Be the first to know
Receive emails from properties you follow when new suites are added to them.
This strata unit is prominently located at the corner of Yates Street and Waddington Alley in the heart of Old Town Victoria. The area immediately surrounding the property, and in particular this block of Yates Street, has undergone a significant gentrification with numerous heritage buildings being upgraded to a mix of residential and live/work units. The soonto-be completed gentrification of the Janion Building and the planned redevelopment of the Northern Junk buildings, both close by, will add tremendously to the vitality of this rapidly changing area. The main floor of 524 Yates Street comprises +/-4,871 SF of space improved to the highest quality. The building, originally built in 1896, was extensively renovated and seismically upgraded in 2007/2008 into mixed use strata units with ground floor commercial and residential above by LeFevre and Company. The lower level totals +/- 2,595 SF, part of which is presently used as storage with the balance encumbered by easements for either access to common areas or for storage for residential units in the adjacent building. The vendor/tenant will lease back the +/- 1,295 SF over which it has exclusive use for the term of the lease and any renewals thereof.