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Steveway Real Estate - Richmond

70-72 Cubitt Street Cremorne, VIC 3121

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70-72 Cubitt Street,
Cremorne, VIC 3121

Development Sites & Land • Warehouse, Factory & Industrial • Offices

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Map of 70-72 Cubitt Street

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OCCUPY/INVEST/REDEVELOP

Rare Landholding located within Melbourne’s most sought after tightly held blue chip city fringe Cremorne precinct with a flexible opportunity and potential to develop (s.t.c.a.)

Boasting a large 16.5 metre frontage (approx.) on two titles with a combined land area of 452 sqm approx. to be sold as one

70 Cubitt Street: Modern brick warehouse currently leased to the 19/09/2022 with no further options @ $50,647.32 per annum plus GST (gross).

72 Cubitt Street: Vacant period home with 2 bedrooms, bathroom, open kitchen, dining, living, central bathroom and courtyard.

Zoning: Commercial 2

CBD at your doorstep and a stone throw away from every amenity including Richmond Train Station, Trams, Swan Street, Retail strip, Parklands, Yarra River & easy Citylink access.

Suitable for owner occupiers, investors or multi-level commercial development (s.t.c.a.)

Directly next door 74 Cubitt Street, currently has an application in council for a planning permit for an 8 level boutique hotel – Permit number: PLN21/0530

Cremorne, 3121 demographic data

The median household income for Cremorne is $2,959, 56% higher than Greater Melbourne's household income of $1,901. Cremorne has a younger age profile compared to the rest of Greater Melbourne (median age 32 vs 37). Property ownership data shows 65% of property owners in Cremorne have a mortgage.

2,158
Population
$2,959 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households

Steveway Real Estate - Richmond

235A Church Street
RICHMOND, VIC 3121
Steveway Real Estate - Richmond
70-72 Cubitt Street
Cremorne, VIC 3121

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