Currently leased to an ASX listed healthcare company until March 2028, the property is improved with a three level specialised pathology laboratory and office.
The improvements occupy 4,069m² of prime Commercial 1 Zone land along the picturesque boulevard of Victoria Parade, only 1.2km from the Melbourne CBD and Parliament Station. The regular site with a 41 metre frontage sits at the cusp of both the eclectic and amenity rich Collingwood, and the affluent and tightly held East Melbourne.
The underdeveloped land suits a range of mixed use outcomes in the future, with the benefit of secure holding income from a global leader in healthcare.
- 4,069 m²* site area
- Commercial 1 Zoning
- GLA 5,891 m²*
- 138* car bays
- 100% leased to 31 March 2028
- Net Passing Income $3,198,049 p.a.*
*approx ^STCA