Property Description
Mortgagee Sale by Expressions of Interest
Closing Monday 30 March 2026 at 3:00 pm
Key Highlights:
- High yielding commercial investment on a major Melbourne arterial
- 5‑year lease from March 2025 to long‑established adult entertainment venue Candy Club
- Additional billboard income on long‑term lease producing $20,723.29 per annum + GST (as at 1 November 2025) with fixed annual increases
- Land area 418 sqm (approx.)
- Main building area 310 sqm (approx.)
- Plus a separate two‑storey building
- Commercial 1 Zone (C1Z) with a 24m building height (DDO22)
- Prominent 10.4m frontage to Victoria Street
- Generous laneway access to the rear of the site with on‑site car parking
- Approx. 4km east of Melbourne CBD
- Excellent public transport access (trams & train nearby)
To obtain further information, please contact the exclusive marketing agents.
*approx.