283 Clarendon Street
SOUTH MELBOURNE, VIC 3205

Superb South Melbourne Freehold Investment

Fitzroys is pleased to offer this prime 2 storey freehold investment located at 283 Clarendon Street, South Melbourne for sale by Public Auction on Wednesday 22nd June at 11.30am.

The key attributes of this offering include:

•  Rare freehold commanding a prime position within Clarendon Street retail and lifestyle centre which services the growing residential and commercial catchments
•  5 + 5 + 5 year lease to established operator, trading as ‘Chepavi Grill’
•  Rent: $78,785 per annum plus GST and outgoings (as of 1st August 2022)
•  Modern improvements over 2 levels, totalling 166sqm*
•  Rear access via Bank Place plus on-site car parking
•  Land area: 165sqm*
•  Favourable Commercial 1 Zoning (C1Z) with value-add prospects (STCA)
•  Convenient access to the CBD
•  Within walking distance to South Melbourne Market, Albert Park Lake, Melbourne Sports & Aquatic Centre and St Kilda Road
•  Exciting opportunity to acquire a prime freehold investment in the thriving city fringe lifestyle precinct, surrounded by all major banks, Coles, Chemist Warehouse, Gazman, Grill’d, Hunky Dory, 7 Eleven, as well as a host of popular eateries

*Approx.