Share this property

realcommercial.com.au
Lemon Baxter

279-281 Clarendon Street & 24 Bank Place South Melbourne, VIC 3205

Directions

279-281 Clarendon Street & 24 Bank Place,
South Melbourne, VIC 3205

Offices • Shops & Retail
Added 2 days ago

Price information

Sale - Expression of Interest closing Tue 19 Nov

Contact Agent

Key property information

Floor area

Car spaces

Zoning

Tenure type

Expression of Interest

Add to calendar

Private inspections

to arrange a private inspection.
Lemon Baxter
Paul O'Sullivan
Hans Fan 范安乐

Lemon Baxter

Level 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
Lemon Baxter
279-281 Clarendon Street & 24 Bank Place
South Melbourne, VIC 3205

Map of 279-281 Clarendon Street & 24 Bank Place

Directions
  • Train stations within 5 km of 279-281 Clarendon Street & 24 Bank Place, South Melbourne, VIC 3205Distance
    Flinders Street Railway Station1.8 km
    Southern Cross Station1.8 km
    NSW Train Link1.9 km
    Flagstaff Station2.4 km
    Parliament Station2.5 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 279-281 Clarendon Street & 24 Bank Place, South Melbourne, VIC 3205Distance
    128-Dorcas St/Clarendon St (South Melbourne)49 m
    129-Park St/Clarendon St (South Melbourne)216 m
    129-Park St256 m
    127-York St/Clarendon St (South Melbourne)309 m
    23-Moray St/Park St (South Melbourne)343 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 279-281 Clarendon Street & 24 Bank Place, South Melbourne, VIC 3205Distance
    South Melbourne Market/Cecil St (South Melbourne)349 m
    Ferrars St/Dorcas St (South Melbourne)426 m
    Coote St/Dorcas St (South Melbourne)556 m
    Queen StDorcas St618 m
    Clarendon St/City Rd (Southbank)644 m
    POWERED BY HERE ©
POWERED BY HERE ©

Unmatched South Melbourne Potential for Investors and/or Owner-Occupiers

  • Perfect for investors/owner-occupiers
  • Lease income potential $540,000* p.a.
  • Dual access heritage charm
279-281 Clarendon Street & 24 Bank Place, South Melbourne is a dual-access property offering heritage charm and income potential in one of Melbourne’s most vibrant precincts.

For sale by expression of interest closing on Wednesday 20th November 2024 at 12pm (AEDT).

Land area: 367sqm*
Tota Building Area: 1,484sqm* (704sqm* vacant)
NLA: 1,034sqm* (507sqm* vacant)

Key Features:
| Ground-level access via Clarendon Street, upper levels accessible by elevator via Bank Place.
| Heritage charm with stunning views of the CBD and South Melbourne.
| Light-filled spaces across multiple levels with dual access.
| Stacked carparks accommodating up to four (4) cars.
| Current income: $392,000* p.a. with potential fully leased income of $540,000* p.a.
| Three levels are leased; two vacant levels, ideal for owner-occupiers or investors.

Nestled in the heart of South Melbourne, this property boasts prime exposure on bustling Clarendon Street, surrounded by cafes, restaurants, and retail. Convenient access to public transport and close proximity to the CBD makes this a highly desirable location.

The convenience (approximate):
+ South Melbourne Market: 500m (6-minute walk)
+ Southern Cross Station: 1.7 km
+ Albert Park Lake: 1.5 km (4-minute drive)
+ ANZAC Station (under construction): 2.2 km
+ M1 Freeway: 1 km
+ Clarendon Street Shopping Precinct: Located just steps away, offering a range of cafes, restaurants, and retail outlets.
+ Crown Casino and Entertainment Complex: 1.5 km
+ Melbourne Convention and Exhibition Centre: 1.3 km
+ Royal Botanic Gardens: 2.5 km
+ South Wharf DFO: 1.8 kilometres away (around a 6-minute drive), a popular shopping destination for brand-name discounts.

Don’t miss this rare opportunity to secure a versatile property with strong income potential in a thriving market.

Contact the exclusive Lemon Baxter agents below.

Paul O'Sullivan
0412 410 3... | paul@lemonbaxter.com.au

Hans Fan
0401 882 6... | hans@lemonbaxter.com.au

*Approx

Property ID: 504716260Last Updated: 18 Oct 2024

Lemon Baxter
Level 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Lemon Baxter

Other properties you might be interested in based on the location and property type you are looking at.