15-29 & 31-33 Bank Street,
South Melbourne, VIC 3205
Other
Key property information
Land area
Floor area
Sold on
Map
Commercial Car Park and Office Building
- Commercial car park & office investment
- Huge land area of 2,877sqm
- Excellent development potential (STCA)
For Sale by International Expressions of Interest Closing 3pm Thursday 22 October 2015
Colliers International is pleased to offer for sale 15-29 and 31-33 Bank Street, South Melbourne. The two adjoining properties comprise a major commercial car park and office complex plus a freestanding three level office building. The properties are leased to quality tenants and provide a solid holding income. With a combined land area of 2,877sqm the properties provide excellent development potential (STCA) in a prime South Melbourne location.
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Commercial Car Park and Office Building
Major South Melbourne Development Opportunity
15-29 Bank Street, South Melbourne
- Improvements: 380 bay commercial car park and 1,504sqm office building
- Land area: 2,158sqm
31-33 Bank Street, South Melbourne
- Improvements: three level office building with a NLA of 1,216sqm
- Land area: 719sqm
Total Land Area: 2,877sqm
Flexible zoning enabling commercial, residential and hotel use (STCA)
The properties are being offered for sale as a package by International Expressions of Interest closing 3:00pm Thursday 22 October 2015.
To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team (MCS).
Matt Stagg +61 409 411 300
Colliers International is pleased to offer for sale 15-29 and 31-33 Bank Street, South Melbourne. The two adjoining properties comprise a major commercial car park and office complex plus a freestanding three level office building. The properties are leased to quality tenants and provide a solid holding income. With a combined land area of 2,877sqm the properties provide excellent development potential (STCA) in a prime South Melbourne location.
------------------------------------------------------------------------------------------------------------------------------------
Commercial Car Park and Office Building
Major South Melbourne Development Opportunity
15-29 Bank Street, South Melbourne
- Improvements: 380 bay commercial car park and 1,504sqm office building
- Land area: 2,158sqm
31-33 Bank Street, South Melbourne
- Improvements: three level office building with a NLA of 1,216sqm
- Land area: 719sqm
Total Land Area: 2,877sqm
Flexible zoning enabling commercial, residential and hotel use (STCA)
The properties are being offered for sale as a package by International Expressions of Interest closing 3:00pm Thursday 22 October 2015.
To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team (MCS).
Matt Stagg +61 409 411 300
South Melbourne, 3205 demographic data
The median household income for South Melbourne is $2,101, 11% higher than Greater Melbourne's household income of $1,901. South Melbourne has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 53% of property owners in South Melbourne have a mortgage.
11,548
Population
$2,101 per week
Median household income
39 years
Median age
Renters
Most residents
Families
Most households
03 9629 88...
15-29 & 31-33 Bank Street
South Melbourne, VIC 3205
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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