TWO PREMIUM WHOLE FLOOR COLLINS STREET OFFICE INVESTMENTS

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

Office For Sale

For Sale
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

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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