EOI $900,000 - $990,000

199 Victoria Street, WEST MELBOURNE VIC 3003

142 m²

226 m²

EOI $900,000 - $990,000

199 Victoria Street, WEST MELBOURNE VIC 3003

142 m²

226 m²

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High-Exposure, Dual-Income Victorian with Every City Advantage

Expressions of Interest close 12:00pm Tuesday 8th September unless sold prior

Open for Inspection Friday 1:30 PM-1:50 PM

• Historic Victorian freehold with rear access, a downstairs shopfront, and second-storey residence
• Currently leased for a total of $56,000 per annum, with a shopfront option for lease extension until 2032
• Right by Queen Victoria Market and Flagstaff Gardens, steps to universities, hospitals, trains, trams & the CBD

Comprising both a residence and shopfront, benefiting from rear access, and retaining the rich character it's held for close to 150 years, this mid-Victorian prize stands as a Melbourne staple and rare chance to capture a piece of its history.

Accompanied by Mixed Use zoning (MUZ), two existing tenancies for instant passive incomes, and the option to transform down the line, the freehold proves one of the city's most exciting investment, business, and residential opportunities. With the ground-floor shopfront currently leased to a thriving hospitality business, the rear-accessed upper storey hosts a warm, welcoming home rented to a long-term tenant. An oversized, sky-lit dressing room serves an expansive main bedroom, while other highlights include a second bedroom doubling as a study, living/dining room, bathroom/laundry, kitchen with gas cooking, and entertainer's open-air terrace taking in unforgettable views of nearby skyscrapers.

A short stroll reveals RMIT, the University of Melbourne, Parkville's hospital precinct, tranquil Flagstaff Gardens, numerous trams, trains on multiple lines, the buzz of Errol Street and surrounds, and Queen Victoria Market placed a handful of doors away, along with the shopping, culinary, arts, afterhours, and entertainment scenes the CBD is famous for.

For more information, please contact:

Joel Campbell
0438 838 014

Anthony Elliott
0433 171 740

Location

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