This One Has It All
Colliers International is pleased to offer 11-21
Buckhurst Street, South Melbourne For Sale by Expression of Interest closing
Wednesday 16th March 2016 at 3pm.
Located approximately 1 kilometre south of the
Melbourne CBD, 11-21 Buckhurst Street, South Melbourne is an asset that
delivers immediate income from two tenants and the very real prospect of a residential
apartment redevelopment (STCA) in years to come.
This strategic land holding possesses a two level
office building that benefits from two street frontages, diversified income
stream with in-built rental growth and a flexible zoning allowing for multiple
uses. Opportunities such as this are rare to come by and it will have wide
appeal to passive investors, land-banking developers and potential long-term
owner occupiers.
Key attributed of the offering include:
• Quality built two storey building
• Two street frontages with a land area of 772m² (approx.)
• Terrific tenancy profiles and well-structured leases
• Net income $280,800 p.a.
• Off-street car parking at the rear
• Surrounded by high profile businesses, schools, public transport and
parks
• Zoned Capital City Zone 1 (CCZ1)
• Allowable height 18 storey discretionary (60m)
For more information on the above property please
contact the exclusive selling agents at Colliers International.
Find out more: Click on the MESSAGE AGENT button above, or when calling the nominated Agents remember to mention you found this property on DevelopmentReady
