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54-56 Commercial Road
Prahran VIC 3181
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Sold on 1 Nov 2020

54-56 Commercial Road Prahran VIC 3181

  • Offices
  • 412 m²
  • Sold

HIGH PROFILE INVESTMENT WITH OPPORTUNITY TO REDEVELOP

Morley is pleased to offer this New York warehouse-style two level building in the heart of Prahran, with solid current income as well as an opportunity for apartment development (concept plans available). Public transport, Fawkner Park and Prahran Market are on your doorstep. This reliable investment has three leased spaces with long term tenants - a gym on the ground floor and two apartments upstairs.

Land area: 230m2 approx
Building area: 412m2 approx
Income generating $107,807 per annum (approx.)
Potential to purchase the property with the upstairs area vacant
Front and rear access
Highly advantageous Residential Growth Zone 1

Property profile and video link available.

Tom Larwill
0411 326 165
tlarwill@morleycommercial.com.au

Andrew Morley
0418 319 443
amorley@morleycommercial.com.au

Morley Commercial
Morley Commercial
Level 4, Building 5
Richmond, VIC 3121

Property Highlights

Date Sold1 Nov 2020
Floor Area412 m²
Land Area230 m²
ParkingAsk Agent
Property ID2016093381
Category
Last updated  17 Nov 2020
Map for 54-56 Commercial Road Prahran VIC 3181

Nearest transport* to 54-56 Commercial Road Prahran VIC 3181

Bus
Train
Tram
Braille Library/Commercial Rd (South Yarra)25 m
Braille Library/Commercial Rd (South Yarra)31 m
Commercial Rd/Punt Rd (South Yarra)166 m
Alfred Hospital/Punt Rd (South Yarra)195 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Morley Commercial
Morley Commercial
Level 4, Building 5
Richmond, VIC 3121

Property Highlights

Date Sold1 Nov 2020
Floor Area412 m²
Land Area230 m²
ParkingAsk Agent
Property ID2016093381
Category
Last updated  17 Nov 2020

Listed by

Morley Commercial
Call
03 94265000

More about 54-56 Commercial Road Prahran VIC 3181

54-56 Commercial Road Prahran VIC 3181 is categorized as Office. It has a floor area of 412 m². The listing ID for this property is 2016093381.

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