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187 Bank Street Apartment Building For Sale South Melbourne, VIC 3205



Investment Highlights
- Opportunity for future value enhancement through apartment refurbishment or strata subdivision
- Anchor tenant Florsheim Australia, backed by NASDAQ-listed Weyco Group.
- Positioned in a major retail strip surrounded by leading national retailers and lifestyle amenities.
- Fully leased investment with diversified income from retail and residential uses.
Executive Summary
Fully leased mixed-use corner freehold with diversified retail and residential income located in South Melbourne.The property occupies a high-profile corner position on Clarendon Street and Bank Street in South Melbourne. It consists of two retail tenancies and two residential units across four titles, delivering income security and long-term potential. Positioned within a tightly held inner-city precinct, it benefits from strong connectivity to Melbourne CBD, Southbank, and surrounding high-density residential areas.
Property Facts
| Sale Type | Investment | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 4,844 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Building Class | C | Tenancy | Single |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,844 SF |
| No. Stories | 3 |
| Tenancy | Single |
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187 Bank Street
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