POINT OF INTEREST:
REALISATION SALE - MUST BE SOLD VIA PRIVATE SALE CLOSING ON THE 17TH SEPTEMBER 2024 UNLESS SOLD PRIOR.
CURRENT SHORT TERM RENTAL INCOME GENERATES A CIRCA 7% YIELD.
In the heart of Port Melbourne’s commercial precinct, yet pleasantly removed from the suburb’s hustle and bustle, sits this highly presentable ground floor, corner office — one of only six in this boutique estate. Measuring 225 sqm*, the floor plan is functional, and the fit out considered with three partitioned offices, two open-plan workspaces, a boardroom, reception area, and 10 on-site car parks. The property is further highlighted by floor-to-ceiling windows on two sides of the office allowing natural light to stream inside.
Currently leased until the 5th November 2024 with no further options by Tangible Technology who provide IT managed services and IT support across all the critical components of IT infrastructure to clients Australia and globally. Occupiers can take advantage purchasing a property as a going concern, bypassing the payment of GST and accessing this premises from the 6th November 2024.
Located just 4 km* from the CBD, this estate is easily accessed by the West Gate Freeway — less than 1 km* away and via public transport options at the end of the street.
Points Worth Mentioning:
- Total Building Area: 225 sqm*
- Short term lease until November 2024 of $55,140 per annum (7% Yield buyers)
- Considerable fit out owned by landlord.
- Ducted heating and air-conditioning.
- Ground floor suite excellent for disability services.
- 10 car spaces on title.
POINT OF VIEW:
Ground floor and corner positioned office suites of this quality and at this price point are few and far between in this current market — and in one of Port Melbourne’s nicest boutique estates — it’s attention astute buyers.
*Approx.
Pricing excludes GST
