Realisation Sale - 2 Street Frontages, 16 On-site Cars & a Turnkey Building with Future Development Potential
Stonebridge Property Group is pleased to present 137 Moray Street, South Melbourne.
The property comprises a two-level building with both floors fully self-contained and ability to house two separate tenants. The building is complemented by an undercover garage/outdoor parking lot for 16 cars via the rear road access.
The landholding is in the heart of South Melbourne’s dynamic hospitality precinct, noting the immediate access to Melbourne’s famous South Melbourne Market and easy access to the CBD via City Road.
Key highlights of the property include:
- High quality 540 sqm* gross building area improved by a substantial office fit out with immediate ability to occupy or refurbish
- Substantial landholding of 468 sqm* with significant scope for future development
- Ultra-rare 16 on-site car parks via secure undercroft plus rear parking lot
- Ability to split into multiple tenancies via two strategic entry points on the ground floor. Occupy and off-set costs via a separate tenant or improve rental income via two separate tenants
- Located a stones throw away from the $200m+ 101 Moray Street office building with ground floor hospitality and café options
- Situated in the heart of South Melbourne, within walking distance to hospitality options including Bell Hotel (50 m *), South Melbourne Market (700 m*), St. ALi Coffee (300 m*), and Clarendon Street retail (300 m*)
- Moray Street is fast becoming the business precinct of the City fringe with landmark developments like 101 Moray Street, 130 Moray Street (to be delivered by Fortis) the soon to arrive “Emerald Place” new development on the corner of Clarendon Street and York Street
- Potential for business signage on high profile frontage to Moray Street
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Dylan Kilner
0459 396 341
Max Warren
0488 296 892
Chao Zhang ??
0411 625 068
* Approximate
Property Code: 994