178 Ferrars Street,
South Melbourne, VIC 3205
Offices • Warehouse, Factory & Industrial
Key property information
Floor area
Tenure type
Sold on
Lemon Baxter
Level 26, 2 Southbank BoulevardSOUTHBANK, VIC 3006
04393992...
178 Ferrars Street
South Melbourne, VIC 3205
Map of 178 Ferrars Street
Prime South Melbourne Investment Opportunity
- Rare Stand-Alone Building
- Fully Leased to 2 tenants
- 180 metres from South Melbourne Market
EXPRESSION OF INTEREST CLOSING THURSDAY 6TH JUNE @ 3.00 PM
INVEST, DEVELOP OR OCCUPY?
Lemon Baxter are pleased to offer for sale 178 Ferrars Street, South Melbourne.
The offering comprises of a standalone, two story, fully leased building which is separated into two self-contained secure tenancies with the first floor being a smartly fitted office space and the ground floor a fully fitted Commercial Kitchen with loading dock.
Land Size: 137.78 sqm
Net lettable area: 204 sqm
Zoning: Industrial 1
Current Net Income: $101,104.32 per annum Plus GST
The property is located on the West side of Ferrars street between City Road and York Street with the South Melbourne market only a stone’s throw away.
The property is located in close proximity to key attractions including:
• South Melbourne Market 180m
• Middle Park 2.9km
• Bay Street 1.4km
• Melbourne CBD 2km
• Crown Casino 950m
• Major freeway arterials 1km
• Light rail tram 190m
To obtain further information or to arrange a site inspection, please contact the
exclusive selling agents:
Chris Chartres
Director Commercial/Industrial Sales & Leasing
0439 399 2...
chris.chartres@lemonbaxter.com.au
Chris Curtain
Executive Director
0418 335 572
chris@lemonbaxter.com.au
INVEST, DEVELOP OR OCCUPY?
Lemon Baxter are pleased to offer for sale 178 Ferrars Street, South Melbourne.
The offering comprises of a standalone, two story, fully leased building which is separated into two self-contained secure tenancies with the first floor being a smartly fitted office space and the ground floor a fully fitted Commercial Kitchen with loading dock.
Land Size: 137.78 sqm
Net lettable area: 204 sqm
Zoning: Industrial 1
Current Net Income: $101,104.32 per annum Plus GST
The property is located on the West side of Ferrars street between City Road and York Street with the South Melbourne market only a stone’s throw away.
The property is located in close proximity to key attractions including:
• South Melbourne Market 180m
• Middle Park 2.9km
• Bay Street 1.4km
• Melbourne CBD 2km
• Crown Casino 950m
• Major freeway arterials 1km
• Light rail tram 190m
To obtain further information or to arrange a site inspection, please contact the
exclusive selling agents:
Chris Chartres
Director Commercial/Industrial Sales & Leasing
0439 399 2...
chris.chartres@lemonbaxter.com.au
Chris Curtain
Executive Director
0418 335 572
chris@lemonbaxter.com.au
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
Lemon BaxterLevel 26, 2 Southbank Boulevard
SOUTHBANK, VIC 3006
SOUTHBANK, VIC 3006
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