Attractive and substantial brick interwar industrial building, possessing a commanding yet discrete presence at the Paris end of the Street. With the ability to occupy in part, the property provides flexibility and uncommon proportions with internal heights up to 5.7m! Currently configured as two separate self-contained tenancies each of ~ 200m2. Zoned Commercial 1 with front vehicle access via cross over, and ~1.95m wide walking access to rear from Thomson Street. Offered vacant possession. With modest refurbishment an anticipated net annual rent in the order of $140,000 is readily achievable.
Arrange your inspection today, or as advertised.
AUCTION
Auction date and time
10/05/2017 12:00
Auction location
Ground Floor, 429 Clarendon Street, South Melbourn
Map for 429 Clarendon Street South Melbourne VIC 3205
Map for 429 Clarendon Street South Melbourne VIC 3205
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Purchase price
$
3,340,000
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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