17-23 York Street, SOUTH MELBOURNE VIC 3205 SOLD

Outstanding opportunity to purchase this perfectly configured inner-city freehold for future 6-level development (S.T.C.A).

Auction: Thursday 24th October at 12 noon on-site

Key attributes of the property include:

* Building & land area: 460 sqm (approx.)
* 23m frontage & Commercial 2 zoning
* Rental income: $81,972 per annum + GST + outgoings
* Future 6-level development (S.T.C.A.)
* Generous R.O.W. at rear

With strong holding income and outstanding long term capital gain, this property is strategically located on the doorstop to the Melbourne CBD with direct access to Kings Way and City Link.