Warehouse with Development Potential, sought after Capital City Zone!

Sale/Lease - 173-175 Gladstone Street, SOUTH MELBOURNE, VIC 3205

Industrial, Development/Land (Offices, Residential, Industrial), Investment (Development/Land, Industrial)

Overview

Property ID: 15286
Price: Contact Agent
Rent: $77,330 (ex. GST)
Building: 418m²
Land: 418m²
Zoning: Capital City Zone 1

Description

This prime inner city warehouse with access points from Gladstone Street and Boundary Street is now available for sale or lease. With Capital City 1 Zoning, this property falls within an exciting framework, offering the potential for mixed use development (STPA) as demonstrated by the recent construction of apartments on either side of the site.

The precinct is bound by the West Gate Freeway, City Road, Boundary Street, Fisherman's Bend and the St Kilda Light Rail line (serviced by the 109 tram), providing great convenience of transport to the area. The Fisherman's Bend precinct plan aims to refresh the inner-city suburb into a sustainable mixed use area accommodating up to 80,000 people in residential zones and employ 80,000 people in an employment zone by 2050.

Key features of the property include:
- 418m2* of building area
- 418m2* of site area with 10+ metre* frontage
- Capital City 1 Zoning
- Sought after Fisherman's Bend redevelopment precinct
- Access from front and rear of the property
- Contracts now available!


*Approx
Pricing excludes GST.

Plans & Documents

Additional Info

Features
Age circa 1960's
Condition Good
Occupancy Tenanted: South City Automotive Repairs Pty Ltd
Suitable Development Residential/Offices
Permits Issued Nil
Availability TBC
Lease Term Monthly tenancy
Rent Review N/A
Commenced N/A
Bonds / Guarantees N/A
Car Spaces N/A
Car Parking Fees N/A
Height 5-6 metres approx
Roller Doors Two (2) Roller Shutter Door
Air Conditioning No
Floors Concrete
Sprinklers N/A
Wheelchair N/A
Lifts N/A
Outgoings
Outgoings Payable N/A
Water Rates $1,200.00 p.a. + GST approx
Owners Corp. / Insurance $1,200.00 p.a. + GST approx
Other Charges $2,000.00 p.a. + GST approx
Council Rates $7,020.00 p.a. + GST approx
Land Tax TBA

Agent Details

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