Emmetts are delighted to present to market 345-353 Clarendon Street, South Melbourne, one of South Melbourne’s most dominant corners, for Sale by Public Auction on 14th November at 2:30 p.m. on site.

Key attributes of the asset include:

+ Significant corner landholding of 543 square metres* with a combined street frontage of 46 metres*.

+ Existing coveted late night general liquor license for 200 patrons.

+ Existing improvements of a hospitality venue (345 Clarendon Street) and an office building (353 Clarendon Street), to be sold in one line.

+ Secure off-street parking located at the rear of the properties, accessed off Park Street.

+ Sold with an approved permit for a premium mixed-use development designed by renowned architect.

+ Current holding income from two (2) short term tenants.

+ Demolition/redevelopment clauses in both leases provides purchasers with flexibility.

+ Potential for owner-occupation to create a landmark headquarters with incredible brand exposure.

+ Fantastic transportation connectivity with tram numbers 1 and 12, the upcoming ANZAC Metro Station, as well as vehicular access to Kings Way and Melbourne's arterial roads and freeway network.

+ Incredible local amenity with the Clarendon Street Shopping Strip, South Melbourne Market, and Albert Park Lake.

+ Ultimate flexibility of uses, to occupy, as an investment to be repositioned, or activate the permit for development.

To arrange for an inspection, please contact the Exclusive Sales Agents today.

*Denotes approximate

Remember to mention you found this property on DevelopmentReady