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50 Commercial Road Prahran, VIC 3181

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50 Commercial Road,
Prahran, VIC 3181

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Executors Auction

  • Executors Auction 08/07/21 at 1.00
  • 262 sqm (approx.)
  • Wide rear access
1974 was an incredible time in Australia, it was the first year the show Countdown aired on TV and the first time ever you could use a credit card: the effective interest rate was 18% on those cards, luckily today you won’t to need to pay anywhere near that interest for a property like this. The owners paid 47,000 pounds for the building, some 47 years ago. What they didn’t know for sure then was just how good an investment it would be. Like all good property investments, time needed to pass before the benefits came to fruition. Like the owners all those years ago, the incoming buyer will have an incredible opportunity to set themselves up for a prosperous future. Even more so now, given the scope to be able to enhance, expand or redevelop the site, subject to Council and any other approvals of course. Just like in 1974, the Countdown is on, and for those who can see past the current condition and that have a vision towards a bright future; 50 Commercial Road is undoubtably one of those rare, historic opportunities.

• First time offered in 47 years
• Building 159 m2 internally (approx.)

Property ID: 503827706Last Updated: 12 Aug 2021

03 9805 11...
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50 Commercial Road
Prahran, VIC 3181

Detailed listing

Woodards - Camberwell
277 Camberwell Road
CAMBERWELL, VIC 3124
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