25 Palmerston Crescent,
South Melbourne, VIC 3205

Situated in prime city fringe location this modern office building provides high grade office accommodation over three self contained levels. Ideal investment opportunity with an anticipated net return of $195,000 per annum and the scope for significant rental growth. Boasting undercover car parking for 13 vehicles and immediate access to Melbourne's major road arterials.
Possibility to part-owner occupy with the entire first level of 396 sq.m currently vacant with access to 7 of the 13 car spaces.
All levels are well partitioned and have natural light throughout.
The property also has future potential as a development site with a maximium height of 60 metres potentially available (STCA).