16 & 17/51-55 City Road, SOUTHBANK

7% Expected yield, 2 Boutique Investments, Available as a whole or individually

To be offered by Auction Thursday 23rd July at 2:00pm.
Rare offering of 2 strata commercial office suites leased to the 1 professional and well established Tenant Vincent Chrisp Architects at market rental.
Located at Melbourne's prime southern city fringe directly opposite Southgate Complex,featuring restaurants, shops and the Langham Hotel, Eureka Skydeck, Crown Casino and short walk to Melbourne's CBD, Flinders Street Train Station, St Kilda Road, trams, Arts Precinct, parklands etc etc.

Subject building known as 'City View'.
Unit 16
* Area: 204 m2
* Leased: 5 years
* Options: 2 + 3 years
* Rental: $54,060 pa nett + Outgoings + GST

Unit 17
* Area: 145 m2
* Leased: 5 years
* Options: 2 + 3 years
* Rental: $38,425 pa nett + Outgoings + GST

Contact Martin Smyth 0411 744 000, martin@rosinsmyth.com.au to arrange appointment.

overview

  • 6197692
  • $ 1,350,000
  • Offices
  • Sold
  • 16 & 17/51-55 City Road SOUTHBANK VIC
  • 349 sqm
  • 349 sqm