12 Northumberland Street
South Melbourne


Contact agent for details

Property Features


Property ID: 3154171

Building Size
420 m2

No Better Value For Money In The Area!


REALISATION SALE - THE LAST IN THE LINE.
MUST BE SOLD ON DAY, IF NOT BEFORE!!
Virtually brand new 3 level office/warehouse unit with potential residential application (STCA).
Situated within the vibrant South Melbourne Market precinct this, 3 level warehouse/office provides a total building area of approximately 420 square metres.
Aside from boasting outstanding proximity to all the amenities South Melbourne is renowned for the property features several outdoor terrace areas plus an expansive glass curtain wall extending over levels 1 and 2 which will take in wonderful CBD skyline vistas.
Each level is self contained and predominantly open plan with 10 core cabling as standard and generous appointment of storage to wet areas.
Undercover car parking for up to 6 vehicles within the lofty ground floor can be comfortably provided.
Available Vacant possession and providing estimated annual depreciation benefits in the order of $25,000.
The total net income immediately prior to the property being offered for sale was $66,800 which demonstrates a real return on the investment, alternatively an outstanding opportunity for an owner occupier at a rate/m2 unavailable elsewhere in inner Melbourne. Inspect by calling.