New
$250,000 - $275,000 | Weston Real Estate
16/20 Bank Place, Melbourne VIC 3000
Apartment
11
Apartment size: 33 m² approx.
Unbeatable Opportunity in Melbourne's CBD
Affordable Mezzanine Level Reception Office Space or Apartment Conversion
Immerse yourself in the vibrant atmosphere of Melbourne's CBD with this unique mezzanine level reception office space, nestled in a historic building surrounded by office towers, cafes, and restaurants. For over 20 years, this space has served as the reception area for a renowned hotel chain, presenting an unparalleled opportunity for an astute buyer or investor to capitalize on this prime location. This space is ripe for conversion into a stylish apartment or could continue to thrive as office space or take advantage of the booming demand for coworking and shared office spaces. Note no bathroom in place.
Key features include:
* Rare opportunity to capitalize on Melbourne's booming CBD market
* Prime location surrounded by offices, cafes, restaurants, and public transport links
* Established reputation as a reception area for a renowned hotel chain
* Ample potential for conversion to an apartment STCA (Development Zone CCZ1)
* Established infrastructure nearby, minimizing renovation costs
* Potential for high rental yields
Don't miss out on this rare chance to secure a piece of Melbourne's Central Business District real estate landscape.
To learn more about this exceptional opportunity or to schedule a viewing, please contact Mike Weston 0458 000 456 or email michael@westonrealestate.melbourne
Weston Real Estate is a reputable, independent agency that prides itself on delivering exceptional, personalized service to our clients. With over three decades of experience, we have established a strong reputation for honesty, integrity, and open communication. Our dedicated team is committed to providing you with the highest level of expertise and service in both sales and rental management. Whether you are looking to buy, sell, rent, or manage your property, we are here to guide you through the process with professionalism and care. Our extensive knowledge of the Melbourne market ensures that we can provide you with accurate and informed advice.
For a sales or rental appraisal of your property, please don't hesitate to contact the owner, Mike Weston, directly on 0458 000 456. We look forward to the opportunity to serve you.
Property Code: 665
Immerse yourself in the vibrant atmosphere of Melbourne's CBD with this unique mezzanine level reception office space, nestled in a historic building surrounded by office towers, cafes, and restaurants. For over 20 years, this space has served as the reception area for a renowned hotel chain, presenting an unparalleled opportunity for an astute buyer or investor to capitalize on this prime location. This space is ripe for conversion into a stylish apartment or could continue to thrive as office space or take advantage of the booming demand for coworking and shared office spaces. Note no bathroom in place.
Key features include:
* Rare opportunity to capitalize on Melbourne's booming CBD market
* Prime location surrounded by offices, cafes, restaurants, and public transport links
* Established reputation as a reception area for a renowned hotel chain
* Ample potential for conversion to an apartment STCA (Development Zone CCZ1)
* Established infrastructure nearby, minimizing renovation costs
* Potential for high rental yields
Don't miss out on this rare chance to secure a piece of Melbourne's Central Business District real estate landscape.
To learn more about this exceptional opportunity or to schedule a viewing, please contact Mike Weston 0458 000 456 or email michael@westonrealestate.melbourne
Weston Real Estate is a reputable, independent agency that prides itself on delivering exceptional, personalized service to our clients. With over three decades of experience, we have established a strong reputation for honesty, integrity, and open communication. Our dedicated team is committed to providing you with the highest level of expertise and service in both sales and rental management. Whether you are looking to buy, sell, rent, or manage your property, we are here to guide you through the process with professionalism and care. Our extensive knowledge of the Melbourne market ensures that we can provide you with accurate and informed advice.
For a sales or rental appraisal of your property, please don't hesitate to contact the owner, Mike Weston, directly on 0458 000 456. We look forward to the opportunity to serve you.
Property Code: 665
Features
- Study
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
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Contact Mike Weston to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
1
Bathrooms:
1
Property type:
Apartment
Other Details
Lot:
16
Plan:
PS407840
Apartment Size:
33 m²*
Legal description:
16\PS407840
*These are approximate values based on available information.
Maps and area information
Block information
Legal description: 16\PS407840
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales
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We found 262 apartments with 1 bedrooms that just sold near 16/20 Bank Place Melbourne
Property history
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Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Melbourne suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
29 years
Population
54,941
Listing ID: 182637668. This listing has been viewed 6 times. It was first displayed on 30/06/2024 and last updated on 30/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.