Watch Watch
356-362 King Street cnr Walsh Street, West Melbourne, VIC, 3003
Tenanted Investment

Property Highlights

Versatile City Fringe Corner Freehold
  • Strategic Location Nearby All Amenity
  • Commanding Corner Frontage of 49.55m*
  • Short Term Holding Income

Fitzroys is pleased to offer 356–362 King Street (cnr Walsh Street) West Melbourne for sale.

Key attributes include:

- Highly sought after and strategic corner landholding of 604sqm*

- Versatile two (2) level building of 1,200sqm* presently being utilised for short-stay residential accommodation encompassing ground floor office, twenty-eight (28) residential rooms throughout and external terrace

- Prominently positioned on the corner of King and Walsh Streets with a commanding frontage of 49.55m*

- Multiple on-site car parks and easily accessible to public parking

- Favourable 'mixed used' zone suited to alternate uses and development outcomes (STPA)

- Holding income of $122,712* per annum plus outgoings and GST

- Rapidly gentrifying and densely populated city fringe location

- Excellent opportunity to occupy, develop or value add (STPA)

- Serviced by outstanding amenities nearby including North Melbourne Station, Melbourne & RMIT Universities, Royal Melbourne Hospital medical precinct, Errol Street retail and lifestyle centre and the Queen Victoria Market

- Immediate proximity to Flagstaff Gardens

- Convenient connectivity to major road linkages, Citylink / West Gate Tunnel and only 1.5km* North-West of the CBD

- Remarkable opportunity to acquire a substantial freehold building within Melbourne's booming inner city ring

For further information or an inspection contact David Bourke, Ervin Niyaz or Ben Liu of Fitzroys.


Remember to mention you found this property on CommercialReady

Read More

Evaluate your finance options for this investment

Get advice from our experienced finance team at Ready Capital.

Book a complimentary call today

STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
356-362 King Street cnr Walsh Street, West Melbourne, VIC, 3003
STEP 03 Contact a finance professional

Map: 356-362 King Street cnr Walsh Street, West Melbourne, VIC, 3003