88 Kooyong Road

The Phone Code for this property is: 21195. Please quote this number when phoning or texting. Developer's Dream - Prime Commercial 1 Land Build Shops & Apartments (STCA) Rare 413sqm site offering unlimited commercial potential. Perfect for retail, offices, or apartments above (STCA). Blue-chip exposure, ready for redevelopment. Perfect for developers and investors seeking a high-exposure project. The existing Edwardian home provides holding income while planning your vision. Positioned near Carlisle Street cafés, shops, trams, Buses and Caulfield Park, this is a rare opportunity to create a landmark mixed-use development in one of Melbourne's most tightly held locations. Develop, invest, or build - the possibilities are endless. Transformative Potential in a Prime Commercial Hub Occupying a premium commercially zoned block of approximately 413 sqm, this freestanding Edwardian residence represents an exceptional opportunity to capitalise on its outstanding commercial potential in one of the area's most dynamic and high-demand precincts. Perfectly positioned for business, mixed-use, or redevelopment, the property offers multiple pathways to maximise its value - whether transforming it into a modern office complex, a blend of retail and residential spaces, or crafting a bespoke commercial project (STCA). In the meantime, the existing home provides solid rental income, allowing you to plan and develop at your own pace. Behind its charming wraparound verandah lies a character-filled interior with high ceilings, ornate fireplaces, and a bay-windowed living room. Two spacious bedrooms, a well-appointed kitchen/meals area, a bathroom with laundry facilities, and a second toilet complete the floorplan, while a separate bungalow at the rear offers flexible use as a third bedroom, office, or studio space. Additional highlights include underground 3-phase power, two garden sheds, and a generous backyard. Set in a thriving commercial and lifestyle corridor, the location is second to none - just metres from trams and Buses to the city, vibrant Carlisle Street cafés and shops, Caulfield Park, and a host of local restaurants and conveniences. Whether you envision a flagship business address, a high-yield investment, or a transformative redevelopment, this rare offering combines timeless charm with boundless commercial potential in one of Melbourne's most sought-after locations. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.