189 Nelson Place, Williamstown VIC

Originally constructed in 1876 for The Bank of Australasia this iconic corner freehold offers grandeur, versatility , prominence, upside in an absolute waterfront location.
An extremely rare and perfectly timed opportunity to acquire a piece history in a waterfront lifestyle precinct that is still very much affordable and undervalued.

• Land area 304 sqm(approx.) Extensive frontage to both Nelson Place and Cole Street
• Building area 400 sqm(approx.) of original decadent charm that is readily adaptable to modern trends with a sunbaked courtyard
• Commercial 1 zone (CZ1) in DDO8 which allows maximum of 3 storeys (stca)
• Versatile and opulent double storey freehold boasting oversized ceiling heights, polished floors and a classic sophistication suited to retail, hospitality, office, or residential use (stca)
• Offered with vacant possession
• Investors: potential rental $150,000 per annum plus GST plus outgoings
• Owner occupiers: understand this - landmark freehold with endless possibilities |powerhouse corner |undervalued absolute waterfront location| Very seldom do assets like this become available to the market.

This is it. The waterfront position you've been searching for. The views, the lifestyle, the prestige - it all comes together at 189 Nelson Place Williamstown. This is your chance to own a landmark.
Make it yours.

For inspections and further information contact:
James Gregson 0421 516 480 (Gregson Commercial) or Mason Viola 0470 666 334 (Gregson Commercial)
Harry Karageorge 0417355911 (Sweeney)