Fender Katsalidis Claremont Street, South Yarra development site listed
Staff ReporterJune 2, 2016
A permit approved residential tower site in South Yarra has been listed for sale.
The 2,125sqm site at 16 Claremont Street, has permit approval to accommodate a 27-storey tower, comprising 336 apartments, as well as retail and office space.
Designed by Fender Katsalidis Architects, the project - known as VISTA - benefits from dual street frontage to the major thoroughfares of Daly and Claremont streets.
It is listed through Colliers and CBRE.
CBRE’s Lewis Tong said the site’s existing permit approval would be a differentiating factor for offshore groups.
“Asian developers are likely to see significant value with the plans and permits already in place,” he said.
