1-4 LAYFIELD STREET
South Melbourne


$6,300,000

Property Features


Building Size
876 m2
Land Size
395.00 m2

LOCAL LANDMARK IN DRESS CIRCLE LOCALE - EMERALD HILL!


McCauley's Furniture Warehouse 1884

Position, presence & further possibilities............... Either as an owner occupier - which are no less exciting for an investor. Highly functional corporate quality office, or exploit the inherent value adding opportunity potential & lease out this extremely unique building in the prevailing under supplied market.
Of rare proportions with a gross building area of 876m2 equating to a ~ net lettable of 326m2 at the ground and 285m2 to the first floor, and 11 drive in secure car parks to the lower ground floor. The current lease returns $252,771 net per annum & expires 18th April 2018 with no further term, to long term lessee.

Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.