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605-609 King Street
West Melbourne, VIC 3003

$1,750,000 - $1,850,000

Land Size: 298 sqm
Property Type: Land
Listed Date: 24th Apr 2026
Overview

605-609 King Street, West Melbourne

This prime 298 square meter plot of land is located on Melbourne's CBD fringe, offering a unique and exciting opportunity for developers, investors, or those seeking a home office or multiple home sites. Positioned within a General Residential Zone (GRZ) and boasting a 12.81 meter frontage to King Street, the site presents versatile options for mixed-use or residential developments, subject to council approval (STCA).

The location benefits from excellent public amenities and transport links, including proximity to North Melbourne Train Station, Arden Station, city trams, and easy access to Flagstaff Gardens, Errol Street, Queen Victoria Market, Docklands Precinct, and Marvel Stadium. The vibrant Melbourne CBD is also within close reach, providing a wealth of lifestyle and business opportunities.

This land parcel is ideal for those looking to capitalize on a high-exposure site in a sought-after inner-city location. The potential for creative development is vast, limited only by the imagination and planning permissions. Whether for residential living, investment, or commercial purposes, this offering represents a rare chance to secure a valuable asset in a thriving urban environment.

Investors and developers will appreciate the strategic positioning within a growth corridor, with strong demand for quality housing and mixed-use projects. The site’s frontage and zoning allow for flexible design and development options, making it suitable for a range of projects that can cater to Melbourne’s dynamic market.

Overall, this property offers a compelling proposition for those seeking to engage with Melbourne’s inner-north real estate market, combining location, size, and zoning advantages to create a foundation for future success.

Location
605-609 King Street
West Melbourne VIC 3003
Market Insights for West Melbourne VIC 3003
New Listings (last 30 days)
2
Average price
$982,500
Lowest price
$865,000
Highest price
$1,100,000
Other properties in this postcode
603/35-43 Dryburgh Street, West Melbourne VIC 3003
$865,000
603/35-43 Dryburgh Street, West Melbourne VIC 3003
2 beds 2 baths 1 car
Archived
487 Victoria Street, West Melbourne VIC 3003
$1,050,000 - $1,150,000
487 Victoria Street, West Melbourne VIC 3003
3 beds 2 baths 1 car

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.