Development-Ready Site in Blue-Chip Suburb Hits the Market – Jones Real Estate

A rare opportunity to deliver a premium multi-level project in one of Melbourne’s most tightly held suburbs has been brought to market by Jones Real Estate. Offered for sale via international expressions of interest closing Thursday August 14^th, 2025, at 3pm (AEST), 265-269 Burke Road, Glen Iris provides scope for a wide range of uses including ground-floor retail, residential apartments, and office spaces.  

The Commercial zoned 1 (C1Z) site, occupies a prominent 582sqm* landholding positioned for a mixed-use development (STCA). With a frontage of 14.6m* to Burke Road, the site is ideally positioned within the tightly held City of Stonnington. Renowned for its leafy streetscapes, quality housing stock and long-term capital growth, Glen Iris boasts a median house price of $2.3 million*, underpinned by continued demand for owner-occupiers, investors and downsizers.  

Concept plans by acclaimed architects Cera Stribley propose a high-quality, seven-level, mixed-use commercial space comprising ground-floor commercial space and 20 apartments, including five one-bedroom, nine two-bedroom and six three-bedroom residences. All residences are designed to reflect the calibre of the surrounding neighbourhood.  

“This is a rare chance to secure a genuinely strategic landholding in a postcode that continues to demonstrate consistent growth and resilience,” said Luke Peric, Senior Manager at Jones Real Estate.  

“With a C1Z designation, strong planning parameters and an architectural vision already developed, this site is primed for a standout project,” Peric added.  

The site benefits from direct access to an array of lifestyle and retail amenities, including boutique cafés, restaurants and high-end shopping, and is positioned near leading schools such as Sacre Coeur, Korowa Anglican Girls’ School, Caulfield Grammar and De La Salle College. 

Transport and accessibility are key drawcards, with tram routes 6 and 72 at the doorstep, and proximity to Gardiner and Tooronga Stations, High Street, Malvern Road and the Monash Freeway. 

For further information or to schedule a private inspection, please contact the exclusive agents at Jones Real Estate.