Lemon Baxter is excited to offer a unique opportunity to own one or both of these prime commercial properties at 68 & 72-74 Tope Street, South Melbourne. For sale via expression of interest, closing Wednesday 12th June 2024 at 12:00pm (AEST).
Flexibility to Suit Your Needs:
| Purchase 68 Tope Street individually - approx. 233 sqm land & building area
| Acquire 72-74 Tope Street individually - approx. 259 sqm land & building area
| Own both properties together for a combined holding of approx 492 sqm
Prime Investment & Development Potential:
+ Well-located in the Commercial 2 Zone (C2Z) with easy access to West Gate Freeway.
+ Properties benefit from Design and Development Overlay Schedule 8 (DD08), offering future development possibilities (STCA).
+ Both properties are currently tenanted, providing a combined net annual rental income of approximately $101,300 (monthly tenancy).
Strategic Location:
+ Located on booming Tope Street in a thriving city fringe suburb.
+ Excellent access to major arterials, public transport, and lifestyle amenities like South Melbourne Market.
+ Well-connected to Southern Cross Station, West Gate Freeway, Citylink, and Melbourne CBD.
For further information or to book a private inspection, contact our exclusive selling and marketing agents at Lemon Baxter.
| Hans Fan - 0401882621
| Bill Makris - 0430869579
