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12 Clark Street, Richmond

OCCUPY, REPOSITION, REIMAGINE & REAP THE REWARDS
  • Land Area:
    660 m2
  • Floor Area:
    883 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $151,000.00 + GST

CBRE Melbourne City Sales & Development Sites are delighted to present for sale, 12 Clark Street, Richmond.

Key attributes of this property include:

+ Substantial two-level Richmond building perfect for repositioning, rental uplift, occupation or land bank with short term leases that represents a strategic repositioning, value add, owner occupation and landbank play

+ Existing 883sqm* building currently used as a commercial kitchen that has significant production capacity (gas, water, electrical) having operated as a top food production facility for over 40 years

+ Strategic land holding of 620sqm* with over 17 metres* of frontage within Richmond’s fastest changing precinct surrounded by developments including Embassy by Blue Earth Group (289 apartments) & Riverside by Salta (494 apartments) both within 200 metres

+ Excellent variety of potential building uses including brewery, cafe, office, warehouse, central kitchen, food production, dark kitchen, distribution all with added potential for further development on the site (STPA)

+ With outstanding value and the properties core city fringe location and ability to reposition and future-proof the site through value-add expansion opportunities, this inner city fringe located building represents an exceptional opportunity

+ Net passing income of $151,000* per annum

FOR SALE VIA PUBLIC ON-SITE AUCTION THURSDAY 15TH AUGUST 2019 AT 12.30PM (AEST)

For information please contact the exclusive sales and marketing agents:

Julian White
+61 422 764 137

Dylan Kilner
+61 459 396 341

Guy Naselli
+61 413 750 744

*approx

Contact the team

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