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95-101 Powlett Street East Melbourne, VIC 3002

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95-101 Powlett Street,
East Melbourne, VIC 3002

Development Sites & Land • Hotel, Motel & Leisure

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Sheer Excellence in the Heart of East Melbourne

Substantial 930sqm* East Melbourne land holding with three (3) street frontages

Home of the refurbished 26-room Magnolia Court Boutique Hotel

Less than 1 km from the Melbourne CBD with on site car parking accessed from laneway

Net income $301,394 p.a. with 4% fixed annual increases (tenant pays outgoings)

Walking distance to Fitzroy Gardens and Melbourne’s Sporting and Arts Precincts

One of the few remaining larger land holdings in East Melbourne providing exceptional development potential (STCA)

Property ID: 500399003Last Updated: 3 Oct 2023

03 8621 33...
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95-101 Powlett Street
East Melbourne, VIC 3002
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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