349 Moray Street, South Melbourne


Rare South Melbourne Corner Freehold
Melbourne Acquisitions are pleased to offer on the market 349 Moray Street, South Melbourne VIC 3205.

This astute investment opportunity to purchase a piece of highly valuable real estate 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 is not to be missed.

Key highlights include:

> Commercial 1 zone land holding of 220sqm*
> Building area of 380sqm*
> Secure off-street parking and ROW access
> Passing income of $93,000 p.a net*
> Comprises 9 offices plus kitchen, end of trip facilities, common areas, balcony and abundance of natural light
> Scope for further value add refurbishment
> Potential for residential conversion (STCA)
> Easy access to MSAC, Albert Park Lake, South Melbourne Market and Clarendon Street
> Conveniently situated to many public transport options nearby and within close proximity to ANZAC Station at the intersection of Albert Road and St Kilda Road
> Suits investors, owner occupiers and/or builder developers

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