279-281 Clarendon Street,
South Melbourne, VIC 3205
Shops & Retail
Price information
Sold
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Key property information
Floor area
Map of 279-281 Clarendon Street
Two Shops, One Lessee, multiple options and enormous upside in separating the ground and first floor tenancies and developing above and behind as wel
Land area 367m2 approx. Two shops leased as one and returning $137,540.88 per annum net plus GST (at settlement) on a four (4) year lease commenced 14th September 2014 for four years with two further terms of four years. CPI annual increases with market reviews at options.
Inspect by appointment only Wednesdays 10:30-11:00am or 2:30-3:00pm.
Currently held under 1 lease the shops are topped by two residential tenancies. The head Lessee, The Blue Room is a well-known and very successful modern Australian restaurant with a Mediterranean influence, located in the heart of South Melbourne and is a family owned and run business established 1997. 2 street frontage, Bank Place at the rear.
Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.
Inspect by appointment only Wednesdays 10:30-11:00am or 2:30-3:00pm.
Currently held under 1 lease the shops are topped by two residential tenancies. The head Lessee, The Blue Room is a well-known and very successful modern Australian restaurant with a Mediterranean influence, located in the heart of South Melbourne and is a family owned and run business established 1997. 2 street frontage, Bank Place at the rear.
Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.
Additional information
External websites
Property ID: 501639889Last Updated: 5 Jul 2023
03 9699 75...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
279-281 Clarendon Street
South Melbourne, VIC 3205
Lemon BaxterLevel 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
Contact Agency
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