Prime South Melbourne Opportunity - Invest, Develop or Owner Occupy?

Lemon Baxter is delighted to offer 150-158 Montague Street, South Melbourne for sale

150-158 Montague Street represents an unprecedented opportunity to either invest, develop (STCA) or potentially owner-occupy one of South Melbourne's unique city fringe sites. The offer comprises a standalone, single level high bay showroom and associated workshop.

Positioned in the heart of 'The Montague Street Precinct', only 2.9kms from Melbourne's Central Business District.

+ Highly flexible property allowing for strategic investment, owner occupation and significant future development potential (STCA)

+ Well leased returning $220,100 pa net with break clause
(meaning an owner/occupier could take possession in the short term)

+ Dual street access, valuable rear lane access from Carrington Place

+ High exposure location - frontage to Montague Street - 27m

+ Land Size 767sqm (Approx)

+ NLA Size 767sqm (Approx)

+ Eight (8) level height limit as part of the Capital City Zone Under the
Fisherman's Bend Urban Renewal Structure Plan (STCA)

+ Recently refurbished and now well leased

For more Information please contact Chris Curtain 0418 335 572

Agent

Chris Curtain

Chris Curtain

Director

0418 335 572

business_phone 03 9699 7500

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Property Information

  • Land Size 767 m2
  • Building Size 767 m2
  • Type Development
  • Zoning Capital City Zone
  • Sale Method For Sale

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