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.

Mortgagee Sale by EOI

Closing Monday
30 March at 3pm

Land Area

418 sqm*