Rosebud real estate offered for the first time in 25+ years


Two substantial sites along Victoria’s magnificent Mornington Penninsula have hit the market this week for the first time in over 25 years.

The properties, at 2-4 and 6-8 Henry Wilson Drive, Rosebud, are being offered by MP Burke Commercial Real Estate via an Expressions of Interest campaign which is expected to catch the eye of a number of investors both locally and abroad.

Strategically located approximately 75kms south of Melbourne in the Rosebud Business Estate, the sites offer an excellent opportunity to invest, landbank or develop, according to MP Burke.

“Offering major exposure to Boneo Road, this unique offering is primed to capitalise on the growth of one of Australia’s major and most attractive growth corridors – the Mornington Peninsula,” an agency representative said.

“Key attributes of the properties include an outstanding location on the Mornington Peninsula with major exposure and frontage to Boneo Road, a position amongst major companies and institutes such as Bunnings and the Chisholm Institute, easy access to the Mornington Peninsula Freeway and the Melbourne CBD, plus scope to undertake further development, complete re-development (STCA) or occupation,” the representative added.

Expressions of Interest will close on Friday, 23rd November 2018 at 4:00pm.

Carlton Clock Tower keeps ticking over

Sutherland Farrelly have sold three office suites and six car spaces at the “Carlton Clock Tower” development at 255 Drummond Street, Carlton via an Expressions of Interest campaign for $1,700,000.

Suite 65 is a partitioned office of approximately 116 square metres, the majority offered with vacant possession.

Whilst Suite 69 – 70 has an area of 255 square metres, with balcony and CBD views and is leased with a current rental of $61,867 per annum plus GST and outgoings.

Retail sale in iconic St Kilda precinct

Sutherland Farrelly have also sold 117-119 Fitzroy Street, St Kilda, being prominently situated in iconic Fitzroy Street, St Kilda café/restaurant precinct.

Located in the vibrant and tightly held Fitzroy Street retail hub, the property is located near Grey Street and Canterbury Road.

Sold with vacant possession, the building has a gross building area of 212 square metres. Accommodation incorporates ground floor offices and first floor kitchen facility, storeroom and amenities.

The property is zoned ‘Commercial 1’ under the Port Phillip Planning Scheme.

Selling agent, Paul Farrelly said the property created “a substantial amount of enquiry” and was purchased by an owner occupier.