Property Details

  • Contact Agent
  • Development
  • 300 sqm
  • 387 sqm
  • 6

Agent Details

Luke Bisset

Associate Director - Agency

T 0400 344 211

M 0400 344 211

Email Agent

Matthew Feld

Director | Auctioneer

T 0415 803 348

M 0415 803 348

Email Agent

12 Wellington Parade, East Melbourne

OUTSTANDING DEVELOPMENT OPPORTUNITY IN HIGHLY COVETED LOCATION
Teska Carson is pleased to present 12 Wellington Parade, East Melbourne, as part of a market process, commencing with Expressions of Interest closing Wednesday 30 October 2024 at 3pm.

An incredible opportunity presents itself with a well-positioned two storey freehold building, on 387sqm of land in the premium suburb of East Melbourne.

Key attributes of this fantastic offering include;

- Two storey brick freehold set on 387sqm* of valuable East Melbourne land.

- Existing improvements present in great condition throughout, comprising two levels of consulting suites, with a total building area of approximately 300sqm.

- Returning $108,000 of annual income^, as well as 6 on site car spaces*.

- Extremely rare planning controls (7-8 stories) in East Melbourne.

- Location lends itself to a high end residential or mixed-use development.

- East Melbourne has long been regarded one of Melbourne’s most prestigious residential and commercial address.

- Situated within immediate proximity to the Melbourne Cricket Ground, Yarra Park, Fitzroy Gardens and Darling Square.

- Excellent connectivity with Hoddle Street in close proximity, as well as being nearby to Citylink and the Eastern Freeway, Jolimont Train Station, or simply a stroll into Melbourne’s CBD (1.9km*).

For further information do not hesitate to contact Luke Bisset or Matthew Feld.

Luke Bisset 0400 344 211
Matthew Feld 0415 803 348

* Approx.

^ Lease in progress of being signed