MAJOR RENTAL REVERSION OPPORTUNITY
FULLY LEASED (AVG. RENT $186/SQM*)
5-8 LEVEL HEIGHT POTENTIAL (STPA)

+ Versatile three-level commercial office building with 17 car spaces suiting value-add initiatives & redevelopment

+ Net income of $274,760 p.a* with major short-medium term reversion opportunities given current rent ($186/sqm* avg)

+ Office accommodation is spread over large continuous floor plates, featuring excellent natural light to three sides

+ Public transport provides direct Melbourne CBD access via tram routes 3 & 67 on St Kilda Road

+ Nearby Acland Street offers supermarkets, cafés & restaurants for boutique tenants attracted to the precinct

+ Access to Melbourne’s most visited & famous destinations being St Kilda Foreshore, Luna Park, St Kilda Sea Baths and iconic Esplanade Hotel

+ 5 Star NABERS energy rating


FOR SALE VIA PUBLIC ON-SITE AUCTION WEDNESDAY 8TH APRIL 2020 AT 10:30AM (AEST)

In conjunction with CBRE
Scott Orchard
+61 425 760 712
Scott Hawthorne
+61 400 861 048
Rorey James
+61 439 400 081
JJ Heng
+61 411 059 116