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.