Conquest Commercial is pleased to present an outstanding investment opportunity, securely leased to the Commonwealth Government of Australia. This modern, strata-titled ground floor office space spans 221 sqm* and is fully fitted to the highest commercial standards, with an estimated fitout value of approximately $500,000 (including a disabled lift). Key features of this investment include:
Lease Commencement: 26th October 2021
Lease Expiry: 25th October 2027, with a 3-year option
Current Rent: $115,576 per annum gross + GST
1 Secure Car Space on Title
Located on the ground floor of the prestigious "Trilby Apartments", a standout 10-level apartment development, the property enjoys prominent frontage and excellent exposure along the popular Smith Street.
Positioned near the intersection of Smith Street and Alexandra Parade, the property is close to Collingwood’s vibrant residential, commercial, and retail hubs. It offers superb access to the Eastern Freeway and CityLink, as well as direct tram access right outside the door, providing a quick route into the CBD and Northern Suburbs.
Just a 2-minute walk away, the upcoming Fitzroy Gasworks development will create an urban village featuring approx. 1200 apartments, a senior high school and sports centre (already completed), and large open public areas. This development offers significant long-term benefits and growth potential for the surrounding area.
With the strength of an extremely reliable tenant, an exceptional high-quality fitout, and the exciting Gasworks development on the horizon, this investment offers security and considerable upside for investors.
For further details, please contact the selling agent below.