Strata Office Investment Opportunity with Development Upside (STCA)
PRICE
Sold
SIZE244 sqm
FLOOR244 sqm
3/113-127 YORK STREET,SOUTH MELBOURNEVIC3205
Property Features
Land is 244 m²
Floor Area is 244 m²
3 Car Spaces
For Sale by Expression of Interest closing Wednesday 26 May 2021 at 3pm.
LAWD is pleased to present this prime strata office opportunity situated within the heart of South Melbourne.
• Unit area: 244* square metres
• Commercial 1 Zone with three secure off-street car parks on title
• Lease commencement 1 April 2019 for 2 years with 2x options for 2 year extension (first option taken)
• Gross passing rent of $78,879* + GST per annum
• Convenient access to the M1 Freeway, Princes Highway and the South Melbourne light rail station
• Easy commute to several inner-city locations including Albert Park, The Royal Botanic Gardens, Port Melbourne Beach as well as the Melbourne CBD
• Close to the South Melbourne Market
• Potential for future re-development of the building (STCA)
• Suit’s investors, owner occupier and/or builder developers
*Approx.
Contact Darcy Tobin or Paul Callanan to discuss the opportunity or to receive an Information Memorandum (IM).