» »
ULTIMATE ADD VALUE AND OCCUPY OPPORTUNITY WITH 23+ METRES...

339 Ferrars Street, SOUTH MELBOURNE VIC, 3205

For Sale

Property for Sale in 339 Ferrars Street, SOUTH MELBOURNE VIC, 3205

Cayzer Real Estate

370 Bay Street, Port Melbourne, VIC 3207

Listing ID:
11374403
Status:
Active
For:
Sale
Price:
Price on application
Last Updated:
21/02/2020
Icon building

Property Type

Offices/Land/Development
Icon square

Land Area

237 SQM
Icon size

Floor Area

510 SQM
Icon parking

Parking

7

ULTIMATE ADD VALUE AND OCCUPY OPPORTUNITY WITH 23+ METRES FRONTAGE

The most exciting Mixed Use site in the Albert Park vicinity with possibly the best garage in the area housing 6-7 cars.
A rare opportunity to obtain high income streams from 5 current tenancies (including Optus) and occupy part or increase income immediately whilst planning for refurbishment or redevelopment STA. Great residential potential (sta).
Multiple bathrooms and kitchenette facilities with a full kitchen and 2 renovated bathrooms in the top floor apartment/office for private use.
Overlooking St Vincent Place gardens, a stroll to Albert Park Lake, shops, parkland and MSAC with the light rail to the city adjacent.
Current income $111,000 pa approx, with immediate potential for $160,000 pa or more (est) as is.
Note - garage and top floor predominantly vacant possession.
Land 237 sqm Building 510 sqm (approx).

For more details, please email agent


Video & Interactive Tour
Btn video

Cayzer Real Estate

370 Bay Street, Port Melbourne, VIC 3207


More properties from Cayzer Real Estate
For Lease
441-443 Graham Street, PORT MELBOURNE VIC, 3207

441-443 Graham St...

OfficesRetail
For Lease
88 Tope Street, SOUTH MELBOURNE VIC, 3205

88 Tope Street, S...

OfficesRetail
For Lease
381 Bay Street, PORT MELBOURNE VIC, 3207

381 Bay Street, P...

OfficesRetail
For Lease
59 Bay Street, PORT MELBOURNE VIC, 3207

59 Bay Street, PO...

OfficesRetail
For Lease
14 Armstrong Street, MIDDLE PARK VIC, 3206

14 Armstrong Stre...

OfficesRetail
For Lease
220/370 St Kilda Road, MELBOURNE VIC, 3004

220/370 St Kilda ...

OfficesShowrooms/Bulky Goods
More properties from South Melbourne
For Lease
First Floor/147 Montague Street, SOUTH MELBOURNE VIC, 3205

First Floor/147 M...

Offices
For Lease
11/52 Albert Road, SOUTH MELBOURNE VIC, 3205

11/52 Albert Road...

Offices
Leased
CW1/52 Albert Road, SOUTH MELBOURNE VIC, 3205

CW1/52 Albert Roa...

Offices
Leased
29/150 Albert Road, SOUTH MELBOURNE VIC, 3205

29/150 Albert Roa...

Offices
For Lease
550 City Road, SOUTH MELBOURNE VIC, 3205

550 City Road, SO...

OfficesRetail
For Lease
101-105 Clarke Street, SOUTH MELBOURNE VIC, 3205

101-105 Clarke St...

OfficesMedical/Consulting
Loading...