OVERVIEW

Cushman & Wakefield Development Sites are pleased to present 291-301 Carlisle Street, Balaclava for sale via Expressions of Interest (EOI), closing Thursday, 4 December at 2:00 PM (AEDT).

This rare offering comprises one of the most substantial landholdings in central Balaclava, benefiting from favourable residential zoning, a generous site area, and existing buildings with potential for holding income - all within moments of Carlisle Street’s vibrant retail precinct and exceptional tram and train connectivity.

Key Highlights:

•  Expansive 5,300 sqm* site with three street frontages, enabling potential for staged redevelopment
• Zoned General Residential (GRZ1)
• Existing buildings include an apartment building (6 units), residential house, large hall with amenities, school facilities, storage sheds and a sports oval.
• Flexible development potential including apartments, townhouses, or a combination of typologies
• Adjoining the Carlisle Street Activity Centre - a designated Major Activity Centre in Melbourne’s inner metro region, identified in state planning policy for mixed-use development and improved transport connectivity
• Outstanding connectivity via Balaclava Station on the Sandringham Line, multiple tram routes directly outside the site, and convenient access to major arterial roads
• Surrounded by a vibrant mix of amenities including Carlisle Street’s retail and dining precinct, nearby green spaces such as Hewison Reserve, and an ever-growing selection of trendy cafes and eateries in St Kilda and Elwood

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

Joe Kairouz +61 421 430 638

Hamish Burgess +61 421 641 497

* Approx