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Sold on 23 Aug 2018

339 Clarendon Street South Melbourne VIC 3205

  • Shop & Retail
  • 140 m²
  • Sold

A FLEXIBLE RETAIL FREEHOLD SUITED TO INVESTORS, OCCUPIERS OR VALUE ADD BUYERS

  • Fully Leased Until 2021
  • Occupied by Longstanding Business
  • Medium Term Value Add Potential (STCA)

CBRE Melbourne Strip Retail Investments are pleased to bring to the market 339 Clarendon Street, South Melbourne for sale via Public On-Site Auction Thursday 23rd August 2018 at 12.30PM

We highlight some key features below:

- Recently renewed three (3) year lease (no further options) to longstanding Melbourne institution The Music Place, operating here since 1992

- Annual income of $57,000* + GST + Outgoings

- Strategic and flexible landholding with separate front and rear access plus precedent for further height providing value add potential in the medium to long term

- An ultra convenient shopping destination supports by public transport linking Clarendon Street to the CBD (quite literally at your doorstep) and highly accessible east-west transit via Kings Way

- South Melbourne is arguably Melbourne's most progressive suburb benefitting from a pipeline of development that includes 1,800* residential apartments and over 90,000sqm* of new office space

For Sale via Public On-Site Auction Thursday 23rd August 2018 at 12.30PM

CBRE Melbourne Strip Retail Investments

Nic Hage
+61 448 782 594

Rorey James
+61 439 400 081

Jing Jun Heng
+61 411 059 116

Property Highlights

Property ID2014519152
Date Sold23 Aug 2018
Floor Area140 m²
Land Area103 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  25 Nov 2020
Map for 339 Clarendon Street South Melbourne VIC 3205
Map for 339 Clarendon Street South Melbourne VIC 3205339 Clarendon Street South Melbourne VIC 3205
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Property Highlights

Property ID2014519152
Date Sold23 Aug 2018
Floor Area140 m²
Land Area103 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  25 Nov 2020
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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