Just listed! Land rich corner development opportunity with strong holding income - Land Area: 1,071 sqm - Corner street frontage of 65.27m* - Passing Net Income: $166,745.23 Alexander Robertson and Cushman & Wakefield proudly announce the availability of 146-152 Argyle Street & 329 Napier Street, Fitzroy, for sale via Expressions of Interest, closing Wednesday 26th June at 12.00 pm. A rare opportunity to acquire three (3) adjoining titles encompassing a combined land area of 1,071 sqm and boasting 65.27m* of prime corner street frontage to Argyle Street and Napier Street. This land-rich opportunity is situated in a picturesque tree-lined residential street and is improved by a single level double fronted warehouse and single level residence. The properties are fully leased and provide a substantial rental income for the short term. The northern oriented site benefits from favourable Commercial 1 Zoning and provides a magnificent future development opportunity surrounded by renowned lifestyle, retail and transport amenities. Exclusive selling agents at Alexander Robertson & Co., in conjunction with Cushman & Wakefield Melbourne. Comment or call (03) 9657 8000 to request an Information Memorandum.
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