AMAZING CITY FRINGE DEVELOPMENT SITE

Highlights

• EXTRA VALUE-ADD OPPORTUNITY
• EXISTING INCOME WITH SIGNIFICANT UPSIDE
• PERMIT APPROVED

Description

Gorman Allard Shelton are pleased to present 4 & 6 Burnett Street, St Kilda for sale via Expressions of Interest closing Thursday 23rd June at 2pm.

A unique value-add opportunity with planning permits, located just moments from St Kilda's foreshore, comprising a 3 (three) level apartment building and adjoining 2 (two) level historic mansion.

Key features are below:
- Total Site area of 1,083 sqm
- Excellent residential value-add opportunity
- Prime location within St Kilda
- Walking distance to local amenity with Albert Park Lake, St Kilda Beach and Fitzroy Street & Acland Street Retail Strips
- Permit approved to undertake a major renovation and restoration of the mansion building into 6 high-end apartments.

For further information or to arrange an inspection, please get in contact with the exclusive selling agents at Gorman Allard Shelton today.