Bank on This!
130 Bank Street, South Melbourne VIC 3205
$900,000 - $990,000
OfficeSize: n/a
Block size: 114 m² approx.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WED 1 May 2024 at 2 PM
Outstanding development opportunity with approved plans and permit for a four level office building with lift, car parking and a terrace with views. Brilliantly located on the north side of this quiet and wide South Melbourne street only a short walk to Clarendon Street's eclectic bars, cafes, restaurants, a multitude of transport options and a short tram ride to the CBD, Crown Casino, Botanic Gardens & MSAC. The current Victorian home has been converted to office use and is leased until September 2025 providing the astute purchaser with holding income. The 114 sqm (approx) site is zoned Commercial 2 and boasts three street frontages including vehicle access from Tope Street. The property benefits from the absence of a Heritage Overlay and will appeal to developers looking for a shovel-ready project or a design of their own (STCA), owner occupiers seeking a small South Melbourne office for their business or savvy investors chasing long term capital growth. An opportunity not to be missed. Inspect by appointment.
Outstanding development opportunity with approved plans and permit for a four level office building with lift, car parking and a terrace with views. Brilliantly located on the north side of this quiet and wide South Melbourne street only a short walk to Clarendon Street's eclectic bars, cafes, restaurants, a multitude of transport options and a short tram ride to the CBD, Crown Casino, Botanic Gardens & MSAC. The current Victorian home has been converted to office use and is leased until September 2025 providing the astute purchaser with holding income. The 114 sqm (approx) site is zoned Commercial 2 and boasts three street frontages including vehicle access from Tope Street. The property benefits from the absence of a Heritage Overlay and will appeal to developers looking for a shovel-ready project or a design of their own (STCA), owner occupiers seeking a small South Melbourne office for their business or savvy investors chasing long term capital growth. An opportunity not to be missed. Inspect by appointment.
Inspections
No open inspections scheduled.
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Contact Richard Simpson to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
1
Property type:
Office
Block Size:
114 m²*
Other Details
Lot:
1
Plan:
TP254026
Legal description:
1\TP254026
Maps and area information
Block information
Block size: 114m² (approx)
Legal description: 1\TP254026
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
39 years
Population
11,548
Listing ID: 182408233. This listing has been viewed 6 times. It was first displayed on 28/03/2024 and last updated on 16/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.