Share this property

realcommercial.com.au

339 Clarendon Street South Melbourne, VIC 3205

Directions

339 Clarendon Street,
South Melbourne, VIC 3205

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of 339 Clarendon Street

Directions

A FLEXIBLE RETAIL FREEHOLD SUITED TO INVESTORS, OCCUPIERS OR VALUE ADD BUYERS

  • Flexible retail freehold
  • Recently renewed three (3) year lease
  • Suited to a myriad of buyers
- Recently renewed three (3) year lease (no further options) to longstanding Melbourne institution The Music Place, operating here since 1992

- Annual income of $57,000* + GST + Outgoings

- Strategic and flexible landholding with separate front and rear access plus precedent for further height providing value add potential in the medium to long term

- An ultra convenient shopping destination supports by public transport linking Clarendon Street to the CBD (quite literally at your doorstep) and highly accessible east-west transit via Kings Way

- South Melbourne is arguably Melbourne's most progressive suburb benefitting from a pipeline of development that includes 1,800* residential apartments and over 90,000sqm* of new office space

CBRE Melbourne Strip Retail Investments

Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au

Property ID: 502894158Last Updated: 6 Dec 2021

realcommercial.com.au logo
339 Clarendon Street
South Melbourne, VIC 3205

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

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