Emmetts are delighted to present to market 345-353 Clarendon Street, South Melbourne, one of South Melbourne’s most dominant corner freeholds, for Sale by Public Auction on 14th November at 2:30 p.m. on site.
Key attributes of the asset include:
+ Significant corner landholding of 543 square metres* with a combined street frontage of 46 metres*.
+ Existing coveted late night general liquor license for 200 patrons.
+ Existing improvements of a hospitality venue (345 Clarendon Street) and an office building (353 Clarendon Street), to be sold in one line.
+ Secure off-street parking located at the rear of the properties, accessed off Park Street.
+ Sold with an approved permit for a premium mixed-use development designed by renowned architect.
+ Current holding income from two (2) short term tenants.
+ Demolition/redevelopment clauses in both leases provides purchasers with flexibility.
+ Potential for owner-occupation to create a landmark headquarters with incredible brand exposure.
+ Fantastic transportation connectivity with tram numbers 1 and 12, the upcoming ANZAC Metro Station, as well as vehicular access to Kings Way and Melbourne’s arterial roads and freeway network.
+ Incredible local amenity with the Clarendon Street Shopping Strip, South Melbourne Market, and Albert Park Lake.
+ Ultimate flexibility of uses, to occupy, as an investment to be repositioned, or activate the permit for development.
To arrange for an inspection, please contact the Exclusive Sales Agents today.
*Denotes approximate
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