GrayJohnson and Nelson Alexander Commercial are pleased to offer for sale this versatile development site in Melbourne’s hottest city fringe location.
Currently leased to an established tenant, the property offers immediate returns and excellent scope for redevelopment.
> Well-proportioned site of 916 sqm*
> Expansive 30-metre* frontage to Sackville Street
> Significant potential for future development^
> Advantageous height controls
> Zoned Commercial 1
> Current income – $122,003 pa (with demolition clause)
> Only minutes to Smith Street – voted the World’s coolest retail and entertainment strip this year
> In-demand position with significant and recent residential & office development nearby
> Bus, tram and train transport close-by
> Just 2.5kms* to Melbourne’s CBD
EOI closing Tuesday 21 September @ 1 pm