Gross Waddell ICR is pleased to offer for sale 8 Martin Street, St Kilda, a character-filled commercial freehold with enormous potential to occupy, invest, or develop (STCA). Nestled in a quiet position yet surrounded by a hive of activity, this property resides in one of Melbourne’s most in-demand commercial and lifestyle destinations.

• 835 sqm* of building space spread across two levels and benefitting from 12 on-site car parks.

• Boasts an awe-inspiring saw tooth roof, providing an abundance of natural light and character.

• 100% leased to three long-established tenants offering short-term holding income.

• Ability to occupy all or part of the building post lease expiration, with two ground-floor tenancies and one first-floor tenancy.

• Favourably zoned Mixed Use Zone (MUZ) and situated on an expansive 686 sqm* landholding, providing significant value-add or development potential (STCA).

• Surrounded by numerous prominent and successful developments, with neighbouring precedents of up to seven storeys (STCA).

• Located within St Kilda’s bustling commercial precinct, metres from the ever-popular Carlisle Street and moments from Chapel Street and Acland Street.

• Ideal connectivity to Melbourne’s CBD and beyond, with trams and trains moments away.

The property is for sale via Expressions of Interest, closing at 3:00 pm on Thursday, 20 March 2025. For further information or to inspect the property, please contact Gross Waddell ICR directly.

*Approx.