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DESCRIPTION:Secure Investment with Future Upside - Prime Clarendon Street R
 etail\nWe're pleased to present 197199 Clarendon Street\, South Melbourne 
 for sale via EOI. This property presents a substantial multi level retail 
 investment within one of Melbourne's most tightly held city-fringe commerc
 ial precincts. Offered with a secure lease to a national tenant\, the prop
 erty combines immediate holding income with long-term potential upside (ST
 CA).\n\nKey features:\n- Substantial multi-level commercial building\n- Bu
 ilding area of 297 sqm*\n- Leased to White Lady Funerals (Invocare)\n- Net
  income of $114\,577 p.a.* with 3% annual increases\n- Lease expiry June 2
 028 with a 3-year option\n- Two on-site car spaces\n- Commercial 1 Zone (C
 1Z)\n- Future owner-occupier or value-add upside \n\nLocation:\n- Heart of
  the Clarendon Street retail strip\n- 2 km* to the Melbourne CBD\n- 300 m*
  to South Melbourne Market\n- Excellent access via 96/109 trams and Anzac 
 Station\n- Adjoining the Fishermans Bend renewal corridor\n\nSecure invest
 ments of this calibre along Clarendon Street are rarely offered. This is a
 n opportunity to acquire a prime retail asset backed by a national tenant 
 covenant and strong underlying fundamentals in a high-demand location.\n\n
 For Sale by Expression of Interest closing Wednesday 25th November at 12:0
 0pm (AEDT).\n\nContact the exclusive Lemon Baxter selling agents today.
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SUMMARY:Expression Of Interest: 197-199 Clarendon Street\, South Melbourne 
 VIC
UID:CRE-2021270884-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Secure Investment with Future Upside 
 - Prime Clarendon Street Retail <br/> We're pleased to present 197199 Clar
 endon Street\, South Melbourne for sale via EOI. This property presents a 
 substantial multi level retail investment within one of Melbourne's most t
 ightly held city-fringe commercial precincts. Offered with a secure lease 
 to a national tenant\, the property combines immediate holding income with
  long-term potential upside (STCA). <br/>  <br/> Key features: <br/> - Sub
 stantial multi-level commercial building <br/> - Building area of 297 sqm*
  <br/> - Leased to White Lady Funerals (Invocare) <br/> - Net income of $1
 14\,577 p.a.* with 3% annual increases <br/> - Lease expiry June 2028 with
  a 3-year option <br/> - Two on-site car spaces <br/> - Commercial 1 Zone 
 (C1Z) <br/> - Future owner-occupier or value-add upside  <br/>  <br/> Loca
 tion: <br/> - Heart of the Clarendon Street retail strip <br/> - 2 km* to 
 the Melbourne CBD <br/> - 300 m* to South Melbourne Market <br/> - Excelle
 nt access via 96/109 trams and Anzac Station <br/> - Adjoining the Fisherm
 ans Bend renewal corridor <br/>  <br/> Secure investments of this calibre 
 along Clarendon Street are rarely offered. This is an opportunity to acqui
 re a prime retail asset backed by a national tenant covenant and strong un
 derlying fundamentals in a high-demand location. <br/>  <br/> For Sale by 
 Expression of Interest closing Wednesday 25th November at 12:00pm (AEDT). 
 <br/>  <br/> Contact the exclusive Lemon Baxter selling agents today.</P><
 /body></html>
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