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For Sale

Expressions of Interest closing 7th Apr 2022 2pm
Colliers Melbourne City Sales are delighted to present for sale for the first time, two brand new and attractive Collins Street office investments delivered by renowned developer, Lendlease.

Offered fully leased to two national and established businesses in Groclinics and Perfect Practive – Level 1, 893 Collins Street are the ideal long-leased investments for 2022.

LOCATION

The property is situated amongst the prestigious Victoria Harbour precinct overlooking the waterside and Buluk Park, 893 Collins Street is strategically located at the juncture of Collins Street and Bourke Street with immediate access to Southern Cross Train Station.

893 Collins Street is located within immediate walking distance to Marvel Stadium, Melbourne Convention and Exhibition Centre as well as Docklands, Crown Casino and Southbank lifestyle precinct.

GROCLINICS

+Fully leased to leading hair loss treatment centre ‘Groclinics’ spanning a high exposure and expansive 340 square metres corner tenancy

+Offering a brand new 10-year lease with two (2) further options of 5 years returning an annual net income of $136,925*

+National tenant with five (5) offices across all major Australian Capital cities including Sydney, Brisbane, Melbourne, Gold Coast and Perth

PERFECT PRACTICE

+Fully leased to one of Australia’s leading design and construction services firms across a 240 square metre corner tenancy with exclusive water views and excellent natural light

+Offering a recent 5-year lease with 1 further options of 5 years returning a net income of $117,420* per annum with fixed 3.75% annual increases

+Servicing the booming Australian healthcare industry, Perfect Practice provide tailored and highend medical fit outs creating over 1,500 practices Australia wide


For Sale offered Individually or Together via Expressions of Interest campaign closing Thursday 7th April 2022 at 2:00pm (AEST)

*Approx.

For further information please contact the sales and marketing agents below:

Anthony Kirwan | +61 431 952 430
George Davies | +61 421 799 489

In conjunction with CBRE