Landmark Investment Opportunity
Morley is pleased to offer this outstanding ground floor freehold opportunity, perfectly positioned on the corner of one of Melbourne's most recognised intersections. A well located offering in the heart of Melbourne's world-class entertainment, hospitality, arts and sports precinct.
Currently occupied by Caydon Property Group as a display and marketing facility for their Malt District mixed use development in Cremorne.
Existing rental income $113,850 per annum plus GST [Outgoings paid by tenant]
Area 201 m2.
Two separate titles with total frontage of 27 meters.
The property conveniently backs onto the East Richmond train station and public car park.
Previous high profile tenants include Sportsgirl, Jag and Australia & New Zealand banking group.
Future opportunities include: subdivision of space, ability to owner occupy all or part, re-leasing to hospitality, medical or others seeking prime city fringe location and exposure.
The immediate area is surrounded by many of Melbourne's most established and successful business operators.
The property is being offered for sale privately.
For further information, price guide and inspection arrangements contact:
0400 248 016
201.00 Square Metre
Exclusive Marketing Agents