Kings Way Corner – 30,000,000* Cars Passing Per Year with Excellent Business Signage Ability + Development Upside

  • $5,000,000/Contact Agent

Property Description

Stonebridge Property Group, in conjunction with Premier Commercial, are pleased to present for sale Corner Kings Way and Coventry Street, 162-174 Coventry Street, South Melbourne – a high-profile Melbourne corner surrounded with all the benefits of national juggernauts and Tier 1 development projects.

The key highlights of the opportunity include:

– 763 sqm* mixed-use zoned landholding with three street frontages and direct frontage to Kings Way – one of Melbourne’s major thoroughfares connecting to the CBD

– Ideal location for businesses that require high exposure to traffic, including drive-through fast food, fuel and showroom/large format retailers, noting the property is offered vacant possession

– Located on Kings Way which boasts traffic flows of 30,000,000* cars annually via 8 lanes

– Occupied for over 30 years by the national retailer – now vacant

– Favourable mixed-use zoning with potential for a 10-level development and multiple street frontages provides scope for a future iconic residential, office or retail projects (STCA)

– Two highly versatile buildings of 494 sqm* with Kings Way, Coventry Street and laneway access & frontage

– Quality existing warehouse-style buildings with ability to reposition as office, showroom, retail or maintain spaces

– Positioned in the epicentre of a globally recognised suburb with unrivalled connectivity to the Melbourne CBD (1 km*), the iconic South Melbourne Market (670 m*) and to the world-renowned Crown Casino (850 m*)

– A rare opportunity to secure a freehold corner with untapped future potential

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and Premier Commercial.

Stonebridge Property Group:

Dylan Kilner
0459 396 341

Rorey James
0439 400 081

Chao Zhang 张超
0411 625 068

Premier Commercial:

Jason Perry
0412 560 510

* Approximately

Property Code: 1039

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