Southbank 141-151 Sturt Street
Landmark City Fringe Development Opportunity
Hockingstuart commercial are excited to offer to the market 141-151 Sturt Street, Southbank for private sale.
We highlight some key attributes:
• Land area: 2,581sqm*
• Dual street frontages with wide rear access from Dodds Street
• Excellent passing income of $844,703.31pa + GST
• Existing two (2) level retail/office building with ample car parking
• Three (3) secure leases to IGA supermarket, medical centre and Landmark Worldwide.
• Neighbouring properties permitted for 18 levels* of mixed-use development
• Capital city zone schedule 7 (CC27)
• Would suit an iconic mixed use development (stca) or long term investment
Located within Melbourne’s arts precinct, on the edge of the CBD, close to the Royal Botanical Gardens and major arterials.
Charles Carty 0438 277 050
Kellie Liu 0433 148 705