87-91 York Street,
South Melbourne, VIC 3205
Offices • Shops & Retail
Key property information
Floor area
Zoning
Tenure type
Sold on
Lemon Baxter
Level 26, 2 Southbank BoulevardSOUTHBANK, VIC 3006
87-91 York Street
South Melbourne, VIC 3205
Map of 87-91 York Street
Prime Commercial Building with Rich History
- Within Clarendon Street retail precinct
- 5 Minutes walk to South Melbourne Market
- Onsite Secure Parking
Lemon Baxter is pleased to present for sale 87-91 York Street, South Melbourne via Private Sale.
| Land area 360sqm*
| Building area 530sqm*
| Frontage 14.2m* to York Street
This offering presents a compelling opportunity to acquire a well-located and income-producing commercial property in South Melbourne, boasting a unique history having been owned by one family.
87-91 York Street has been proudly owned by the same family since its inception. This enduring ownership signifies the property's consistent value and potential. The building's history is intertwined with the family's story, adding a layer of character to this already attractive investment.
The two-storey brick building boasts a total building area of 530sqm* on a substantial land area of 360sqm*, providing ample space for a variety of commercial uses. With a prominent 14.2-meter frontage on busy York Street, the building enjoys excellent visibility and exposure.
Its prime location places the property within walking distance to many local highlights, major arteries, local transportation network, ensuring easy access and connectivity.
| South Melbourne Market - 5 minutes* walk
| Tram access along Clarendon Street
| West Gate Freeway/City Link access - 400m*
| Direct access to Kings Way
| Southern Cross Train Station - 1.5km* via Clarendon tram line
| Melbourne CBD - 1.5km*
The property has a well-established rental history, consistently generating income for the current owners. It currently delivers approximately $109,272* net per annum, providing a strong return on investment.
| Ground Floor tenant is vacating, which presents an exciting opportunity to secure a new tenant and potentially adjust the layout to suit their specific needs.
| First-floor tenancy provides stable income until October 31st, 2025.
For further information regarding this prime property or to arrange a private inspection, please contact our exclusive appointed agents at Lemon Baxter.
Paul O'Sullivan - 0412 410 3...
Hans Fan 范安乐 - 0401 882 6...
*Approximately
| Land area 360sqm*
| Building area 530sqm*
| Frontage 14.2m* to York Street
This offering presents a compelling opportunity to acquire a well-located and income-producing commercial property in South Melbourne, boasting a unique history having been owned by one family.
87-91 York Street has been proudly owned by the same family since its inception. This enduring ownership signifies the property's consistent value and potential. The building's history is intertwined with the family's story, adding a layer of character to this already attractive investment.
The two-storey brick building boasts a total building area of 530sqm* on a substantial land area of 360sqm*, providing ample space for a variety of commercial uses. With a prominent 14.2-meter frontage on busy York Street, the building enjoys excellent visibility and exposure.
Its prime location places the property within walking distance to many local highlights, major arteries, local transportation network, ensuring easy access and connectivity.
| South Melbourne Market - 5 minutes* walk
| Tram access along Clarendon Street
| West Gate Freeway/City Link access - 400m*
| Direct access to Kings Way
| Southern Cross Train Station - 1.5km* via Clarendon tram line
| Melbourne CBD - 1.5km*
The property has a well-established rental history, consistently generating income for the current owners. It currently delivers approximately $109,272* net per annum, providing a strong return on investment.
| Ground Floor tenant is vacating, which presents an exciting opportunity to secure a new tenant and potentially adjust the layout to suit their specific needs.
| First-floor tenancy provides stable income until October 31st, 2025.
For further information regarding this prime property or to arrange a private inspection, please contact our exclusive appointed agents at Lemon Baxter.
Paul O'Sullivan - 0412 410 3...
Hans Fan 范安乐 - 0401 882 6...
*Approximately
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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