46-48 Boundary Street,
South Melbourne, VIC 3205

This is an outstanding opportunity to acquire a prime city fringe property that is suitable for owner occupiers or investors.

A modern three level first class office building with four onsite car spaces, accessible via laneway.

* Lettable area 419sqm approx
* Land area 217sqm approx
* Zoned: Capital City 1

Tenancies
Ground Level
* Lease: 1x1 from May 2018
* Rental: $18,000 per annum
* Area: 44.5sqm

First Level
* Vacant possession
* Area: 185.82sqm

Second Level
* Lease: 2x2 from May 2018
* Rental: $64,226 per annum
* Area: 188.90sqm approx

Potential income (fully leased) $145,000 per annum approx.

Freehold title allowing future subdivision of strata title units (STCA).

Only minutes from South Melbourne's prestigious Bay Street cafe and retail precinct.

Highly accessible by all forms of public transport and direct access to Kingsway and the West Gate Freeway.

Port Melbourne light rail within 100m.

For further details and information contact CRS Property Team:

Ian Robertson - 0419 335 103
irobertson@crsproperty.com.au

Lou Montalti - 0488 553 4...
lou@crsproperty.com.au