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339 Ferrars Street, South Melbourne, VIC, 3205
South Melbourne
ULTIMATE ADD VALUE AND OCCUPY OPPORTUNITY WITH 23+ METRES FRONTAGE
The most exciting Mixed Use site in the Albert Park vicinity with possibly the best garage in the area.
A rare opportunity to obtain high income streams from 5 current tenancies (including Optus) and occupy part or increase income immediately whilst planning for refurbishment or redevelopment STA. Great residential potential (sta).
Multiple bathrooms and kitchen facilities with renovated full amenities on the top floor.
Overlooking St Vincent Place gardens, a stroll to Albert Park Lake, shops, parkland and MSAC with the light rail to the city adjacent.
Current income $111,000 pa approx, with immediate potential for $160,000 pa or more (est) as is.
Note - garage area and 1st floor predominantly vacant possession.
Land 237 sqm Building 510 sqm (approx).
Remember to mention you found this property on DevelopmentReady
ULTIMATE ADD VALUE AND OCCUPY OPPORTUNITY WITH 23+ METRES FRONTAGE
The most exciting Mixed Use site in the Albert Park vicinity with possibly the best garage in the area.
A rare opportunity to obtain high income streams from 5 current tenancies (including Optus) and occupy part or increase income immediately whilst planning for refurbishment or redevelopment STA. Great residential potential (sta).
Multiple bathrooms and kitchen facilities with renovated full amenities on the top floor.
Overlooking St Vincent Place gardens, a stroll to Albert Park Lake, shops, parkland and MSAC with the light rail to the city adjacent.
Current income $111,000 pa approx, with immediate potential for $160,000 pa or more (est) as is.
Note - garage area and 1st floor predominantly vacant possession.
Land 237 sqm Building 510 sqm (approx).
Remember to mention you found this property on DevelopmentReady
339 Ferrars Street, South Melbourne, VIC, 3205
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
