339 Ferrars Street,
South Melbourne, VIC 3205
Shops & Retail • Offices • Development Sites & Land
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Map of 339 Ferrars Street
ULTIMATE ADD VALUE AND OCCUPY OPPORTUNITY WITH 23+ METRES FRONTAGE
The most exciting Mixed Use site in the Albert Park vicinity with possibly the best garage in the area housing 6-7 cars.
A rare opportunity to obtain high income streams from 5 current tenancies (including Optus) and occupy part or increase income immediately whilst planning for refurbishment or redevelopment STA. Great residential potential (sta).
Multiple bathrooms and kitchenette facilities with a full kitchen and 2 renovated bathrooms in the top floor apartment/office for private use.
Overlooking St Vincent Place gardens, a stroll to Albert Park Lake, shops, parkland and MSAC with the light rail to the city adjacent.
Current income $111,000 pa approx, with immediate potential for $160,000 pa or more (est) as is.
Note - garage and top floor predominantly vacant possession.
Land 237 sqm Building 510 sqm (approx).
A rare opportunity to obtain high income streams from 5 current tenancies (including Optus) and occupy part or increase income immediately whilst planning for refurbishment or redevelopment STA. Great residential potential (sta).
Multiple bathrooms and kitchenette facilities with a full kitchen and 2 renovated bathrooms in the top floor apartment/office for private use.
Overlooking St Vincent Place gardens, a stroll to Albert Park Lake, shops, parkland and MSAC with the light rail to the city adjacent.
Current income $111,000 pa approx, with immediate potential for $160,000 pa or more (est) as is.
Note - garage and top floor predominantly vacant possession.
Land 237 sqm Building 510 sqm (approx).
Property ID: 503446538Last Updated: 21 Apr 2020
Cayzer Real Estate - Albert Park
330 Montague StreetALBERT PARK, VIC 3206
03 9699 59...
339 Ferrars Street
South Melbourne, VIC 3205
Detailed listing
Cayzer Real Estate - Albert Park330 Montague Street
ALBERT PARK, VIC 3206
ALBERT PARK, VIC 3206
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