Versatile City Fringe Corner Freehold

Fitzroys is pleased to offer 356–362 King Street (cnr Walsh Street) West Melbourne for sale.

Key attributes include:

• Highly sought after and strategic corner landholding of 604sqm*
• Versatile two (2) level building of 1,200sqm* presently being utilised for short-stay residential accommodation encompassing ground floor office, twenty-eight (28) residential rooms throughout and external terrace
• Prominently positioned on the corner of King and Walsh Streets with a commanding frontage of 49.55m*
• Multiple on-site car parks and easily accessible to public parking
• Favourable 'mixed used' zone suited to alternate uses and development outcomes (STPA)
• Holding income of $122,712* per annum plus outgoings and GST
• Rapidly gentrifying and densely populated city fringe location
• Excellent opportunity to occupy, develop or value add (STPA)
• Serviced by outstanding amenities nearby including North Melbourne Station, Melbourne & RMIT Universities, Royal Melbourne Hospital medical precinct, Errol Street retail and lifestyle centre and the Queen Victoria Market
• Immediate proximity to Flagstaff Gardens
• Convenient connectivity to major road linkages, Citylink / West Gate Tunnel and only 1.5km* North-West of the CBD
• Remarkable opportunity to acquire a substantial freehold building within Melbourne's booming inner city ring

For further information or an inspection contact David Bourke, Ervin Niyaz or Ben Liu of Fitzroys.

*approx.