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.