129-131 Market Street,
South Melbourne, VIC 3205
Showrooms & Large Format Retail • Development Sites & Land
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Map of 129-131 Market Street
Superb Corner Investment With Upside
- Prime Corner Investment
- Leased to National Tenant
- Outstanding Development Potential
Savills and M.G.O'Halloran are delighted to offer For Sale by Auction this fantastic corner investment, with significant future development upside.
Key attributes of this property are:
- Prime corner land holding of 493sq m*
- Quality existing building of 450sq m*
- Three street frontages totalling 51 metres*
- Commercial 2 Zone
- 5 year lease in place to national tenant – Pedders (expiring December 2018 – no options)
- Current Net Rental: $68,640p.a. + O/G’s + GST
- Fixed 4% rental increases
- Magnificent location between City Road and Cecil Street, surrounded by South Melbourne’s best amenity including South Melbourne Market and bustling Clarendon Street
- A fantastic opportunity, providing a full range of investment, owner-occupation and redevelopment opportunities
- An ideally located corner landholding with significant redevelopment potential!
129-131 Market Street, South Melbourne is For Sale by Public Auction on Friday 10 July at 12 noon on-site.
For further information, please contact:
Savills:
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...
M.G.O'Halloran:
Martin O'Halloran - 0417 545 344
Key attributes of this property are:
- Prime corner land holding of 493sq m*
- Quality existing building of 450sq m*
- Three street frontages totalling 51 metres*
- Commercial 2 Zone
- 5 year lease in place to national tenant – Pedders (expiring December 2018 – no options)
- Current Net Rental: $68,640p.a. + O/G’s + GST
- Fixed 4% rental increases
- Magnificent location between City Road and Cecil Street, surrounded by South Melbourne’s best amenity including South Melbourne Market and bustling Clarendon Street
- A fantastic opportunity, providing a full range of investment, owner-occupation and redevelopment opportunities
- An ideally located corner landholding with significant redevelopment potential!
129-131 Market Street, South Melbourne is For Sale by Public Auction on Friday 10 July at 12 noon on-site.
For further information, please contact:
Savills:
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...
M.G.O'Halloran:
Martin O'Halloran - 0417 545 344
Property ID: 501591957Last Updated: 15 Jun 2021
129-131 Market Street
South Melbourne, VIC 3205
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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