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Gray Johnson - Melbourne

365 - 369 Clarendon Street South Melbourne, VIC 3205

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365 - 369 Clarendon Street,
South Melbourne, VIC 3205

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
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Gray Johnson - Melbourne
Simon Regan

Gray Johnson - Melbourne

7/41 Exhibition Street
MELBOURNE, VIC 3000
0412 059 9...
Gray Johnson - Melbourne
365 - 369 Clarendon Street
South Melbourne, VIC 3205

Map of 365 - 369 Clarendon Street

Directions
  • Train stations within 5 km of 365 - 369 Clarendon Street, South Melbourne, VIC 3205Distance
    Anzac Station970 m
    Flinders Street Railway Station2 km
    Southern Cross Station2.1 km
    Town Hall Station2.3 km
    South Yarra Station2.7 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 365 - 369 Clarendon Street, South Melbourne, VIC 3205Distance
    129Park St66 m
    129-Park St/Clarendon St (South Melbourne)106 m
    130aRaglan StClarendon St South Melbourne201 m
    23-Moray St/Park St (South Melbourne)250 m
    25-Cecil St/Park St (South Melbourne)288 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 365 - 369 Clarendon Street, South Melbourne, VIC 3205Distance
    Ferrars StDorcas St South Melbourne579 m
    South Melbourne Market/Cecil St (South Melbourne)630 m
    Coote StDorcas St South Melbourne669 m
    Queen StDorcas St699 m
    Ferrars St/City Rd (South Melbourne)917 m
    POWERED BY HERE ©
POWERED BY HERE ©

An Investment which is State Land Tax Exempt & 5 yrs of rent increases @ 5%, providing true net returns from an established and esteemed tenant!

  • Long held and occupied investment
  • Single-level improvements of 271m²*
  • Leased to long-standing tenant
Contained within a classic post-war industrial shell boasting a 15 m* frontage to Clarendon Street, GrayJohnson is pleased to offer for immediate sale via EOI this long held and occupied retail/commercial investment.

Architecturally refurbished some 20 years back to provide a versatile open plan tenancy of 271m²* which features:
Vehicle cross over into premises via concertina glazed entrance doors, lofty mini orb ceiling, exposed roof trusses, clerestory windows, air-conditioning and polished concrete floors throughout.

The opportunity
> Well proportioned 271m²* Commercial 1 site dimension 15.11 x 18 m* with no current Design & Development Overlay.
> Versatile single level improvements of 271m²*.
> Renewed 5 year lease from 15 July 2025 to Sacred Heart Mission Incorporated – in situ since 2008.
> Built in 5% annual rent escalations seeing the commencing rent of $139,028 escalate to $168,989 pa at the beginning of the final term of lease.
>State Land Tax exempt providing a true net rent return.

Location
Nearest cross Street Park Street.

Genteel yet prominent and highly accessible.

Easy access to Kingsway and M1.

Amenities aplenty at your door or marginally distant.


*approx.

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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
Gray Johnson - Melbourne
7/41 Exhibition Street
MELBOURNE, VIC 3000

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