FOUR TITLES TO BE SOLD IN ONE LINE

Emmetts are pleased to present for sale 429-433 Swan Street Richmond, four fully leased properties to be sold in one.

Located directly opposite Charter Hall and PDG’s 32,000 sq m $410 million office project, to be anchored by Australia Post on a 10-year lease. The development includes additional infrastructure upgrades including a pedestrian link to Burnley Train Station which will benefit the immediate precinct.

Key investment considerations:

+ Located in one of Melbourne’s best performing inner-city precincts attracting a growing range of high-quality occupiers.

+ Surrounded by significant development, and immediately opposite one of the city-fringes’ most publicised developments approx. 32,000 sq m of office to be tenanted by Australia Post.

+ Additional commercial and residential development slated over the medium term, increasing local population and spending potential.

+ Four fully leased properties configured as a single office tenancy over four shops, to be sold in one line.

+ Includes four car parks.

+ Tenanted by a leading architecture and design studio, returning a combined rent of $99,000 per annum plus outgoings plus GST.

+ Recently renewed lease providing certainty of income over the medium term during intensive development on the strip.

+ Outstanding public transport access within short walking distance to a number of tram routes and Burnley Train Station.

+ Set to benefit from infrastructure upgrades associated with the 480 Swan Street development providing for a pedestrian link from Swan Street to Burnley Train Station.

+ Excellent vehicle access with proximity to Punt Road / Hoddle Street, the Eastern Freeway, and the M1 / Monash Freeway.

Please contact the exclusive sales and marketing agents Emmetts for further information.