Issue 70 I The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

1,728sqm*

13-21 PALMERSTON CRESCENT | SOUTH MELBOURNE, VIC PERMIT APPROVED APARTMENT DEVELOPMENT SITE

Expression of Interest closing 3pm (AEDT) 18/03/2026

• Attractive scale of 1,728sqm* • Permit approval for 196 apartments, 11,216nsa* • Revised concept for 258 apartments, 14,232nsa • Spectacular views of the Royal Botanic Gardens, bay & city skyline • 1.75km* from Melbourne CBD

• Less than a 100m* walk from Anzac Station via permit approved laneway • Flexible Commercial 1 Zoned Land (C1Z) • Suitable for a world class build-to-sell, build to-rent, retirement & student accommodation developers • Prime location for a large-scale mixed-use apartment project

Lukas Byrns 0423 791 126

Henry Burbury 0407 686 788

*Approx

March / April 2026 – 55

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