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Sold on 10 May 2017

429 Clarendon Street South Melbourne VIC 3205

  • Development / Land
  • 208 m²
  • Sold, $3,340,000

Voluminous value adding opportunity!

    Auction Wednesday 10th May @ Noon

    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 time10/05/2017 12:00
    Auction locationGround Floor, 429 Clarendon Street, South Melbourn
    Mark Smedley
    Dixon Kestles
    Mark Smedley
    Dixon Kestles
    Simon Regan
    Dixon Kestles
    Simon Regan
    Dixon Kestles

    Property Highlights

    Property ID2013526483
    Date Sold10 May 2017
    Sold Price$3,340,000
    Floor Area400 m²
    Land Area208 m²
    ParkingAsk Agent
    Category
    Last updated  25 May 2018
    Map for 429 Clarendon Street South Melbourne VIC 3205
    Map for 429 Clarendon Street South Melbourne VIC 3205429 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*

    Find out your loan options

    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.

    Mark Smedley
    Dixon Kestles
    Mark Smedley
    Dixon Kestles
    Simon Regan
    Dixon Kestles
    Simon Regan
    Dixon Kestles

    Property Highlights

    Property ID2013526483
    Date Sold10 May 2017
    Sold Price$3,340,000
    Floor Area400 m²
    Land Area208 m²
    ParkingAsk Agent
    Category
    Last updated  25 May 2018
    Dixon Kestles
    161 Park Street South Melbourne VIC 3205
    Mark Smedley
    Dixon Kestles
    Mark Smedley
    Dixon Kestles
    Simon Regan
    Dixon Kestles
    Simon Regan
    Dixon Kestles

    Ask Mark Smedley about this property

    Mark Smedley

    Mark Smedley

    Dixon Kestles

    Simon Regan

    Simon Regan

    Dixon Kestles

    0412 *** ***
    0412571571

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