** PRIVATE SALE **
FIRST TIME OFFERED IN 50 YEARS
An outstanding opportunity to secure a significant landholding within one of Melbourne’s most tightly held and highly sought locations.
• Existing two level office building with GBA of 1,050m2* offering secure income of $175,000* p.a. with leases expiring September 2022
• 675m2* of Mixed Use (MUZ) zoned land allowing for future multi-level development (STCA)
• Three street frontages:- Chapel Street - 18* metres- Dianella Lane - 38* metres- Rear frontage - 17* metres
• Within 50* metres to vibrant Carlisle Street retail precinct, nearby Balaclava train station, Coles and Woolworths supermarkets plus much more.