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SOUTH MELBOURNE
436
Clarendon St
Complete the Picture!
- Ideal "work + live" opportunity
- Huge Potential to Add Value
- Optional 3 year lease back available
Kelly & Kelly Property is excited to present a unique property that promises a blend of heritage charm and modern potential. This double-storey Victorian treasure is poised for a transformative touch to realise its full value.
Property Highlights:
* Land Area: Approximately 101m²
* Building Size: Approximately 200m² across two levels, offering ample room for both commercial and residential designs.
* Zoning: Desirable Commercial 1 zoning.
* Investment Potential: Optional 3 year leaseback at ~5.5% return (~$70k pa)
* Panoramic Rooftop Views: Unwind or entertain on the rooftop deck with amazing views.
* Convenient Rear Access: Laneway access provides additional flexibility and convenience.
* Easy living: Recently renovated bathroom and attic room
Prime Location: Strategically situated at the southern end of Clarendon Street, near the Melbourne Sports and Aquatic Centre (MSAC) and Albert Park Lake, this property stands as one of five historic Victorian-era edifices opposite the esteemed Coppersmith Hotel, surrounded by thriving boutique businesses and premium residential dwellings.
Opportunity Awaits: Seize the chance to infuse your vision into a property with significant groundwork already laid, requiring only the final touches to realise its full potential. It's an ideal prospect for businesses seeking a prestigious ground floor presence with the flexibility to transform the upper levels into residential spaces or other creative uses. The bathroom and attic have been recently renovated.
Investment Potential: Optional 3-year leaseback at approximately 5% return ($70k per annum lease) or take vacant possession.
Desirable Amenities: This coveted spot is within a leisurely stroll to a suite of amenities, making it a highly sought-after location for those desiring an urban retreat or a strategic business locale.
Whether you're seeking a strategic business location or a distinctive inner-city retreat, this property represents an unparalleled opportunity to capitalize on its existing foundation and prime position.
Contact Kelly & Kelly Property today to secure your chance to explore the potential of this remarkable property.
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Property ID:
500854619
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Key Information:
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Property Type:
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Retail, Office, Medical / Consulting
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Showroom:
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200 sqm approx
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Total m2:
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200 sqm approx
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Land Area:
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101 sqm approx
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Price:
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Contact Agent
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Car Parking:
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Off street parking via rear laneway
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Availability:
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Now
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Contact Agent:
Gordon Kelly
M: 0411 693 859
E:
gkelly@kellyproperty.com.au
Anthony Kelly
M: 0411 740 394
E:
akelly@kellyproperty.com.au
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