Secure an exceptional commercial property featuring a long-term lease to a well-established education provider. You can't get a more secure lease with a further 3 year option. Long Term 9B approved this assures secure tenancy in the future and beyond seating 150 people. This 355m²* office space offers abundant natural light, secure parking, and prime location, making it an ideal investment or future owner-occupier opportunity.
Key Investment Features:
* New Lease Agreement: Recently signed lease at $150,000 + GST + Outgoings per annum, providing solid rental returns with further 3 year option.
* Versatile Layout: Fully fitted office with a welcoming reception area, private meeting rooms, and flexible office or classroom spaces, suited for education or business operations.
* 9B Approved for a 150-person capacity (130 students, 20 staff), making it perfect for education-related tenants.
* Convenient Parking: The property comes with four secure car spaces on title.
* Strategic Location: Situated along Melbourne's prestigious St Kilda Road, with direct access to the CBD (5km*) via tram routes and major road networks. Prahran * Train Station is just 1.2km* away.
* Lifestyle and Retail Access: Close to Albert Park Lake, Chapel Street, and local shopping and dining, this property offers an attractive work-life balance for tenants and employees alike.
With a flexible settlement period and strong tenant in place, this property is a prime investment for those seeking stable returns in Melbourne's thriving commercial sector.