360-362 Clarendon Street,
South Melbourne, VIC 3205
Key property information
Tenanted Investment Details
Map of 360-362 Clarendon Street
Train stations within 5 km of 360-362 Clarendon Street, South Melbourne, VIC 3205 Distance Flinders Street Railway Station 2 km Southern Cross Station 2 km NSW Train Link 2.1 km Melbourne Airport Rail 2.4 km Flagstaff Station 2.6 kmPOWERED BY HERE © Tram stops within 5 km of 360-362 Clarendon Street, South Melbourne, VIC 3205 Distance 129-Park St/Clarendon St (South Melbourne) 47 m 24-Clarendon St/Park St (South Melbourne) 60 m 25-Cecil St/Park St (South Melbourne) 189 m 23-Moray St/Park St (South Melbourne) 280 m 128-Dorcas St/Clarendon St (South Melbourne) 294 mPOWERED BY HERE © Bus stops within 5 km of 360-362 Clarendon Street, South Melbourne, VIC 3205 Distance Ferrars St/Dorcas St (South Melbourne) 475 m South Melbourne Market/Cecil St (South Melbourne) 515 m Coote St/Dorcas St (South Melbourne) 575 m Queen St/Dorcas St (South Melbourne) 613 m Ferrars St/City Rd (South Melbourne) 804 mPOWERED BY HERE ©
Generational Corner, First Time Ever Offered to Market
- Diverse income stream, retail + office
- Annual fixed increases, from 3% to 5%
- Conservative rents, significant upside
Trophy retail investment in prized Emerald Hill precinct.
Crown Casino complex, Grand Prix circuit, South Melbourne Market, Woolworths, Coles, Anzac Station, MSAC all within 1km.
Diverse income stream from four retail shops and 332sqm* office space with dedicated Park Street entry.
Tenants include longstanding South Melbourne Fish and Chips and local favourite Relief Unit 1. cafe.
Strong and certain growth with annual fixed increases on all leases ranging from 3% to 5%.
Conservative rents with scope for significant future upside.
Two tram routes past the front door, only a 9-minute commute to Collins Street.
Residential building approvals up 39% compared to FY21 and population forecast to increase by 44% by 2041 (1).
Over $1.5 billion in nearby development completed, approved or proposed including over 100,000sqm* of new office space (2).
South Melbourne: iconic inner-city locale, only 1.7km from Melbourne CBD.
Net Income: $192,742pa + GST
Two adjoining shops also available separately.
See separate listings for 356 Clarendon Street and 358 Clarendon Street.
Buy one or buy all three.
For Sale by Private Treaty
2 Cordell Connect, Mazo, Urban Developer
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Property ID: 504049187Last Updated: 28 Jun 2022