THE MARKET'S FRESHEST RETAIL PROPERTY WITH UPSIDE! CBRE Melbourne Strip Retail Investments are proud to present to the market, 305 Coventry Street, South Melbourne, being offered for sale by public on-site auction on Friday 17th March at 12:30pm.
We summarised the property details below, for your reference:
- Situated directly opposite the famed South Melbourne Market attracting more than 4 million* visitors per year, providing 7 day trading conditions for retailers
- Freehold two (2) level retail building with additional rear access
- Offered with vacant possession proving ultimate flexibility
A Generational & Iconic Freestanding Asset Leased to ANZ with Massive Future Potential Due to the nature of the asset inspections are strictly by pre-registration only, we strongly suggest you attend one of the scheduled inspections listed below.
- Thursday, 3rd of November between 4:30pm - 5:30pm
- Thursday, 10th of November between 4:30pm - 5:30pm
To register for an inspection please contact one of the exclusive CBRE sales agents.
100% leased to publicly listed national tenant ANZ (MKT CAP. $80.80B*)
Net income of $202,929 pa* with fixed 3% annual rental increases
Under-developed triple fronted landholding of 469sqm* with major upside (STCA)
Two Shops, One Lessee, multiple options and
enormous upside in separating the Land area 367m2 approx. Two shops leased as one and returning $137,540.88 per annum net plus GST (at settlement) on a four (4) year lease commenced 14th September 2014 for four years with two further terms of four years. CPI annual increases with market reviews at options.
Inspect by appointment only Wednesdays 10:30-11:00am or 2:30-3:00pm.
Currently held under 1 lease the shops are topped by two residential tenancies. The head Lessee, The Blue Room is a well-known and very successful modern Australian restaurant with a Mediterranean influence, located in the heart of South Melbourne and i...
SQUEAKY CLEAN INVESTMENT • Current Rental: $57,199 pa * • 5 year lease + 5 year option • Fixed 4% annual increases • Rare triple frontage (corner Yarra Place) • Premier location opposite Coles supermarket • Future development upside (STPA) Fantastic opportunity to purchase a corner freehold property amongst an extremely well performing commercial precinct.
Boutique Shop or Cafe * Ground Floor street exposure in this prominent office complex
* On site car park number 97 (under cover)
* Vacant Possession
* water and waste connected
* previously used for cafe, and design studio
The approximate outgoings are:
Council Rates $832 per annum
water rates $241 per quarter
Owners Corporation Fees $658 per quarter
UNDER OFFER!! GREAT DEVELOPMENT POTENTIAL IN PRIME LOCATION
Located just meters from South Melbourne's famous Cafes and Eateries and South Melbourne Market.
- Land Size - 140m2
- Building size - 240m2 (GBA)
- Lock up Garage at rear of building with wide laneway.
- A fantastic opportunity to occupy/invest or develop.
- Commercial 2 Zoning - DDO8.7a. (maximum overall building height should not exceed 23.5 meters or 6 storeys whichever is less)
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospe...
Ground Floor Unit In Iconic Office Building We are pleased to offer this ground floor strata titled unit currently established as a café for sale or lease.
This fantastic opportunity is ideal for a café/food operator to own their own premises as well as the business avoiding the sometimes difficulties of dealing with a landlord. You are certainly the master of your own destiny in this owner occupier situation.
Alternatively it represents a solid retail investment located on ground floor of the iconic Mercedes Benz Tower at the busy intersection of Kings Way and Sturt Street, South Melbourne. The property is offered with vacant poss...
CORNER INVESTMENT NOT TO BE OVERLOOKED!!! Located on the corner of Napier Street within an attractive period boutique development of only four, this 115m2 ground floor retail showroom (with dry basement which is not included in the advertised meterage) boasts an approximate 10m frontage that opens to a full width Victorian veranda.
Enjoying long term occupancy to Neoskin since 2005, the property is currently returning $65,000 net per annum and is leased till 31/3/16 with further terms.
Onsite undercover car parking for 2 vehicles and other features apparent upon inspection.
Disclaimer: We have obtained all information in this do...
ENTRY POINT CLARENDON STREET INVESTMENT * Rare opportunity to buy an affordable investment in this tightly held strip. * Opportunity for income growth * Leased to established cafe operators * Lease term - 4 x 4 x 4 yrs * Current net rent - $ 46,149.15 pa * Fixed annual increases * Zoned Business 1 * Building area - 125 sqm (approx) * Rear access and parking
Prominently positioned within prime inner city strip retail location is this two level corner shop and dwelling
Rolled Gold on Coventry! Realisation Auction Saturday 9th November @ 11.30 a.m.
On the sunnyside of the street, directly opposite the South Melbourne Market, and merely doors from Melbourne's newest food destination, this boutique shop and dwelling is offered for the first since the late 70s vacant possession!
Having enjoyed a successful trading history, the premises offers an open plan retail space, attractive rear courtyard - (with rear lane access) which features spiral staircase to an exciting clean & raw 1st floor residence come office that captures CBD skyline views.
AFFORDABLE TWO STOREY VICTORIAN SHOP WITH LARGE BASEMENT & LOADS OF CHARACTER OPPOSITE SOUTH MELBOURNE MARKET Positioned in heart of South Melbourne in vibrant and progressive location, side and rear laneway access, offering tremendous potential. Solid brick building of five main rooms with huge basement.
Currently returning $26,223.48 pa plus outgoings with annual CPI increases and market review after term. Secure lease until January 2014 with a further 5 year option at the tenants discretion. Occupied by hairdresser and beauty salon - very stable tenant. Wonderful freehold investment in a fast improving pocket of South Melbourne.
AFFORDABLE TWO STOREY VICTORIAN SHOP WITH LARGE BASEMENT & LOAD...
Hot & Tasty Investment....Retail Realisation Sale! Successful cafe and take away
in a high profile location servicing the surrounding businesses. Boasting a refurbished high quality fit out and located on one of South Melbourne's busiest road locations close to the corner of City road with rear access.
Securely leased for 5 years commencing 01/07/2010 and returning $47,590.00 pa as of 01/07/11 with tenant paying all outgoings.
Annual increases of 4% with two further terms of 5 years add to the quality of this leased up investment. Genuine vendor restructuring portfolio
Exceptional Retail Investment In The Centre Of Clarendon St The Old Paper Shop Deli
The Deli, in operation for over 26 years is now offered for Sale with a new 10 year plus 10 year lease. Exceptionally well located in the heart of the Clarendon Shopping strip beside the National Bank and opposite The Clarendon Centre including Coles Supermarket, and other national traders, the vibrant strip has a diversity of traders, and ample on street and off street parking servicing the shoppers.
SOUTH MELBOURNE CORNER CAFE.... 5 DAYS Significant opportunity to acquire a successfully established and popular coffee bar cafe with a wide range of sandwiches, salads and other light but easy to prepare gourmet food, pastries and cakes. It has a super ambience created by the comfortable, up-market dcor, that has grown from strength to strength since inception.
* Well established, same owner 5yrs
* Popular cozy Breakfast/Lunch cafe, providing some of the best food around
* Fantastic modern groovy decor
* Is perfect for a husband/wife team
* Customer base caters to locals and many repeat customers
* Low rent $30,000 pa, inc...
Mortgagee Auction - Iconic 2 Storey Inner City Hotel To be Sold with Vacant Possession
Opportunity to reinstate hotel or convert to residential (STCA). Large 425m2* site with 3 frontages totalling over 50m*. Residential 1 zoned site. Fully fitted out premises including 9 flat screen TVs, kitchen and furniture. Includes main bar, dining room, bistro, commercial kitchen plus 8 first floor rooms. Strategic South Melbourne location between Clarendon and Moray Streets.
Interstate and local bidding by prior arrangement.
Under instructions from Cor Cordis as Agents for the Mortgagee in Possession.
WORK OR WORK AND LIVE IN COMFORT AND CONVENIENCE This prominent, modern tri level office or office and residence offers all of the creature comforts you could need whilst presenting a professional workplace close to all of Southbank and Clarendon Street's attractions and services. Generous sized rooms are enhanced by natural light from 3 sides whilst staff can enjoy air conditioned work areas. Double garaging is backed up by abundant public street parking and multiple trams within walking distance for clients and staff. There is a full bathroom with shower and bath plus a top floor ensuite off a large bedroom or private office. Excellent ci...
A GREAT OFFICE OR OFFICE/WAREHOUSE WITH FULL FACILITIES Set up a cobblestone street and located just a walk away from Docklands and town, this modern property is an ideal proposition for an owner occupier needing kitchen and bathroom facilities. Ground floor warehousing doubles as parking and storage with a second side entrance, whilst upstairs there is 2 levels of comfortable open plan offices and a 2nd toilet, shower and kitchenette. 2 front decks round out an attractive proposition at a very modest price.
Superb Opportunity to Invest Located on the South East corner of Bismark place close to Montague Street with quick access to the Westgate Freeway, Citilink and the CBD. Excellent standalone building of 200sqm occupying 200sqm of land, having corner position and fronting Thistlethwaite Street. This sort after property in the New Capital City 1 zone has a very good tenant for the next 4 years paying $36,000.00 net. This is a rare opportunity to buy a securely leased property in this future re-development precinct. The building has natural light throughout and includes an office and amenities along with storage and roller d...
OWN YOUR OWN RETAIL STRIP 328-362 Clarendon Street; 49 & 55-69 Emerald Hill Place & 244-246 Park Street, South Melbourne
For Sale by Expressions of Interest closing Wednesday 15 April 2015
- Extremely rare offering of entire block from Bank Street to Park Street (100 metres frontage*) - 15 retail tenancies, 2 office tenancies & 10 residential tenancies - fully leased & on a single title with potential for subdivision (stca) - Staggered lease expiry with many rents arguably below market - Site area of 2,761sqm with further development potential (stca) - Estimated net income of $1,146,555 p.a.* + GST as at 30 June 201...
Refit as Office Space or Redevelop (STCA) * Total site area of 360 sqm* (Building 500 sqm*) * Purpose-built cooking training facility * 42 cooking stations, 2 commerical kitchens * Foyer, offices, student changerooms/amenities * Zoned CCZ1
Richard Hutton 0418 531 772 Nick Bade 0425 781 892
BIG PRICE REDUCTION - SUPERB OFFICE/SHOWROOM AND CARETAKER RESIDENCE Superbly fitted and beautifully maintained, this property offers a wonderful opportunity to work and live without compromising creature comforts or professional presentation and at a most affordable price point. Set over 3 levels with a ground floor office or showroom, first floor office area, full bathroom facilities to the residence, a full kitchen, 2nd bathroom to the office/showroom area and 2 generous balconies. The location is a stroll to Clarendon Street shops and cafes, Southbank, the city and Albert Park lake.
CONVERTED WAREHOUSE OFFICE/CARETAKER RESIDENCE Soaring high ceilings, clever spaces, polished concrete and timber floors lift this property to another level of finish and style. An ideal environment for creative work or a gallery style space with the option of living on site. A large 2 car garage or storage and outdoor 1st floor terrace compliment this inviting and flexible building, located walking distance from Clarendon St, Albert Park Lake, Southbank and the city.
AFFORDABLE AND COMFORTABLE OFFICE. STOP PAYING RENT. Owner occupiers and investors must inspect this well laid out 1st floor office of 163sqm (approx.). All in good order but also presenting an opportunity to refurbish to your own taste. Features: Air conditioning, partitions, 2 car parks and new carpets. All within walking distance to transport, local eateries and recreational facilities.
SOLD AT AUCTION - MIXED USE SHOWROOM & OFFICE SOLD AT AUCTION Friday 28th June 2013 at 12:30pm
Estimated Price Guide - $800,000 plus
Ideally positioned near the corner of Kings Way and Park Street, this multilevel showroom is available for the astute purchaser.
Additional Features Include:
• Building Area: 237 sqm*
• Rear Access via R.O.W
• Two (2) Off Street, Undercover Car Parks
• Reverse Cycle Air Conditioning
• Abundant Natural Light
• Great Exposure Via Kings Way
• Zoned Mixed Use
• Ideal Development Potential (S.T.C.A)
• Available Now
For further Commercial or Industrial needs of similar properties contact IC...
SOUTH MELBOURNE GEM Freestanding Office / Retail building with easy access to South Melbourne Market, Albert Park Lake and Melbourne Sports and Aquatic centre.
• Lease Term: 2 + 2 years (commenced 01/05/12)
• Rental Income: 42,000 per annum net approx.
• Reviews: Fixed 5% per annum
• Rear access via ROW
• Potential to redevelop (STCA)
• Zoning: Business 1
• Suit investors/owner occupiers
PRIME CORNER LOCALE-RIPE FOR REDEVELOPMENT! Boasting an enormous 34m corner frontage on Moray & Napier Streets, this property presents an amazing opportunity. Approximately 390m2 of office/residence is situated on a generous 244m2, 9m X 25m, North facing allotment. Available is the versatility of utilizing the home/office or capitalising on the obvious redevelopment potential (STCA). Downstairs consists of generous parking for at least three vehicles, plenty of storage, open plan office spaces with 2 separately partitioned work areas. Upstairs offers a good sized fully air-conditioned apartment with 2 bedrooms, separate dining, liv...
PRIME MARKET LOCATION AND AFFORDABLE Positioned in the heart of South Melbourne DIRECTLY OPPOSITE SOUTH MELBOURNE MARKET in this vibrant and progressive location, side and rear laneway access, offering tremendous potential. Solid brick building of five main rooms with huge basement.
Currently returning $27,033 pa plus outgoings with annual CPI increases and market review after term. Secure lease until January 2014 with a further 5 year option. Occupied by hairdresser and beauty salon - very stable tenant. Wonderful freehold investment in a fast improving pocket of South Melbourne.
1860's History, 21st Century Style Home / Office or Shop S.T.C.A. The historic façade of this c1860's former shop front and adjacent original stables reveal a sensational contemporary domain. Only just completed, the superb reinterpretation of the original spaces has resulted in supremely stylish and eminently versatile environs perfectly tailored to a 21st century lifestyle.
Period charm and inspired designer style are brilliantly aligned through the beautiful sitting room and evocative dining room featuring high ceilings, timber floors and open fireplaces. The sleek integrated white stone kitchen and light-filled living and dining room open completely th...
ULTRA COOL LANEWAY OFFICE/CARETAKER RESIDENCE Architect designed inspirational spaces over 4 levels offer a fully air conditioned and flexible floor plan tucked away in one of South Melbourne's historic cobblestone lanes only minutes walk to Clarendon Street, The Arts complex, Southbank and the City. Comprising: ground level entry, 3 car garage (via stacker) and laundry/store, First floor open office and 2 studio/offices plus full bathroom, 2nd floor spacious office/living with beautifully appointed kitchen opening to a sunlit terrace, Top floor superb master bedroom/retreat with en suite plus a private terrace with sweeping CBD views...
ALL SMALL DEVELOPERS, OCCUPIERS AND INVESTORS A HUGE OPPORTUNITY AT A REALISTIC PRICE IN THE CAPITAL CITY ZONE. This vacant office/showroom/factory is ready to refurbish or develop (sta) and offers wide front and rear street frontages, a regular shaped title and is within easy walking distance to the City, Southbank and Docklands. Major arterial roads and the light rail are moments away.
Land 276 sqm approx. with over 10 metres frontage and rear roller door access.
Be a part of this exciting new chapter of South Melbourne history now, or land bank for the future. INSPECT WED 4 -4.30.
PARKGATE - THE OTHER BLOCK A rare opportunity to acquire this block of renovated art deco apartments on one title. Comprising nine neutral toned fully renovated two bedroom serviced apartments with three off street car spaces in blue chip location with MSAC, Albert Park Lake, city tram, local shopping and restaurants at your doorstep. Floorplans offer fabulous open plan kitchen and living area with Bosch appliances, two double bedrooms (built-in robes), fully tiled modern central bathroom (LG washing machine/clothes dryer), heating/air conditioning and intact deco features. Irregular Allotment: 470sqm (approx.). A wond...
A SOUTH MELBOURNE LANDMARK Prominently located on a corner site overlooking Kingsway and with a long standing tenancy to The Marquee Night Club, this imposing period brick building is a tremendous investment opportunity with possible future development potential (sta) and massive exposure to city commuter traffic.
Cheaper To Buy Than Rent Located on the corner of Kings Way and St Kilda Road, Albert Square is a modern strata office complex complemented by basement carparking and consists of 40 office suites tenanted by various professionals.
This attractive 46m2 app strata office suite with north western aspect, is basically open plan with a rear store area and has its own kitchenette. Communal facilities are located front and rear of the development and directly opposite this premises across the corridor so not a long walk for relief which is a relief. This most central of office facilities offers 24/7 access with the conven...
HIGHLY SOUGHT AFTER YET SELDOM FOUND Combine the following ingredients:
* Corner of Market & Northumberland Streets - site of some 496sqm (approx) * Older style warehouse 450sqm (approx) * National tenant (Pedders Shock Absorbers Service Pty Ltd) * Business Zone 3 * Side access off Kent Place * Magnificent upside * Current annual net income $60,528 plus GST * Lease expiry 30 November 2013 * Lessee right of renewal is 5 years * 4% fixed annual increases
This property will be offered for sale via Public Auction onsite, on Thursday 14th March 2013 at 1.00pm unless sold prior.
Arguably one of South Melbourne's must have prope...
A FLEXIBLE OPPORTUNITY A magnificent period building offering fully refurbished office accommodation with the flexibility to be converted for retail or residential use, a stones throw from everything this Bayside location has to offer.
• Building Area: 446sqm*
• Land Area: 601sqm*
• Frontage to Ferrars Street of 61 metres*
• Off street parking for 9 cars
• Zoning: Mixed Use
TWO SOUTH MELBOURNE OPPORTUNITIES - BUY ONE OR BOTH! Located one block from Clarendon Street between Coventry & York street this is a rare opportunity to secure one or two contemporary office buildings with the added value of approved plans & permits for an additional two levels.
No. 4 Yarra Street comprises an open plan 2 level office of 228 sqm approximately with undercover car parking for 2 cars. Offered on a monthly tenancy.
No 6 Yarra Street comprises 222 sqm approx of modern space with undercover car parking .
Please contact Brett Willis 0415 858 394 for more information
HIGH EXPOSURE SHOP & SEPARATE FIRST FLOOR APARTMENT - SOLD *Building Area:180sqm approx *Rear access with 3 car parks *Quality retail on the fringe of the CBD *Renovated 2 bedroom apartment with separate front and rear access *Apartment features open plan living, pressed metal ceiling to lounge, ducted heating and living room overlooking park *Shop features 3 phase power and mezzanine storage *Ideal for an owner occupier looking for income stream or investor taking advantage of the ready to lease condition.