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