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170-180 Buckhurst Street, South Melbourne VIC, 3205

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170-180 Buckhurst Street, South Melbourne VIC, 3205

170-180 Buckhurst Street, South Melbourne VIC, 3205

Properties / Sold / Victoria / South Melbourne
Development Potential

1. Property Summary

Property Type
Commercial
Land Area
1,692 m² (*approx)
Selling Method
EOI: Concluding Friday 18th December 3:30 p.m, AEDT.
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2. Property Highlights

Multiple Choice....

A) Established tenants in tail end of lease - therefore renegotiate and secure long-term.
B) Value add via immediate refurbishment and improve annual income.
C) Capitalise on underlying zoning and develop to full potential.
Land area: 1692 m2, with a principal frontage of 35m.
Gross building area: 2469 m2.
Net annual Income: $195,787 currently. $315,287 estimated fully let basis.
Zoned/DDO : Capital City Zone 1. DDO30, permitting up to 30m/8 levels (STCA).

Selling via Expression of interest, Concluding Friday 18th December 3:30 p.m, AEDT.

Remember to mention you found this property on DevelopmentReady

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Development Potential

1. Property Summary

Property Type
Commercial
Land Area
1,692 m² (*approx)
Selling method
EOI: Concluding Friday 18th December 3:30 p.m, AEDT.

2. Property Highlights

Multiple Choice....

A) Established tenants in tail end of lease - therefore renegotiate and secure long-term.
B) Value add via immediate refurbishment and improve annual income.
C) Capitalise on underlying zoning and develop to full potential.
Land area: 1692 m2, with a principal frontage of 35m.
Gross building area: 2469 m2.
Net annual Income: $195,787 currently. $315,287 estimated fully let basis.
Zoned/DDO : Capital City Zone 1. DDO30, permitting up to 30m/8 levels (STCA).

Selling via Expression of interest, Concluding Friday 18th December 3:30 p.m, AEDT.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

170-180 Buckhurst Street, South Melbourne VIC, 3205

Property Map

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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170-180 Buckhurst Street, South Melbourne VIC, 3205 South Melbourne