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SOLD

8-12 Sandilands Street, South Melbourne VIC 3205

Development Approved
DETAILS

OFFICE FREEHOLD WITH ENORMOUS DEVELOPMENT POTENTIAL (STCA)

SOLD!

* Strategic land holding of 490 sqm (approx.) with an extensive frontage to Sandilands Street and rear laneway

* Substantial three level office building of 650 sqm (approx.) consisting of six (6) individually titled offices being offered as a whole

* 7 on-site undercover car spaces accessed via rear laneway

* Fully leased short term holding income $170,000 (approx.)

* Commercial 1 Zone which provides for an array of development outcomes (STCA)

* Surrounded by world class lifestyle amenities including Albert Park Lake, Crown Entertainment complex, Royal Botanic Gardens, South Melbourne Market and many more

* A flexible South Melbourne asset, suitable for all buyer types including owner occupiers, investors, entrepreneurial  investors looking to sell down the strata titles and developers

* Well serviced by transport  and set to further improve by the new ANZAC STATION (DOMAIN)

Allard Shelton is pleased to offer 8-12 Sandilands Street, South Melbourne For Sale by Expressions of interest closing Wednesday 6 June at 2pm. This is an outstanding opportunity to acquire a prime city fringe freehold asset that provides its future owner the ultimate flexibility. The strategic property opens an opportunity for multiple high-end development outcomes (STCA.) Located on the city fringe only 1.9 km (approx.) south of the Melbourne CBD, this asset presents an opportunity like no other.

Expressions of Interest Closing Wednesday 6 June at 2pm

FOR AN IMMEDIATE INSPECTION CALL US TODAY!

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
SOLD:
TITLE:
20 Jun 2018
Property Area
AREA:
490 m² (*approx)
Property Type
TYPE:
Commercial, Residential, Apartment Sites, Townhouse Sites, Office, Other, Apartment Sites, Townhouse Sites, Office, Other
Development Approved
DEVELOPMENT APPROVAL:
Multiple high-end development outcomes (STCA)

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8-12 Sandilands Street, South Melbourne VIC 3205
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