of a changing streetscape and make your mark in a location where investment certainty and architectural excellence go hand in hand.
For more information about this prime development opportunity please contact Andrew Campbell at Buxton Brighton on 0419 366 545.
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