92 High Street
Windsor, VIC 3181

92 High Street in Windsor, Victoria, offers a rare and valuable opportunity for investors or developers seeking a substantial corner building in one of Melbourne's most sought-after inner-urban precincts. This property is strategically located in the heart of Windsor, just moments away from the vibrant Chapel Street, known for its dynamic retail, dining, and entertainment options.

The building is a modern office space that has been extensively refurbished and spans over two levels, providing a versatile environment suitable for various commercial uses. Its corner position grants it prominent exposure and dual street frontage, with 10.8 meters facing High Street and 24.2 meters along Latrobe Street. This dual frontage not only enhances visibility but also offers excellent access and flexibility for current and future configurations.

Situated within the flexible Activity Centre Zoning, the property presents significant potential for redevelopment, subject to council approval (STCA). This zoning flexibility makes it an attractive prospect for those looking to capitalize on the area's growth and development opportunities.

Currently, the property generates a substantial rental income of $229,236 per annum plus GST and outgoings, secured under a 12-month lease. This immediate holding income adds to the investment appeal, providing a steady cash flow while allowing for future development plans.

The location benefits from excellent public transport connectivity, including proximity to Prahran Railway Station and nearby tram services along Chapel Street. Additionally, it offers direct access to major arterial roads, facilitating convenient travel and logistics.

Key property specifications include a land area of 262 square meters and a building area of 453 square meters, offering ample space for commercial activities and potential expansion. The property's corner site and dual street frontage enhance its prominence and accessibility, making it a standout asset in the Windsor precinct.

Overall, 92 High Street represents a unique investment or development opportunity in a tightly held and highly desirable location. Its combination of modern office facilities, flexible zoning, strong rental return, and excellent transport links make it a compelling proposition for astute buyers seeking to establish or expand their presence in Melbourne's inner urban market.