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32-36 River Street 2 biens • À vendre 4 422 634 $ CAD • South Yarra



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Faits saillants de l'investissement
- Fully leased investment with a combined rental income exceeding $254,000 per annum.
- Zoned Commercial 1, enabling a wide range of future development options (STCA)
- Two interconnected commercial properties offered together, totaling 616 sqm* of land.
Résumé de l'annonce
A rare and versatile opportunity awaits in the vibrant heart of South Yarra. This unique offering comprises two adjacent commercial properties positioned on a substantial 616 sqm landholding. Both sites are being sold together in one line, providing exceptional frontage, accessibility, and future development potential in one of Melbourne's most highly sought precincts.
Currently fully leased, the property delivers a combined annual income of $254,554 across two long-term tenancies, ensuring immediate cash flow security for investors. Beyond its stable rental stream, this high-profile holding offers significant value-add possibilities for developers and strategic buyers seeking long-term upside. Zoned Commercial 1, the site is ideally positioned for redevelopment into retail, office, or a mixed-use scheme (STCA), benefiting from the precinct's strong demand and upward growth trajectory.
Located just steps from Chapel Street, Melbourne's premier lifestyle precinct, the property offers unmatched connectivity with proximity to South Yarra Train Station, multiple tram routes, and major arterial roads. This blue-chip location ensures sustained tenant demand and enduring capital growth potential.
Currently fully leased, the property delivers a combined annual income of $254,554 across two long-term tenancies, ensuring immediate cash flow security for investors. Beyond its stable rental stream, this high-profile holding offers significant value-add possibilities for developers and strategic buyers seeking long-term upside. Zoned Commercial 1, the site is ideally positioned for redevelopment into retail, office, or a mixed-use scheme (STCA), benefiting from the precinct's strong demand and upward growth trajectory.
Located just steps from Chapel Street, Melbourne's premier lifestyle precinct, the property offers unmatched connectivity with proximity to South Yarra Train Station, multiple tram routes, and major arterial roads. This blue-chip location ensures sustained tenant demand and enduring capital growth potential.
Faits sur la propriété
| Prix | 4 422 634 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 408,03 $ CAD / pi² | Individuellement en vente | 0 |
| Type de vente | Investissement | Taille totale du bâtiment | 10 839 pi² |
| Statut | Actif | Superficie totale du terrain | 0,15 AC |
| Prix | 4 422 634 $ CAD |
| Prix/pi² | 408,03 $ CAD / pi² |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 10 839 pi² |
| Superficie totale du terrain | 0,15 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 32-34 River St, South Yarra VIC 3141 | Bureau | 7 394 pi² | - | - |
| 36 River St, South Yarra VIC 3141 | Commerce de détail | 3 444 pi² | - | - |
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32-36 River Street
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