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276 Ingles Street, Port Melbourne

Impressive corner land bank with income
  • Land Area:
    2,746 m2
  • Floor Area:
    1,700 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $450,000.00 + GST
  • Frontage:
    106 m
  • 2,746sqm* Capital City Zone corner landholding with uninterrupted CBD view aspects with ultimate flexibility to landbank, occupy or develop
  • Existing 1,700sqm* warehouse with at grade parking for 18 cars
  • Favourable five (5) year lease term providing $450,000p.a* net income with demolition clause
  • Corner Position with combined frontage of 106m*
  • New train station proposed 100m* away providing access to Melbourne’s CBD with additional new tram route on the door step
  • Major precinct attracting huge global and domestic investment and nominated for unlimited height potential and flexibility in land uses according to DDO32 (STCA)
  • Less than 2km* to the Melbourne CBD, Crown Entertainment Complex, DFO Southwharf, Bay Street Retail Food & Lifestyle Strip and Port Melbourne Beach
  • Outstanding connectivity to Westgate Freeway and Bolte Bridge providing direct access to Melbourne’s North and Western suburb

 

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