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159-161 Clarendon Street, Southbank VIC

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159-161 Clarendon Street, Southbank VIC
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159-161 Clarendon Street, Southbank VIC

Properties / Buy / Victoria / Southbank
Development Potential

1. Property Summary

Property Type
Residential, Commercial
Sub Type
Other, Retail/Shopping Centre
Land Area
210 m² (*approx)
Zoning
C1Z
Local Government
Port Phillip
Selling Method
Expressions of Interest: Concluding 7th December at 3 pm.
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2. Property Highlights

More than meets the eye!
  • Boasting a gross building area of some 200 m^2
  • A basement of approximately 100 m^2
  • Currently returns a gross $47,301.82 per annum

Boasting a gross building area of some 200 mÂ2, but waite there's moreâ|â|
A basement of approximately 100 mÂ2 and freestanding former stable and loft of approximately 70 mÂ2 over two levels.
With inherent potential throughout - ground, basement, stable and loft. The first floor residece of six main rooms which has been tastefully refurbished of recent times is approximately 110 mÂ2 and has its own distinct entrance from Clarendon St is available for immediate occupancy. Whereas the ground floor retail space occupied by Pho a Go Go under lease till 30th November 2023 (this lease incorporates a 6 month redevelopment clause) currently returns a gross $47,301.82 per annum.
Selling via Expression of Interest concluding 7th December at 3 pm.

 

Remember to mention you found this property on DevelopmentReady

 
Read More
Development Potential

1. Property Summary

Property Type
Residential, Commercial
Sub-type
Other, Retail/Shopping Centre
Land Area
210 m² (*approx)
Zoning
C1Z
Local Government
Port Phillip
Selling method
Expressions of Interest: Concluding 7th December at 3 pm.

2. Property Highlights

More than meets the eye!
  • Boasting a gross building area of some 200 m^2
  • A basement of approximately 100 m^2
  • Currently returns a gross $47,301.82 per annum

Boasting a gross building area of some 200 mÂ2, but waite there's moreâ|â|
A basement of approximately 100 mÂ2 and freestanding former stable and loft of approximately 70 mÂ2 over two levels.
With inherent potential throughout - ground, basement, stable and loft. The first floor residece of six main rooms which has been tastefully refurbished of recent times is approximately 110 mÂ2 and has its own distinct entrance from Clarendon St is available for immediate occupancy. Whereas the ground floor retail space occupied by Pho a Go Go under lease till 30th November 2023 (this lease incorporates a 6 month redevelopment clause) currently returns a gross $47,301.82 per annum.
Selling via Expression of Interest concluding 7th December at 3 pm.

 

Remember to mention you found this property on DevelopmentReady

 
Read More
Development Potential
Simon Regan
Simon Regan
+61 *** *** *** show +61 412 059 900
Message Message
+61 412 059 900 simonr@dixonkestles.com.au Message

Download Development Site Report
Simon Regan
Simon Regan
+61 *** *** *** show +61 412 059 900
Message Message
+61 412 059 900 simonr@dixonkestles.com.au Message

3. Property Location

159-161 Clarendon Street, Southbank VIC

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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159-161 Clarendon Street, Southbank VIC Southbank
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Dixon Kestles
Dixon Kestles
161 Park Street South Melbourne Vic 3205
Simon Regan
Simon Regan
+61 *** *** *** show +61 412 059 900
Enquire