16/20 Bank Place, Melbourne, VIC, 3000 - Apartment Sold on 31 10 2024

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Melbourne

SoldOct 31, 2024

16/20 Bank Place, Melbourne, VIC, 3000

Amount undisclosed

33 m²

Apartment

•

30+ days on the market

Sold: Oct 31, 2024

What's around 16/20 Bank Place

$200,000 - $220,000 Unbeatable Opportunity - NOW SOLD Another Wanted

NOW SOLD - 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. Be quick to inspect! 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