Sold

Lots 4,7 and 16, 113 -127 York Street
SOUTH MELBOURNE, VIC 3205

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Property Description

Strategic South Melbourne Commercial Investment

Fitzroys offer for sale Lots 4,7 and 16, 113 – 127 York Street, South Melbourne by Expression of Interest closing Wednesday 16th March. The offering is a strategic city fringe commercial investment leased to an ASX listed company and which forms part of a underutilized landholding.

  • Leased to Hansen Technologies (ASX Code HSN) for a term of 5 years from January 2020
  • Current Rental $166,534pa* plus all outgoings inc. Land Tax (shb)
  • Located at ground floor within a part single and two (2) storey development comprises 6 offices plus onsite parking
  • The property encompasses 530sqm* plus 6 on site carparks and presently utilized as a commercial office and Data Centre.
  • Forming part of a hugely underutilized land parcel comprising 2,696sqm*.
  • Zoned Commercial 1 under the Port Phillip Planning Scheme
  • Within the South Melbourne Emerging Activity Precinct featuring a maximum building height of 6 storeys (STPA).
  • Convenient City fringe location close to South Melbourne Market, Clarendon Street retail and lifestyle centre and Citilink.

*Approx.

FOR SALE LOTS 4,7 AND 16, 113 – 127 YORK STREET, SOUTH MELBOURNE BY EXPRESSION OF INTEREST CLOSING WEDNESDAY 16TH MARCH AT 4PM.

ZoneCommercial 1
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Consultant

Chris James

M: 0421 779 714
E: jamesc@fitzroys.com.au

David Bourke

M: 0407 705 755
E: bourked@fitzroys.com.au

Property Information

Property ID
132219

Price
Contact Agent

Building
530m2

Land
2696m2