SOUTH MELBOURNE FREEHOLD OFFICE BUILDING – SOLD

Emmetts completed the sale of prime freehold South Melbourne office building following a 5-week public marketing campaign culminating in a competitive public on site auction.

Office Investment, Development Sites, Investment Services

Property:

Situated on Albert Road, South Melbourne directly opposite Albert Park Lake, the property comprised features appealing to investors, owner occupiers and developers.

Investment considerations included:

+ Freehold office building of 390 sq m*

+ Land area 297 sq m*

+ Six on site car parks

+ Outstanding lifestyle and public transport amenities within walking distance to MSAC, Albert Park Lake, South Melbourne Market and the Clarendon Street retail and hospitality precinct as well a range of transport options.

+ Commercial 1 Zone providing for a range of potential high value redevelopment opportunities including retail, residential, hotel and office.

* denotes approx.

For further information on this sale, contact the agents.