313-317 Kings Way,
South Melbourne, VIC 3205

Savills is delighted to offer for sale this incredible 3-level freehold which is positioned on a super rare South Melbourne island landholding at 313-317 Kings Way (Corner Kings Place & Cobden Street).

Key attributes of this fantastic opportunity are:

• Boutique 3-level South Melbourne building within the prized Domain Precinct
• Ultra-rare island landholding with frontages to Kings Place, Cobden Street & Kings Way
• 15 fully leased residential apartments + extremely prominent and high exposure rooftop signage
• Secure ground level parking for 6 cars
• Total Rental: $218,409 per annum* + GST
• Significant rental upside potential (with the rooftop signage only generating a fraction of market potential rental)
• One of South Melbourne’s only island landholdings providing abundant natural light and view lines
• Mixed Use Zone providing for 60m development height potential (STCA)
• Positioned in a high-rise development hot spot with a number of nearby projects underway
• Strong existing cash flow with potential to capitalise on the significant rental/ development upside potential
• A superb South Melbourne location just moments from the future Anzac Train Station/Domain Tram Interchange, the Royal Botanic Gardens and Albert Park Lake

*Approximate.

For further information please contact:
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...