349 Elizabeth Street

349 Elizabeth Street, Melbourne mcraecomm 349elizabeth 1

A 2 level retail building, built in the 1930s. Our clients were the underbidders. Sale price - $6,810,000 reflecting a cap rate of 2.67%.

Sale By public auction
Building 237 m² overall (ground 115 m² – upper 122 m²)
Land 136m² with rear laneway access
Cars Nil
Net income $182,000 with 5 yr leases and 1 further option of 5 yrs

Minimise the risk and take advantage of our expertise.

For a comprehensive list of how we can help you achieve your goals, find out more today.

Our Services