Stonebridge Property Group is pleased to present for sale 179-181 Clarendon Street, South Melbourne.
The key highlights of the opportunity include:
- Boasting an ultra high-quality hospitality fit-out this double-fronted city fringe opportunity is ready to be occupied or leased
- The near new fit out is complemented by a 120 person (1am) liquor licence
- With separate access to level 1 (via Clarendon Street), the flexible freehold provides the value add possibility of multiple tenancies
- Level one has the ability to be utilised as office, residential or retail space and benefits from the convenience of separate power meters The substantial building, with highly convenient double door rear access, comprises 228 sqm* of versatile floor area
- Underlying fundamentals include 185 sqm* of Commercial 1 Zoned land and 8.5 m* of double retail frontage to the heavily trafficked Clarendon Street retail precinct - providing future tenants/occupiers favourable exposure
- Positioned in the epicentre of a globally recognised suburb with unrivalled connectivity to the CBD (900 m*) and only 300 m* from the iconic South Melbourne Market
- Bookended by a number of major developments, notably Hickory's award winning Market Lane project and Lowe Livings under construction Clarendon Street development
- Located within the affluent inner-city suburb of South Melbourne, possessing a median house price of $1.436 million* - 54% above the Victorian median
- Convenient rear lane access and loading available to the rear of the property with multiple pedestrian access points available from Clarendon Street
179-181 Clarendon Street, South Melbourne is for sale via Public On-site Auction Friday 21st June 2024 at 10:30am (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Dylan Kilner
0459 396 341
Nic Hage
0448 782 594
Chao Zhang
0411 625 068
*Approximately
Property Code: 965
