339 Clarendon Street,
South Melbourne, VIC 3205

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A FLEXIBLE RETAIL FREEHOLD SUITED TO INVESTORS, OCCUPIERS OR VALUE ADD BUYERS

Flexible retail freehold
Recently renewed three (3) year lease
Suited to a myriad of buyers

- Recently renewed three (3) year lease (no further options) to longstanding Melbourne institution The Music Place, operating here since 1992

- Annual income of $57,000* + GST + Outgoings

- Strategic and flexible landholding with separate front and rear access plus precedent for further height providing value add potential in the medium to long term

- An ultra convenient shopping destination supports by public transport linking Clarendon Street to the CBD (quite literally at your doorstep) and highly accessible east-west transit via Kings Way

- South Melbourne is arguably Melbourne's most progressive suburb benefitting from a pipeline of development that includes 1,800* residential apartments and over 90,000sqm* of new office space

CBRE Melbourne Strip Retail Investments

Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au

Property ID: 502894158Last Updated: 6 Dec 2021

339 Clarendon Street

South Melbourne, VIC 3205

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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