A rare and versatile opportunity in one of South Yarra's most sought-after precincts. This offering comprises two prime commercial sites sold together in a single line, presenting a substantial 616sqm* landholding with excellent exposure and convenient onsite parking.
Currently fully tenanted, the properties deliver a strong and reliable rental income, making it an attractive acquisition for investors seeking immediate returns. With its central location, high-profile positioning, and significant land size, the site also presents considerable potential for developers looking to explore redevelopment or future enhancement opportunities in one of Melbourne's most vibrant suburbs.
32-34 River Street - Leased till December 2029 / Rent: $169,339 per annum
36 River Street - Leased till January 2030 / Rent: $72,630 per annum
Expressions of Interest close 24th February 3pm - register your interest today.
A rare and versatile opportunity in one of South Yarra's most sought-after precincts. This offering comprises two prime commercial sites sold together in a single line, presenting a substantial 616sqm* landholding with excellent exposure and convenient onsite parking.
Currently fully tenanted, the properties deliver a strong and reliable rental income, making it an attractive acquisition for investors seeking immediate returns. With its central location, high-profile positioning, and significant land size, the site also presents considerable potential for developers looking to explore redevelopment or future enhancement opportunities in one of Melbourne's most vibrant suburbs.
32-34 River Street - Leased till December 2029 / Rent: $169,339 per annum
36 River Street - Leased till January 2030 / Rent: $72,630 per annum
Expressions of Interest close 24th February 3pm - register your interest today.
Developments and amenities within a 5km radius of the asset.