3-5 Craine Street, South Melbourne VIC 3205

Land/Development

Prime South Melbourne Development Opportunity

The well-recognised South Melbourne building is located on the East side of Craine Street with frontages to both Craine Street and Lt Moray Place, South Melbourne. The offering comprises a standalone, single-level high bay warehouse. The property is built to the boundary and totals 332 sq. with 21.3 m frontage to Craine Street South Melbourne.

Key attributes of this impressive opportunity include:
· Significant South Melbourne Site of 332m2*
· Excellent 21.3m frontage to Craine St
· Dual Street Access from Little Moray Place
· Flexible Commercial 2 zoning allowing for a multi-level commercial development
· Short term lease to existing tenant…start planning now!
· Close proximity to bustling Clarendon St
· An extremely tightly held and highly sought after South Melbourne location offering excellent potential
· This is very FINITE!

* Approx

For Sale by Expressions of Interest closing Tuesday 10th December at 12 Noon.

For further information please contact:
Chris Curtain 0418 33 55 72
Richard Hutton 0418 531-772 Permit for a 6 storey commercial building with a 2 storey basement. Planning permit expires 21st April 2025. Currently leased returning $49,843pa net with a 6 month development clause.

Property Highlights
Highlight 1

Land Area: 332 sqm

Highlight 2

Two Street Frontages and Access Points

Highlight 3

Fantastic Location Close to Clarendon St

Zone

Commercial 2

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