TWO PREMIUM WHOLE FLOOR COLLINS STREET OFFICE INVESTMENTS

Levels 4 & 5, 278 Collins Street, Melbourne, Victoria 3000

Office For Sale

Expressions of Interest. EOI Date 28 Jun 2018
Floor Area: 355.00 m2.    

Description

Floor Area:

Level 4 : 353.3m²*
Level 5 : 354.7m²*
Total : 708m²*

Colliers International is pleased to present the opportunity to purchase together or individually, Levels 4 & 5, 278 Collins Street with the following key attributes:

- Super prime investment opportunities in the epicentre of the Melbourne CBD bound by Elizabeth and Swanston Streets
- Situated in Melbourne’s premier Collins Street, between the iconic and world-renowned Block Arcade and St. Collins Lane fashion destination
- Inaugural strata offering – never seen before
- Blue-chip whole floor assets of approximately 354m²* each or a combined floor area of 708m²*
- Exceptional natural light from two (2) street frontages and central light core
- Creative fit-out with high ceilings, suitable for whole floor office tenancies with the ability to be subdivided
- Securely leased with a combined annual net income of $287,122* plus GST
- Both investments are leased on five (5) year terms with further five (5) year options
- Strong income growth with 3.5% - 4.0% fixed annual increases and a record low office vacancy rate
- Well serviced by public transport options with a Collins Street tram stop at your doorstep. Additional Bourke and Elizabeth Street tram links, as well as Flinders Street Station

*Approximate

For Sale Individually or in One-Line by International Expressions of Interest (EOI) Closing on Thursday, 28th June at 12pm AEST

To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents:

Chris Ling +61 419 294 346
chris.ling@colliers.com

Anthony Kirwan +61 431 952 430
anthony.kirwan@colliers.com

This property is proudly marketed by the Melbourne City Sales team (MCS).

Features

  • TWO CONTIGUOUS WHOLE FLOOR OFFICES
  • HEART OF FINANCIAL PRECINCT IN THE CBD
  • FULLY LEASED WITH SECURE INCOME

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