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> 12 Wellington Parade

Outstanding Development Opportunity In Highly Coveted Location

12 Wellington Parade

East Melbourne, Victoria, 3002, Australia

Property ID: #5275683 // Land
Traditional Sale
List Price:
USD $1,896,330.16
This amount was converted from the original amount of 3,000,000.00 AUD to USD at the exchange rate as of 2025-03-14 13:00:00 UTC
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  • LOCAL ECONOMY
Icon 3,229.17 ft²
Icon 0.1 acres
Icon - beds
Icon - baths
Title:
Outstanding Development Opportunity In Highly Coveted Location
Address:
12 Wellington Parade
City:
East Melbourne
State, Province or Island:
Victoria
Zip Code:
3002
Country:
Australia
Property Type:
Land
Additional Property Types:
Land
Property Size:
3,229.17 ft²
Lot Size:
0.1 acres
Data Source:
Properstar
MLS/Reference Number(s):
100898268
Source Property Type:
PlotOfLand

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Property Information

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

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Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2025-01-28 20:22:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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