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119/530 Little Collins Street
Melbourne VIC 3000
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119/530 Little Collins Street Melbourne VIC 3000

  • Offices
  • 74 m²
  • For Sale, $450,000

Prestige Office, Fully leased to large corporate 6.7% net yield

    Discover an exceptional investment opportunity with this 74 sqm prestige office, fully leased to a large corporate tenant. This office has been continuously leased to a prominent Serviced Office Provider for around two decades, making it a rare find in the market.

    Unlike most small office investments with tenants lacking a track record, this property offers a large corporate tenant. The net lease currently returns $30,326.40 plus GST and outgoings per annum, with the lease commencing in December 2024 for a two-year term and featuring a 4% annual increase.

    This is a 6.7% net yield!

    For more information on the tenant, search for APSO (Asian Pacific Serviced Offices) on Google.

    Outgoings Estimate:
    Quarterly Owners Corp Fees Admin inc GST $2472.70 - Tenant Pays
    Quarterly Owners Corp Fees maintenance inc GST $696.92
    Annual Council Rates $1,683.76 no GST - Tenant Pays
    Greater Western Water $44.39 per annum No GST - Tenant Pays

    Total Per Annum Excluding GST $13,387.21

    Don't miss out on this unique investment opportunity!

    Please look at the virtual tour and call with any queries.

    Commercial Bureau Real Estate
    Commercial Bureau Real Estate
    20 Collins Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area74 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019819200
    Category
    Last updated  25 Feb 2025
    Map for 119/530 Little Collins Street Melbourne VIC 3000

    Nearest transport* to 119/530 Little Collins Street Melbourne VIC 3000

    Bus
    Train
    Tram
    Ferry
    King St/Lonsdale St (Melbourne City)323 m
    Supreme Court/Lonsdale St (Melbourne City)330 m
    King St/Lonsdale St (Melbourne City)336 m
    Spencer St/Lonsdale St (Melbourne City)338 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    Commercial Bureau Real Estate
    Commercial Bureau Real Estate
    20 Collins Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area74 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019819200
    Category
    Last updated  25 Feb 2025

    Listed by

    Gideon Marcus
    Commercial Bureau Real Estate
    Call
    0423560045

    More about 119/530 Little Collins Street Melbourne VIC 3000

    119/530 Little Collins Street Melbourne VIC 3000 is categorized as Office. It has a floor area of 74 m². The listing ID for this property is 2019819200.

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