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Dixon Kestles - South Melbourne
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219-221 Park Street South Melbourne, VIC 3205

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For Sale - Sale by Negotiation

219-221 Park Street South Melbourne, VIC 3205

Shop & Retail
Sale Price

CIRCA 4.5% NET RETURN

Land area

1011.0m²

Floor area

620.0m²

PRIME FOR REPURPOSING!

For Sale by Expressions of Interest closing Friday 12th July at 3:30pm

OPEN FOR INSPECTION: Wednesday 26th June, 2:30pm-3:15pm

Boasting a 20 metre frontage to two streets respectively, with an overall site area of 1011 sqm, this Commercial 1 site merely doors from Clarendon Street on the verge of Emerald Hill, provides a proven tenancy history with a compelling case of value adding in the near to medium term.

Consisting of 620 sqm built improvements, being 5 self-contained tenancies and up to 6
on-site car parks that currently return $272,492.64 net annually.

Call now to advance your interest.

Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.

Property ID: 503218374Last Updated: 18 Jun 2019

Dixon Kestles - South Melbourne
219-221 Park Street
South Melbourne, VIC 3205
John Pratt
Simon Regan

Dixon Kestles - South Melbourne

161 Park Street
SOUTH MELBOURNE, VIC 3205

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Dixon Kestles - South Melbourne

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Dixon Kestles - South Melbourne

161 Park Street
SOUTH MELBOURNE, VIC 3205
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John Pratt

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John Pratt
Dixon Kestles - South Melbourne
219-221 Park Street South Melbourne, VIC 3205

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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