PROPERTY DESCRIPTION

This property is currently not available.

Auction – Thursday July 7, 2011 @ 12:30pm

A developer/owner occupier opportunity in this high growth pocket of South Melbourne, between the City and the Bay.

Huge upside for conversion and/or extension. On the edge of fashionable Port Melbourne, offered with vacant possession, the site is approximately 250 sqm [11.6m frontage] with brick single storey improvements covering most of the site. Clear span with 3.6m clearance, mezzanine store area, and three phase power.

The potential net annual income would be in the order of $40,000. Zoned Industrial 3 and under consideration for enhanced rezoning STCA.

A ‘Monte’ to go up for a sea view.

Frank Callaghan 0407 313 753

Nicholas Waters 0402 288 011