For Sale

12-14 Duke Street, St Kilda, Vic 3182

Contact the Stonebridge Team

Residential Land

Type

1,220 m²

Area

Published on Friday, March 06, 2026 ( See property details for 12-14 Duke Street, St Kilda, Vic 3182)

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Lucas Duffy Sales Executive

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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 prime 1,220 sqm landholding in St Kilda offering approved plans for 18 boutique apartments in a highly sought-after, vibrant coastal location.

🏡 Property Highlights

Prized 1,220 sqm landholding in St Kilda with approved permit for 18 boutique apartments
Prime location moments from the beach, restaurants, retail strips, and cultural attractions
High-demand market evidenced by popular apartment projects and strong residential fundamentals
Excellent connectivity with tram, train, and proximity to Melbourne CBD
Close to major retail outlets including Coles, Woolworths, and boutique shopping on Acland and Chapel Streets
Supportive demographic profile of young, affluent residents with high median incomes

✨ Key Features

Open-Plan Living
Waterfront / Views
Balcony
Outdoor Area
Secure Parking
Pet-Friendly
Home Office / Study
Built-in Robes
Dishwasher
Internal Laundry

Suburb and Property Insights of St Kilda, VIC 3182

St Kilda is Melbourne’s vibrant seaside suburb renowned for its lively entertainment scene, iconic beaches, and diverse dining options. Its cultural hubs, including Luna Park and the Palais Theatre, attract residents and visitors alike. The area boasts excellent transport links, proximity to retail precincts, and a dynamic community of young, affluent residents. With strong residential fundamentals and high demand, St Kilda offers a compelling opportunity for developers and investors seeking a thriving coastal lifestyle hub.

Frequently Asked Questions

What is the current zoning and planning status for the property?

The property has an approved permit for the development of 18 boutique apartments over two levels with basement parking, subject to compliance with local planning regulations.

Are there any known restrictions or easements affecting the land?

Details regarding restrictions or easements are available upon request; potential buyers should conduct due diligence with local authorities.

What are the expected development costs and timelines?

Development costs and timelines vary depending on the builder and project scope; interested parties should seek detailed estimates from qualified professionals.

Is there any existing infrastructure or services on the land?

The land is serviced with essential utilities; further specifics can be confirmed through site inspections and discussions with service providers.

What are the nearby amenities and transport options?

The property is close to beaches, retail strips, cafes, restaurants, public transport including trams and train stations, and major cultural attractions.

What to ask about this property to agent?

Are there any upcoming planning or zoning changes in the area that could affect the development? Has a detailed site survey been conducted to identify potential environmental or structural issues? Are there any existing or planned infrastructure projects nearby that could impact the property? What are the total estimated costs including permits, construction, and additional fees? Is there any history of flooding or bushfire risk in the area that could affect development or occupancy?

12-14 Duke Street, St Kilda, Vic 3182 - More Details

Contact the Stonebridge Team

Stonebridge Property Group, acting under instructions from Advise Transact, is pleased to present for sale, 12-14 Duke Street, St Kilda.

A prominent 1,220 sqm* St Kilda landholding with an existing permit for 18 boutique apartments over two levels with basement car parking.

Key highlights of the opportunity include:

- Prized 1,220 sqm* St Kilda landholding

- Permit approved for a boutique apartment development comprising 18 units and appealing to the local demographic of young, wealthy singles and couples.

- St Kilda boast the two most searched apartment projects by buyers in Feb-26 on REA, underpinning a high-demand and captive apartment market

- Offering residents an outstanding location to live, moments from the beach, excellent restaurants, bustling retail strips and a thriving entertainment and cultural scene

- Lifestyle amenities include St Kilda Botanical Gardens (450 m*), St Kilda Beach (1.2 km*), St Kilda Sea Baths (1.4 km*) and St Kilda Pier (1.7 km*)

- Exceptional connectivity with Carlisle Street trams at your doorstep (100 m*), Balaclava Train Station (450 m*) and just a 20-minute commute to Melbourne CBD

- Positioned just 100 m* to Carlisle Street retail strip home to both Coles and Woolworths as well as, Australia Post and Chemist Warehouse. Additional retail options include Acland Street (800 m*), and the heart of Chapel Street (1 km*), offering an extensive mix of boutique retail, cafés, restaurants and nightlife.

- Excellent nearby education institutions with St Kilda Library across the street and St Kilda Primary School (200 m*)

- Located in one of Melbourne’s most dynamic cultural hubs, home to the Palais Theatre and Luna Park, and host to major events including the St Kilda Festival

- Supportive demographic profile characterised by a dense, apartment-oriented catchment of young, affluent residents, reflected in a median age of 36, personal incomes 34% above the Victorian average and a relatively small household size of 1.7 persons^

- Strong residential fundamentals, underpinned by a median house price of $1,800,000^^, median weekly rent of $850^^, and a tight 2.17% vacancy rate^^^, indicating a supply-constrained, high-demand market placing upward pressure on capital values

12-14 Duke Street, St Kilda is offered for sale via Public Expressions of Interest closing Thursday, 9th April at 2pm (AEDT). To obtain further information, please contact the exclusive selling agents, Stonebridge Property Group

Andrew Milligan
+61 421 559 992

Lucas Duffy
+61 417 596 560

Chao Zhang 张超
0411 625 068

*Approximately

^ABS (2021)

^^REIV (2026)

^^^Real Estate Investar (2026)

Property Code: 1622

Type: Residential Land
Area: 1,220 m²

Price guide

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