AUCTION THURSDAY 2ND MARCH AT 12NOON ON SITE
Nichols Crowder is delighted to present to the market this prominent and high profile, two level office/showroom building which occupies a generous corner landholding in the heart of South Melbourne.
With a lease through to September 2025 (no option) and positioned on a generous Capital City Zone landholding, this stunning freehold asset is ideal for long term investment, future occupation or development (STCA).
Key highlights include:
* Main road corner profile
* Impressive tenant in massive growth - Empire Studios
* Lease through to September 2025 (no option)
* Current rental at $105,000 per annum + GST & most outgoings
* High quality showroom/office over two levels
* Building area: 754sqm*
* Site area: 460sqm*
* Capital City Zone (CCZ1)
* Surrounded by modern high level development
* Adjoins Light Rail service
* Tenant has refitted premises at their cost
* Future market rental growth expected
OPEN FOR INSPECTION
Thursday 2nd March at 11.30am, followed by Auction at 12noon
For further details or to arrange an inspection, please contact:
Julian Vautin 0420 406 660
Matt Nichols 0418 186 488
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.