58-60 Wilson Street
South Yarra, VIC 3141

This rare triple fronted office and warehouse freehold is located at 58-60 Wilson Street, South Yarra, offering a unique opportunity in a premier high-density precinct. Strategically situated in a blue-chip area of South Yarra, the property is in close proximity to the significant $3.75 billion Jam Factory redevelopment, presenting excellent potential for occupation, investment, or development subject to council approval.

The property boasts a valuable landholding of approximately 500 square meters with three street frontages to Wilson, Ellis, and Palfreyman Streets, enhancing its prominence and accessibility. The commanding two-level building encompasses around 850 square meters, featuring a ground floor warehouse with roller door access and a self-contained, New York style office on the first floor.

Secure on-site garaged parking is available for five vehicles, with each level having separate access from Wilson and Ellis Streets, facilitating flexible use and tenant arrangements. The property currently generates short-term holding income, adding to its investment appeal.

Situated within the highly favorable Activity Centre Zone (ACZ), the site promotes building heights of up to eight storeys, subject to council approval, offering significant development upside. The location benefits from unrivalled surrounding retail amenities, including proximity to Chapel Street and Toorak Road shopping precincts, Como Centre, and 670 Chapel shopping centre, all within approximately 500 meters.

The property is well positioned to capitalize on the multi-billion-dollar Jam Factory redevelopment, which includes two luxury hotels, 800 apartments, a commercial office component, and a retail walkthrough linking this pocket of South Yarra to Chapel Street. Excellent public transport options are nearby, with trams operating along Chapel Street and South Yarra Station within walking distance.

This offering represents a rare chance to acquire a significant commercial asset in one of Melbourne's most sought-after precincts, combining immediate utility with substantial future potential.