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

Directions

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.