Exceptional Commercial Opportunity in South Melbourne
Discover the potential of 259 Park Street, South Melbourne, a unique commercial property with distinctive features.
259 Park Street, South Melbourne is for sale via an on-site auction on Wednesday 6th December 2023 at 12pm.
This property stands out with its 10.4m* frontage to the bustling Park Street, making it a prime location for a wide range of businesses. With a net lettable area of 200 sqm and an 257 sqm* land size, it offers substantial space to accommodate your business needs.
Property Highlights:
| Perfect to owner occupy
| A generous 10.4m* frontage to Park Street
| Net Lettable Area (NLA): 200 sqm*
| Land Size: 257 sqm*
| Commercial 1 Zone
| Heritage Overlay
| Design and Development Overlay
This property is currently tenanted to Woodbury Escape Rooms, generating a net annual income of approximately $59,000 + GST, with the lease expiring in September 2024, and the option to extend for an additional year.
Don’t miss the chance to secure this outstanding commercial property.
For further details or to arrange a viewing, please contact the exclusive selling agents at Lemon Baxter.
*Approximately
Property Information
- Availability Buy
- Building Size 200 m²
- Type Offices
- Zoning Commercial 1
- Sale Method Auction
Property Highlights
Highlight 1
Commercial 1 Zone
Highlight 2
Long Term Development Opportunity
Highlight 3
Net Annual Income $59,000 + GST
Zone
Commercial 1