170-180 Buckhurst Street South Melbourne VIC 3205
- Development / Land
- 1,692 m²
- For Sale, Circa $6500/m2
A) Established tenants in tail end of lease - therefore renegotiate and secure long-term.
B) Value add via immediate refurbishment and improve annual income.
C) Capitalise on underlying zoning and develop to full potential.
Land area: 1692 m2, with a principal frontage of 35m.
Gross building area: 2469 m2.
Net annual Income: $195,787 currently. $315,287 estimated fully let basis.
Zoned/DDO : Capital City Zone 1. DDO30, permitting up to 30m/8 levels (STCA).