GrayJohnson is pleased to offer in conjunction with Whiting & Co for private sale this versatile & well proportioned retail space.

Clarendon Street is one of the few remaining largely intact period retail strips with tangible capital upside due to the emerging mixed-use development within the block, underpinned by well established commercial activities.

The property boasts an attractive rendered Boom era façade balanced interior – frontage to depth ratio of 1: 1.1, and 4.8m* internal ceiling height. Self contained with climate balanced strong room.

The opportunity:
• Prime position on strip
• Beautifully proportioned galleryesque style space of 102m²*
• Self contained with climate controlled strong room
• Rear access from Bank Place to aid materials handling
• Rich period detailing throughout
• Offered well below replacement cost
• A genuine trophy asset
• Occupy or invest – where the vendor will guarantee a net annual commencing rent of $50,000 for an initial 2-year term of lease.
• Zoned Commercial 1

The location:
• Central Clarendon Street between Westpac, ANZ and CBA
• Growing client demographic via new mixed-used development
• Highly regarded neighbourhood with unrivalled upside
• One block to The Clarendon Centre – home Coles and less than five minutes walk to the renowned South Melbourne Market, Dan Murphys, Spotlight and Woolworths

Conjunctional Agent:
Marcus Peters – 0418 337 051
Whiting & Co