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

*Approx.