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Lemon Baxter

87-91 York Street South Melbourne, VIC 3205

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87-91 York Street,
South Melbourne, VIC 3205

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Sale - Expression of Interest closing Wed 22 May

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Lemon Baxter
Paul O'Sullivan
Hans Fan 范安乐

Lemon Baxter

Level 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
Lemon Baxter
87-91 York Street
South Melbourne, VIC 3205

Map of 87-91 York Street

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  • Train stations within 5 km of 87-91 York Street, South Melbourne, VIC 3205Distance
    Sturt Stsouthbank BVD977 m
    Southern Cross Station1.5 km
    Flinders Street Railway Station1.5 km
    Elizabeth Stbourke St1.9 km
    Flagstaff Station2.1 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 87-91 York Street, South Melbourne, VIC 3205Distance
    127-York St/Clarendon St (South Melbourne)53 m
    128-Dorcas St/Clarendon St (South Melbourne)220 m
    117-York St/Kings Way (South Melbourne)369 m
    118-Sturt St/Kings Way (Southbank)403 m
    126-City Rd/Clarendon St (South Melbourne)439 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 87-91 York Street, South Melbourne, VIC 3205Distance
    South Melbourne Market/Cecil St (South Melbourne)252 m
    Clarendon St/City Rd (Southbank)377 m
    Cecil StCity Rd467 m
    Ferrars St/Dorcas St (South Melbourne)482 m
    Ferrars St/City Rd (South Melbourne)556 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime Commercial Building with Rich History

  • Within Clarendon Street retail precinct
  • 5 Minutes walk to South Melbourne Market
  • Up to 8 car spaces
Lemon Baxter is pleased to present for sale 87-91 York Street, South Melbourne via expression of interest, closing Wednesday 22nd May 2024 at 12pm.

Upcoming inspections:
+ Wednesday, 8th May: 1:00pm – 1:15pm
+ Friday, 10th May: 12:00pm – 12:15pm

| Land area 360sqm*
| Building area 530sqm*
| Frontage 14.2m* to York Street

This offering presents a compelling opportunity to acquire a well-located and income-producing commercial property in South Melbourne, boasting a unique history having been owned by one family.

87-91 York Street has been proudly owned by the same family since its inception. This enduring ownership signifies the property's consistent value and potential. The building's history is intertwined with the family's story, adding a layer of character to this already attractive investment.

The two-storey brick building boasts a total building area of 530sqm* on a substantial land area of 360sqm*, providing ample space for a variety of commercial uses. With a prominent 14.2-meter frontage on busy York Street, the building enjoys excellent visibility and exposure.

Its prime location places the property within walking distance to many local highlights, major arteries, local transportation network, ensuring easy access and connectivity.
| South Melbourne Market - 5 minutes* walk
| Tram access along Clarendon Street
| West Gate Freeway/City Link access - 400m*
| Direct access to Kings Way
| Southern Cross Train Station - 1.5km* via Clarendon tram line
| Melbourne CBD - 1.5km*

The property has a well-established rental history, consistently generating income for the current owners. It currently delivers approximately $109,272* net per annum, providing a strong return on investment.
| Ground Floor tenant is vacating, which presents an exciting opportunity to secure a new tenant and potentially adjust the layout to suit their specific needs.
| First-floor tenancy provides stable income until October 31st, 2025.

For further information regarding this prime property or to arrange a private inspection, please contact our exclusive appointed agents at Lemon Baxter.

Paul O'Sullivan - 0412 410 3...
Hans Fan 范安乐 - 0401 882 6...

*Approximately

Property ID: 504572584Last Updated: 3 May 2024

Lemon Baxter
Level 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
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