Emmetts are delighted to present to market 345-353 Clarendon Street, South Melbourne, one of South Melbourne’s most dominant corners, for Sale. 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
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Property ID: 504707816