A prominent four level corner office investment

49-51 Stead Street, South Melbourne, Victoria 3205

Office For Sale

Expressions of Interest. EOI Date 12 Sep 2019
Floor Area: 1,078.00 m2.    

Energy Efficiency: 3.5   

Description

Colliers International and Gross Waddell are delighted to offer for sale this landmark South Melbourne office investment by Expression of Interest closing Thursday 12th September at 3pm.

Having been fully refurbished throughout, this magnificent 4 level corner office building presents extremely well throughout, and is ideally positioned within South Melbourne’s Commercial Precinct. The key features include:

- Fully leased to award winning architects Ewert Leaf with a total net rental of $556,348* p.a
- 7 year lease (comm. August 2018) plus options
- Annual fixed renal increases of 3,75%, market review at option
- Total building area of 1,078m²* over 4 levels, plus additional onsite car parking
- Large floor plates with excellent natural light
- Significant high exposure corner land holding of 406m²* boasting 56m of total street frontage
- Within close proximity to St Kilda Road, Melbourne CBD, Albert Park lake and well serviced by transport networks including Domain Interchange and the future Anzac Train Station

NABERS Rating: 3.5-Star

For further information please contact the selling agents.

Colliers International

Ted Dwyer 0411 312 165
Ben Baines 0438 328 407
Daniel Wolman 0412 957 839

Gross Waddell

Alex Ham 0410 545 226
Michael Gross 0419 355 561

*approx

Features

  • Newly Refurbished Office Building
  • 7 Year Lease Commencing August 2018
  • Total Net Income $556,348* p.a

Specifications

NABERS Rating 3.5 - Star NABERS Energy rating

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