Stonebridge Property Group is pleased to present for sale 58 Tope Street, South Melbourne.
- A prime city fringe freehold office building that represents the ultimate opportunity for an owner occupier to own vs lease or an astute investor to add to their portfolio
- Two level 195 sqm* building with rear garage, rooftop access (CBD views) and commercial 2 zoning providing scope for a variety of uses
- Highly functional internal building with no refurbishment needed boasting high ceilings, natural light, balcony, employees kitchens and end of trip facilities
- Positioned to benefit from the amenity on the booming Tope Street which is becoming a hotspot for new office building development include mooted the new Victoria Police development (opposite) and the recently completed 101 Moray Street (500 m*) which recently transacted for over $200m
- Zoning allows for a height limit on the site of 6 levels creating the opportunity for future development upside or exit strategy
- Offered with strategic short term holding income of $80,000 + GST + Outgoings* ideal for owner occupiers or investors who will take advantage of the robust South Melbourne office leasing market
- Rare opportunity to secure a freehold office building in Melbourne most in demand city fringe suburb
58 Tope Street, South Melbourne is For Sale by Public On-Site Auction Wednesday 8th June 2022 at 10:30am (AEST). To obtain further information, please contact the exclusive selling agents.