12/15 Inkerman Street, St Kilda, Vic 3182

Expressions of Interest Closing 1st June at 5PM

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 12/15 Inkerman Street, St Kilda, Vic 3182)

Expressions of Interest Closing 1st June at 5PM

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A versatile warehouse-style apartment in St Kilda offering exceptional design potential, flexible zoning, and prime location for living, working, or investing.

🏡 Property Highlights

  • Expansive 168sqm warehouse-style space with industrial design elements
  • Fully fitted kitchen and bathroom ready for transformation
  • Flexible Commercial 1 Zone allowing for residential, creative, or business use
  • Separate office/studio zones ideal for professionals or creatives
  • Secure car space included for convenience
  • Prime location near Carlisle Street, Chapel Street, and public transport

✨ Key Features

  • Open-Plan Living
  • Garage
  • Waterfront / Views
  • Home Office / Study
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • Built-in Robes

St Kilda is a vibrant seaside suburb renowned for its lively atmosphere, eclectic cafes, and iconic beaches. It offers excellent public transport links, a diverse cultural scene, and a strong community vibe. The area is perfect for those seeking a dynamic lifestyle with easy access to entertainment, dining, and outdoor activities. Its proximity to major city hubs makes it ideal for professionals and creatives alike.

Can I convert this warehouse space into a fully residential apartment?
Yes, the space is suitable for a residential conversion, and with its fully fitted kitchen and bathroom, it provides a strong foundation for creating a bespoke inner-city residence.
What are the zoning implications for using this property as a business?
Located within a Commercial 1 Zone, the property offers flexibility for various professional uses, including creative studios, design offices, or boutique businesses.
Is there parking available on-site?
Yes, the property includes one secure car space for added convenience.
What is the potential rental income for this property?
The estimated potential return ranges from $70,000 to $90,000 per annum, depending on the final configuration and usage.
Are there any restrictions or approvals needed for renovation or commercial use?
Any modifications or commercial activities should comply with local planning regulations and zoning requirements; it is advisable to consult with local authorities for specific approvals.
Are there any existing planning or building restrictions that could affect renovation plans? What are the strata or body corporate fees and regulations, if applicable? Are there any known issues with the property's structural integrity or services? Is the property located in a flood or bushfire-prone area? Are there any upcoming developments or planning activities in the vicinity that could impact the property’s value or environment? What are the total costs involved in converting or adapting the space for residential or commercial use? Are there any easements or zoning restrictions that limit modifications or usage? Has the property been inspected for asbestos or other hazardous materials? What are the long-term maintenance requirements for the industrial-style interiors? Is there any history of noise or neighbour disputes in the area?

12/15 Inkerman Street, St Kilda, Vic 3182 - More Details

Expressions of Interest Closing 1st June at 5PM

Raw, expansive and ready for reinvention, this 168sqm* warehouse-style space within the renowned Neo Metro building offers a rare opportunity to create something truly bespoke; whether that’s a striking residential conversion, a high-impact workspace or a seamless blend of both.

Defined by its industrial DNA, the space is framed by soaring concrete ceilings, generous proportions and an abundance of natural light, delivering the perfect blank canvas for design-led visionaries.

RESIDENTIAL APPEAL
Create your dream warehouse apartment: bold, architectural and entirely your own.
With a fully fitted kitchen and bathroom already in place, the foundations are set for a dramatic transformation into a one-of-a-kind inner-city residence.

COMMERCIAL FLEXIBILITY
Positioned within a Commercial 1 Zone, the options here extend well beyond residential.
Currently configured as an expansive open-plan office with multiple separate rooms, the space is ideal for creative studios, design professionals, or boutique businesses seeking a statement address.
- Estimated potential return: $70,000 – $90,000 per annum
- Open-plan office suites with excellent natural light
- Industrial warehouse aesthetic with exposed concrete finishes
- Flexible layout suited to a range of professional uses

KEY FEATURES
- 168sqm (approx) of versatile internal space
- Fully fitted kitchen and bathroom
- Industrial-style interiors with concrete ceilings
- Separate office/studio zones
- 1 secure car space
- Designed by acclaimed developer Neo Metro

Moments from Carlisle Street, Chapel Street and public transport, this is a property that defies convention: offering scale, zoning flexibility and design potential rarely seen in St Kilda.

Whether you’re looking to live, work or invest, this is your chance to take a bold concept and bring it to life.
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1
House Size
168 m²

Price guide

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