Superb South Melbourne Shop & Dwelling Investment
288 Clarendon Street, South Melbourne VIC 3205
By Negotiation
RetailSize: n/a
Block size: 180 m² approx.
Rare dual purpose shop and dwelling in prime position within Clarendon Street retail and lifestyle centre.
Surrounded by major banks, Coles, Chemist Warehouse, Gazman, Grill'd, Hunky Dory, 7 Eleven, as well as a host of popular eateries.
Offering dual income streams with the ground floor restaurant having excellent rear access via Emerald Hill Place to a double garage. Upstairs dwelling also has separate rear entrance.
Ground floor: 3 + 3 year lease (commenced 16.6.21) currently returning $64,272 PA + GST.
First floor: Comfortable 2 bedroom + study dwelling with outdoor terrace that is currently vacant and offers a potential return of approx. $20,000 PA.
- Favourable Commercial 1 Zoning with value-add prospects (STCA)
- Building area: 195 sq.m approx.
- Land area: 180 sq.m approx.
Surrounded by major banks, Coles, Chemist Warehouse, Gazman, Grill'd, Hunky Dory, 7 Eleven, as well as a host of popular eateries.
Offering dual income streams with the ground floor restaurant having excellent rear access via Emerald Hill Place to a double garage. Upstairs dwelling also has separate rear entrance.
Ground floor: 3 + 3 year lease (commenced 16.6.21) currently returning $64,272 PA + GST.
First floor: Comfortable 2 bedroom + study dwelling with outdoor terrace that is currently vacant and offers a potential return of approx. $20,000 PA.
- Favourable Commercial 1 Zoning with value-add prospects (STCA)
- Building area: 195 sq.m approx.
- Land area: 180 sq.m approx.
Inspections
No open inspections scheduled.
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Contact Simon Jones to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
180 m²*
Other Details
Lot:
3
Plan:
PS408437
Legal description:
3\PS408437
Maps and area information
Block information
Block size: 180m² (approx)
Legal description: 3\PS408437
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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SummaryMedian sales
Average Age
39 years
Population
11,548
Listing ID: 182417508. This listing has been viewed 0 times. It was first displayed on 03/04/2024 and last updated on 03/04/2024.
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.