Barry Plant Commercial and Gross Waddell ICR are excited to offer 173-175 Clarendon Street, South Melbourne. This trophy corner freehold is nestled amongst the bustling retail and commercial precincts of South Melbourne and occupy’s the prime intersection of Clarendon Street and Market Street.
• Prominent corner three level freestanding building comprising commercial and residential accommodation with CBD views
• Strategic South Melbourne landholding of 231 sqm* with rare rear laneway access, pursuant to favourable Commercial 1 Zoning (CZ1) permitting a variety of uses
• Ground floor is a fully fitted hospitality venue and boasts a full commercial kitchen. First Floor consists of a 3 bedroom apartment with a separate Clarendon Street entry
• Fully fitted basement bar with extensive history of existing liquor license
• Opportunity to create a prime passive investment, providing a diversified income stream across commercial and residential tenancies
• Three street frontages to Clarendon Street, Market Street and rear lane way, with a significant 42 m* exposure to the highly trafficked catchment, providing enormous forward-thinking Owner Occupier, Value Add & Developer appeal (STCA)
• High foot traffic location within this thriving city fringe lifestyle precinct, surrounded by all major banks, Coles, Chemist Warehouse, Gazman, Grill’d, Hunky Dory, 7 Eleven, as well as a host of popular eateries
• Well-serviced by Public Transport networks on Clarendon Street and Kings Way
For sale via Private Treaty.
For further information or to inspect the property, please contact the exclusive agents directly.
*approx.
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