EXPRESSIONS OF INTEREST CLOSING MONDAY 14 DECEMBER AT 5PM (IF NOT SOLD PRIOR)
Prepare to be surprised! This vast 1920s warehouse (893sqm approx. floorspace, zoned Mixed use) with redevelopment potential (STCA) offers unlimited scope as an outstanding investment opportunity in its present configuration, as work-from-home living space, or as a multi-zoned residential compound. Bordering East Melbourne and close to public transport, shopping centres and major hospitals, the building, including an apartment and courtyard, has been creatively fitted and imaginatively divided into three expansive commercial zones incorporating open-plan workplaces, smaller meeting rooms, directors' offices, studios, archive rooms and facilities. A huge double-storey garage/warehouse has second street access to Wrede Place. Filled with light, this unique property is currently partially leased however carries the potential of a rental income of $185,000 per annum when fully occupied.