1/342 Dandenong Road, St Kilda East, Vic 3183

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House
Type
11
Bedrooms
4
Bathrooms
3
Parkings
626 m²
Area

Published on Wednesday, April 22, 2026 ( See property details for 1/342 Dandenong Road, St Kilda East, Vic 3183)

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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A highly sought-after corner development site in St Kilda East offering flexible zoning, substantial scale, and exceptional future potential within Melbourne’s inner-city growth corridor.

🏡 Property Highlights

  • Prime corner allotment with dual frontages for optimal development potential
  • Flexible General Residential Zone – Schedule 1 (GRZ1) supports medium-density projects
  • Thoughtfully subdivided site with strong planning flexibility (STCA)
  • Located on a major arterial road with excellent connectivity to Melbourne CBD
  • Surrounded by leading schools, lifestyle precincts, and parklands
  • Heritage overlay adds character and unique appeal to the site

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Built-in Robes
  • Garage / Secure Parking
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
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1/342 Dandenong Road
St Kilda East, VIC 3183
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Vertical aerial view — 1/342 Dandenong Road
1/342 Dandenong Road — Vertical Aerial  •  St Kilda East, VIC 3183  •  Nearmap © 2026

St Kilda East is a vibrant inner-city suburb renowned for its eclectic lifestyle, excellent transport links, and proximity to Melbourne’s CBD. The area boasts a rich mix of heritage architecture, trendy cafes, and parks, making it highly desirable for both residents and developers. Its strategic location ensures strong demand for well-located housing and boutique projects, supported by excellent amenities and growth prospects.

What types of development are permitted on this site?
The site is zoned under GRZ1, supporting medium-density residential development such as townhouses, apartments, or boutique projects, subject to council approval (STCA).
Is there any heritage restriction on the property?
Yes, the property is subject to a heritage overlay, which may influence development plans and require heritage considerations during planning and construction.
What amenities and transport options are nearby?
The property is close to leading schools, lifestyle precincts, parklands, and offers excellent transport links to Melbourne CBD via arterial roads and public transit options.
Can the site be subdivided further?
The site has been thoughtfully subdivided, with the premium corner allotment now available for sale, offering a highly efficient footprint for development.
What is the potential for future capital growth?
Given its strategic location, flexible zoning, and proximity to amenities, the site offers strong potential for capital growth and development upside.
Are there any existing planning permits or approvals in place for development? What are the potential costs associated with heritage overlay restrictions? Are there any easements, covenants, or zoning restrictions that could impact development plans? Is there any history of flooding or bushfire risk in the area? Are there any upcoming planning or infrastructure projects nearby that could affect the site’s value or development potential? What are the council requirements and fees for subdivision and development approval? Are there any existing environmental or contamination issues on the site? Is the site subject to any strata or body corporate arrangements? What are the ongoing maintenance costs for the property? Are there any restrictions on the types of buildings or uses permitted under the heritage overlay?

1/342 Dandenong Road, St Kilda East, Vic 3183 - More Details

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Type
House
Bedrooms
11
Bathrooms
4
Parkings
3
Area
626 m²

Price guide

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