Kings Way Corner – 30,000,000* Cars Passing Per Year with Excellent Business Signage Ability + Development Upside
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 ??
0411 625 068
Premier Commercial:
Jason Perry
0412 560 510
* Approximately
Property Code: 1039