168-172 Gladstone Street South Melbourne is just 1.5kms from the CBD core and in close proximity to the Crown Casino precinct and South Melbourne retail and market.
Plans are available for luxury apartments and townhouses to be built on this 473sqm site with rear lane access. With a short term holding income of $75,000 pa, approx. there is no rush to start building.
The property sold to a property developer for $3.05 million.