129-131 Market Street,
South Melbourne, VIC 3205
Shops & Retail • Development Sites & Land • Warehouse, Factory & Industrial
Price information
Sold
$1,725,000
Key property information
Land area
Floor area
Sold on
Map of 129-131 Market Street
HIGHLY SOUGHT AFTER YET SELDOM FOUND
Combine the following ingredients:
* Corner of Market & Northumberland Streets - site of some 496sqm (approx)
* Older style warehouse 450sqm (approx)
* National tenant (Pedders Shock Absorbers Service Pty Ltd)
* Business Zone 3
* Side access off Kent Place
* Magnificent upside
* Current annual net income $60,528 plus GST
* Lease expiry 30 November 2013
* Lessee right of renewal is 5 years
* 4% fixed annual increases
This property will be offered for sale via Public Auction onsite, on Thursday 14th March 2013 at 1.00pm unless sold prior.
Arguably one of South Melbourne's must have properties, the opportunity speaks for itself.
For further information please contact the exclusive listing agents.
* Corner of Market & Northumberland Streets - site of some 496sqm (approx)
* Older style warehouse 450sqm (approx)
* National tenant (Pedders Shock Absorbers Service Pty Ltd)
* Business Zone 3
* Side access off Kent Place
* Magnificent upside
* Current annual net income $60,528 plus GST
* Lease expiry 30 November 2013
* Lessee right of renewal is 5 years
* 4% fixed annual increases
This property will be offered for sale via Public Auction onsite, on Thursday 14th March 2013 at 1.00pm unless sold prior.
Arguably one of South Melbourne's must have properties, the opportunity speaks for itself.
For further information please contact the exclusive listing agents.
Additional information
External websites
Property ID: 500580875Last Updated: 8 Apr 2014
04032595...
129-131 Market Street
South Melbourne, VIC 3205
Teska Carson Pty Ltd - Richmond6 Yorkshire Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121
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