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 *approx.
Email enquiry to Gray Johnson - Melbourne
Properti ID: 504676644