429 Clarendon Street
South Melbourne


>$2,300,000

Property Features


Building Size
400 m2
Land Size
208.42 m2
Floor Area
400 m2

Voluminous value adding opportunity!


Auction Wednesday 10th May @ Noon
Attractive and substantial brick interwar industrial building, possessing a commanding yet discrete presence at the Paris end of the Street. With the ability to occupy in part, the property provides flexibility and uncommon proportions with internal heights up to 5.7m!
Currently configured as two separate self-contained tenancies each of ~ 200m2. Zoned Commercial 1 with a principal frontage of over 10 metres & vehicle access via cross over, plus ~1.95m wide walking access to rear from Thomson Street. Offered vacant possession.
With modest refurbishment an anticipated net annual rent in the order of $140,000 is readily achievable.

Arrange your inspection today, or as advertised.