INVEST, DEVELOP OR OCCUPY!
Lemon Baxter and Gorman Allard Shelton are proud to offer for sale arguably the best site in South Melbourne.
This corner site is one of the last sites available in the whole of South Melbourne greater than 1,000sqm*
Key attributes of the offering include:
• Site area 1,146sqm*.
• Commercial 2 Zoning, ideal for 6 to 9 level office in the future (STCA).
• Current annual income for 66% of the building returning $831,000*.
• Projected income on fully leased basis $1,336,286*.
• Building area: Approx 3,065sqm*
*Top floor of 1,023sqm* is ready to occupy, potential to partial owner occupy.
*Occupy the top floor and receive rent from Verra Mobility Corporation, a $3 billion NASDAQ listed company.
• 29 Secure and undercover car spaces.
• Surrounded by a diverse combination of residential apartments, commercial offices, and vast lifestyle amenity.
• Within design and development overlay 8 (DDO8), allowing for significant future development upside with surrounding planning permits ranging between 6, 8 and 9 level (STCA).
• Neighbouring landmarks surrounding destinations include the South Melbourne Market, Clarendon Street Shopping Precinct, Albert Park Lake and direct access to Crown Casino (10 min walk, 700m*) and tram to Southern Cross Railway Station from your doorstep.
For further information or to arrange an inspection, please contact the exclusive selling team.
Lemon Baxter
| Chris Curtain 0418 335-572
| Bill Makris 0430 869 579
In conjunction with Gorman Allard Shelton
*Approximately
Property Information
- Availability Buy
- Building Size 3,052 m²
- Land Area 1,146 m²
- Type Offices
Property Highlights
Highlight 1
Extremely rare site in South Melbourne
Highlight 2
Corner site, plus 29 onsite car bays
Highlight 3
Commercial 2 Zoning