For Sale

1 Ross Street, Elsternwick, Vic 3185

$5,500,000 - $6,050,000

Residential Land

Type

1,882.5 m²

Area

Published on Monday, September 07, 2026 ( See property details for 1 Ross Street, Elsternwick, Vic 3185)

$5,500,000 - $6,050,000

View the agent price guide.

Tim Brown LICENSED ESTATE AGENT, AUCTIONEER

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Paul Castran LICENSED REAL ESTATE AGENT & AUCTIONEER

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AI Property Insight

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

A versatile development site in Elsternwick offering substantial land, existing period home, and flexible zoning for mixed-use or residential projects.

🏡 Property Highlights

Significant landholding of approximately 1882.5 sqm with two street frontages
Zoned HCTZ1 with potential for up to 6 storeys (STCA)
Includes a period home requiring some work, offering renovation potential
Current configuration of 5 individual lots sold together
Prime location within the Elsternwick inner catchment, confirmed by DTP
Flexible potential uses including office, medical practice, or residential development

✨ Key Features

Waterfront / Views
Open-Plan Living
Built-in Robes
Ensuite
Outdoor Area
Garage
Air Conditioning
Security Screens / Gates
Floorboards
Alarm system

Suburb and Property Insights of Elsternwick, VIC 3185

Elsternwick is a vibrant suburb renowned for its rich history, diverse amenities, and excellent transport links. It offers a mix of charming period homes and modern developments, making it ideal for both investors and families. The area boasts excellent schools, shopping precincts, and recreational facilities, all within close proximity to Melbourne’s CBD. Its strong community vibe and strategic location make Elsternwick a highly sought-after place to live and develop. Key points include its accessibility, cultural diversity, established infrastructure, growth potential, and lifestyle appeal.

Frequently Asked Questions

What are the potential development options for this site?

The site offers potential for office, medical practice, or residential development including townhouses and apartments, subject to council approval and planning controls.

Is the existing period home suitable for renovation or redevelopment?

Yes, the current period home requires some work but offers renovation potential, providing an opportunity to customize the property.

What are the zoning details and development restrictions?

The property is zoned HCTZ1 with potential for up to 6 storeys for sites exceeding 1000sqm with a minimum 20m frontage, as per published controls.

Are there any existing planning permits or approvals?

The site is confirmed within the Elsternwick inner catchment and has a rezoning date of 22nd July 2026; further planning approvals are subject to council assessment.

What is the current condition of the property?

The property includes a period home in need of some work, along with five individual lots being offered together.

What to ask about this property to agent?

Are there any hidden costs or additional fees associated with the development approval process? Has the property been affected by any zoning changes or planning restrictions not disclosed? Are there any easements, covenants, or restrictions on the land that could impact development? What are the flood or bushfire risks associated with this location? Is there any ongoing or planned nearby construction that could affect future development or living conditions? Are there any strata or body corporate considerations for the existing lots? What are the current service connections and infrastructure conditions? Are there any environmental or heritage overlays affecting the site? What are the council’s specific requirements or limitations for redevelopment? Is there any history of disputes or issues with neighboring properties or land use?

1 Ross Street, Elsternwick, Vic 3185 - More Details

$5,500,000 - $6,050,000

Expressions of Interest Closing Tuesday 6th October at 12pm

Includes 4-10 Rusden St, Elsternwick.

Situated on a significant land holding of approx. 1882.5 sqm with two street frontages this stunning Medical Office, re-zoned HCTZ1 (22nd July 2026) and confirmed by DTP as within the Elsternwick inner catchment. Under the published controls, sites exceeding 1000sqm with a minimum 20m frontage are eligible for consideration up to 6 storeys. Currently a period home situated on the block requiring some work.

Current 5 individual lots being offered for sale together, the principle office component boasts some 476 sqm of office with multiple individual offices and a main reception area with stunning gantry.

Potential uses include office, medical practice, or development of townhouses and or apartments STCA.

To request an IM for this site kindly contact Paul or Tim.

Type: Residential Land
Area: 1,882.5 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Map & nearby places — 1 Ross Street, Elsternwick, Vic 3185

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Tim Brown

Paul Castran

1 Ross Street, Elsternwick, Vic 3185

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