Situated on the cusp of the Melbourne CBD is this large brick office/showroom of 1,381sqm (approx) with lower level car paking and workshop of 669sqm (approx) with brilliant residential development potential. The property boasts a frontage to Spencer Street of over 37 metres and features:
* Site Area of 1,381sqm (approx)
* 3 Street Frontages
* Flexible Mixed Use Zoning
* 4 Story Height Limit with potential for further levels (STCA)
* Current rental income of $193,079 per annum plus GST with the current lease expiring on 31 March 2016
* Opportunity to invest, undertake a residential development or occupy at the end of the lease
* Superb fast growing city fringe location close to Docklands, Etihad Stadium, Public Transport, CBD, Errol Street and Flagstaff Gardens.