{"Slug":"house-1-342-dandenong-road-st-kilda-east-vic-3183","CanonicalUrl":"https://realsearch.com.au/house-1-342-dandenong-road-st-kilda-east-vic-3183","Address":"1/342 Dandenong Road, St Kilda East, Vic 3183","Suburb":"St Kilda East","State":"VIC","Postcode":"3183","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"Positioned on the doorstep of the Melbourne CBD, this high-profile corner of St Kilda East delivers an increasingly rare opportunity to secure a genuine development site with scale, exposure and planning flexibility.342 Dandenong Road has been thoughtfully subdivided, with the premium corner allotment now offered for sale—arguably the most valuable portion of the holding. Set across 626sqm, the site boasts commanding dual frontages of 21.35 metres to Dandenong Road and 35.33 metres to Wando Grove, creating a highly efficient footprint suited to a range of residential or mixed-use outcomes (STCA). Corner sites of this calibre are tightly held and highly sought-after, particularly within established inner-city growth corridors.Underpinned by General Residential Zone – Schedule 1 (GRZ1), the property provides a flexible planning framework encouraging medium-density development, making it ideally suited to townhouses, apartments or boutique project outcomes (STCA). Comparable development sites across Melbourne consistently highlight strong demand for well-located land with scale and zoning support, particularly in amenity-rich locations .Adding a further layer of appeal, the property is subject to a heritage overlay—reflecting its connection to the historic fabric of the area. Dandenong Road itself is one of Melbourne’s most significant arterial links, long recognised as a key gateway into the city. This blend of history and future potential is increasingly attractive to developers seeking to create considered, design-led projects that respond to both character and demand.The location is a major driver of value. Surrounded by leading schools, transport options, lifestyle precincts and parklands, the site sits within a proven residential catchment just minutes from Chapel Street, Carlisle Street and direct CBD access. Amenity-rich, well-connected locations such as this continue to underpin buyer demand and project feasibility, particularly as Melbourne’s population growth drives the need for well-located housing supply.Opportunities of this nature—a prominent corner, flexible zoning, proven subdivision and inner-city positioning—are exceptionally limited. This is a site that allows developers and investors to move with confidence, capitalising on both immediate fundamentals and long-term upside.For further information, please contactJacques Khouri & Harrison Rudan of Lewin Real Estate.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Contact Agent"},"Bedrooms":"11","Bathrooms":"4","Parking":"3","Features":[{"Name":"Bedrooms","Value":"11"},{"Name":"Bathrooms","Value":"4"},{"Name":"Carports","Value":"3"},{"Name":"Area","Value":"626 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.86029284,"Longitude":145.00857592,"Agent":{"Name":"Jacques Khouri","CanonicalUrl":"https://realsearch.com.au/agent/jacques-khouri"},"Agency":{"Name":"Lewin Real Estate - BAYSIDE","CanonicalUrl":"https://realsearch.com.au/agency/lewin-real-estate-bayside"},"CreatedAt":"2026-04-22T12:05:13.1319706","UpdatedAt":"2026-04-22T12:05:13.2187785"}