280 City Road, Southbank
For Sale - Contact Agent
Tightly Held Southbank Freehold - Secured Income Investment
Rosin Smyth & Partners is pleased to present 280 City Road, Southbank - a freehold commercial investment offering secure passing income, predictable fixed-rate growth, and a prime city-fringe address. Fully leased on a net lease structure with the tenant responsible for all outgoings (excluding land tax), the asset is ideally positioned for SMSF purchasers and private investors seeking passive income in one of Melbourne's most tightly held precincts.
Key Highlights:
+ Secure net lease structure - tenant pays all outgoings except land tax, providing strong net return stability and minimal landlord exposure
+ Built-in income growth - fixed 4% annual rental increases, comfortably hedging long-term inflation
+ Extended tenure - 4-year lease term plus 4-year option, providing up to 8 years of income visibility
+ Current net passing income - $101,237 per annum, escalating annually under contracted reviews
+ Security deposit - equivalent to 6 months' rent ($50,618.88) held under the lease
+ Approximately 300 sqm of freehold commercial building
+ Established Southbank fringe location - moments from Melbourne CBD, Crown Entertainment Complex and major transport links
+ SMSF and private investor friendly - entry-level price point in a tightly held precinct
280 City Road represents a rare combination of secure income, contracted growth, and prime inner-city positioning at an accessible entry point. With limited new commercial supply across Southbank and sustained occupier demand throughout the precinct, the asset offers a compelling passive-income holding with genuine medium-term capital growth potential.
Inspection by appointment. Information Memorandum available to qualified enquirers on request.
For further information or to arrange an inspection, please contact the listing agent:
*approx
Martin Smyth
0411 744 000
martin@rosinsmyth.com.au