Sold
PRIME SOUTH MELBOURNE OFFICE INVESTMENT
Level 1, 63 Stead Street, South Melbourne VIC 3205
Last Asking Price - $1,800,000
OfficeSize: n/a
Colliers International Melbourne City Sales team is proud to offer for sale Level 1, 63 Stead Street, South Melbourne with the following key attributes:
- Outstanding blue-chip investment opportunity situated in South Melbournes burgeoning commercial precinct, positioned just 2km* from the Melbourne CBD
- Level 1 comprises a light-filled whole floor of 563sqm total area (GFA) across seven (7) titles, providing the future landlord exceptional flexibility and control
- Seventeen (17) rarely offered and separately titled undercover car parks
- Fully leased to multiple high-quality tenants offering a secure and diversified passive income stream. Current total net income of approximately $142,576 + GST + Outgoings p.a.
- Recently refurbished, well-maintained office improvements with an expansive common rooftop terrace of 183sqm* providing direct, uninterrupted City views and a unique point of difference and amenity for future tenants/occupiers
- Highly accessible location surrounded by major road arterials (Kings Way, Albert Road, Clarendon Street) and public transport convenience including several tram & bus routes nearby
- Strong growth prospects positioned 400m* from the upcoming Anzac Train Station (Metro Rail Project) at Domain Interchange, set to drive unprecedented demand and activity within this already sought-after city fringe precinct
- Ideally suited toward passive, long term, value-add & SMSF investors and/or forward-thinking owner occupiers, alike
*Approximate
For further information or to arrange an inspection of the property please contact exclusive selling agents Colliers International Melbourne City Sales.
Anthony Kirwan +61 431 952 430
Chris Ling +61 419 294 346
George Davies +61 421 799 489
- Outstanding blue-chip investment opportunity situated in South Melbournes burgeoning commercial precinct, positioned just 2km* from the Melbourne CBD
- Level 1 comprises a light-filled whole floor of 563sqm total area (GFA) across seven (7) titles, providing the future landlord exceptional flexibility and control
- Seventeen (17) rarely offered and separately titled undercover car parks
- Fully leased to multiple high-quality tenants offering a secure and diversified passive income stream. Current total net income of approximately $142,576 + GST + Outgoings p.a.
- Recently refurbished, well-maintained office improvements with an expansive common rooftop terrace of 183sqm* providing direct, uninterrupted City views and a unique point of difference and amenity for future tenants/occupiers
- Highly accessible location surrounded by major road arterials (Kings Way, Albert Road, Clarendon Street) and public transport convenience including several tram & bus routes nearby
- Strong growth prospects positioned 400m* from the upcoming Anzac Train Station (Metro Rail Project) at Domain Interchange, set to drive unprecedented demand and activity within this already sought-after city fringe precinct
- Ideally suited toward passive, long term, value-add & SMSF investors and/or forward-thinking owner occupiers, alike
*Approximate
For further information or to arrange an inspection of the property please contact exclusive selling agents Colliers International Melbourne City Sales.
Anthony Kirwan +61 431 952 430
Chris Ling +61 419 294 346
George Davies +61 421 799 489
Inspections
No open inspections scheduled.
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Contact Anthony Kirwan to learn more about this property, request an inspection or take an online tour.
Key details
Property Type:Office
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Listing ID: 180607443. This listing has been viewed 0 times. It was first displayed on 06/05/2022 and last updated on 06/05/2022.