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SOLD at Tender for just over $4.5 million

Register now to find out more about the Property, view
a Slide Show and obtain a copy of the Tender Documents.

Th-441-451-home
441-451 Elizabeth Street, Melbourne

The property offers you a current net revenue of around $200,000 per annum; plus the opportunity to add considerable further accommodation. Alternatively, you may choose to completely redevelop the entire site.

Either way, Bruce Henderson Architects have prepared some Concept Plans - to give you an idea of just what might be possible.

You may care to read some history to Toad Hall.

The Land

The Land is irregular in shape - with a frontage of 27.03 metres to Elizabeth Street, and an area of some 1,130 sq metres.

Existing Buildings

The Existing Buildings are a combination of 4-level and 2-level structures, totaling to some 1,883 sq metres in area.

Current Revenue

Current Revenue (of around $207,000 per annum) comes from the Toad Hall Hotel and two separately leased tenancies.

Development Opportunity

Concept Plans have been prepared by Bruce Henderson Architects to considerably add to the existing buildings. Or you may choose to redevelop the site into a high-impact Retail location.

Legal Package

The full Legal Package includes the Invitation to Tender, plus:

  • Contract of Sale
  • Vendors Statement
  • Lease Documents
  • Certificates & Reports