17-23 York Street,
South Melbourne, VIC 3205
Shops & Retail • Development Sites & Land • Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Zoning
Tenure type
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Gorman Commercial Real Estate
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
17-23 York Street
South Melbourne, VIC 3205
Map of 17-23 York Street
INVEST AND LAND BANK FOR THE FUTURE
- Land area: 460 sqm (approx.)
- 23m frontage & Commercial 2 zoning
- Future 6-level development (S.T.C.A.)
Outstanding opportunity to purchase this perfectly configured inner-city freehold for future 6-level development (S.T.C.A).
Auction: Thursday 24th October at 12 noon on-site
Key attributes of the property include:
* Building & land area: 460 sqm (approx.)
* 23m frontage & Commercial 2 zoning
* Rental income: $81,972 per annum + GST + outgoings
* Future 6-level development (S.T.C.A.)
* Generous R.O.W. at rear
With strong holding income and outstanding long term capital gain, this property is strategically located on the doorstop to the Melbourne CBD with direct access to Kings Way and City Link.
Auction: Thursday 24th October at 12 noon on-site
Key attributes of the property include:
* Building & land area: 460 sqm (approx.)
* 23m frontage & Commercial 2 zoning
* Rental income: $81,972 per annum + GST + outgoings
* Future 6-level development (S.T.C.A.)
* Generous R.O.W. at rear
With strong holding income and outstanding long term capital gain, this property is strategically located on the doorstop to the Melbourne CBD with direct access to Kings Way and City Link.
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
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
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