Rare South Melbourne Corner Freehold

A tenanted double storey corner office building with value-add potential, 349 Moray Street South Melbourne was an astute investment opportunity to a discerning purchaser.

This piece of valuable real estate is ideally situated in one of Melbourne’s highly sought after city fringe locations offering excellent proximity to a range of first-class retail and lifestyle amenities.

Comprising 9 offices plus kitchen, end of trip facilities, common areas and balcony, the property is close to MSAC, Albert Park Lake, South Melbourne Market and Clarendon Street.

The property was previously on the market with another agency and Melbourne Acquisitions was able to achieve a $100,000 uplift on the previous list price. The private sale campaign attracted 101 enquiries and 7 offers and the property sold for $2.6M.