Large Victorian shop top overlooking Edith McCallum reserve.
Located on Emerald Hill, a fantastic passive investment (current tenant in situ since 1999!), with immediate value adding potential.
Accessed from either Park, Bank or Perrins Street, this approximately 10 square period dwelling retaining rich skirting boards, celing rose and open fire place & mantel has an attractive private paved courtyard entrance, with adjacent brick outhouse.
The total rental for the property (when combined with the shopfront - 344 Clarendon Street, which is leased to South Melbourne Optical (since 1998) is $76,915. This property opportunity will largely fund itself from day one!
Greater detail available, so further your interest by calling.
On site Auction 12.30 Thursday 22nd April, if not sold prior.