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283 Clarendon Street
SOUTH MELBOURNE, VIC 3205

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Property Description

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.

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Consultant

Tom Fisher

M: 0417 980 824
E: fishert@fitzroys.com.au

David Bourke

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

Property Information

Property ID
134087

Price
Contact Agent

Building
166m2

Land
165m2