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Level 2 Suite 204/120 Bay St
Port Melbourne VIC 3207
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Level 2 Suite 204/120 Bay St Port Melbourne VIC 3207

  • Offices
  • 368 m²
  • For Sale, Contact Agent

BLUE CHIP INVESTMENT!!! - 5.9% NET YIELD

  • Modern building fully fitted & tenanted
  • Large Terrace.
  • 33 under cover secure car parking spaces

This superb A grade office building offering 334m2 & 368m2 + Terrace areas of 120m2 and 33 under cover secure car parking spaces. Facing Bay Street with ample natural light and quality fit-out including reception, partitioned offices, meeting rooms, open plan and huge terrace for outdoor entertaining.

Lemon Baxter is proud and delighted to offer the following offices for your consideration. You can purchase one or both offices.

Suite 204
Size 368m2 + terrace and 17 car parking spaces on Level 2
Current rental is $137,114.00 net pa + outgoings + GST.
Annual increase is 3% with no market review
Lease expires: 28/2/2025 with 1 further term of 2 years
Price guide is $2,250,000 = Net yield 6.1%

Suite 205
Size 334m2 + terrace and 16 car spaces on Level 2.
Current rental is $125,269.00 net pa + outgoings + GST
Annual increase is 3% with no market review.
Lease expires: 28/2/2025 with 1 further term of 2 years
Price guide is $2,100,000 = Net yield 6.0%

Key features include:
1.Complete with high quality fit-out with amazing natural light
2.Heating and Cooling
3.Kitchen and staff break out areas
4.Cafés and eateries with Port Melbourne beach just a stone throw away.
5.Excellent access to major aerial roads including West Gate Freeway, Southbank and CBD

This opportunity is certainly not to be missed. Seeing is believing. Call to arrange a private tour now!!!!

Property Highlights

Floor Area368 m²
Land AreaAsk Agent
Parking17 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018835363
Category
Last updated  12 Apr 2024
Map for Level 2 Suite 204/120 Bay St Port Melbourne VIC 3207

Property Highlights

Floor Area368 m²
Land AreaAsk Agent
Parking17 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018835363
Category
Last updated  12 Apr 2024

Co-Agents

John Pratt
Lemon Baxter Pty Ltd
Call
0412 350 828
Steven Lee
Lemon Baxter Pty Ltd
Call
0418 102 203

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Property FAQs

The agent has not listed a sale price for Level 2 Suite 204/120 Bay St Port Melbourne VIC 3207. Contact the agent for a price guide.
The floor area for Level 2 Suite 204/120 Bay St Port Melbourne VIC 3207 is 368 m².
Yes, there are 17 on-site parking spaces available at Level 2 Suite 204/120 Bay St Port Melbourne VIC 3207.
Level 2 Suite 204/120 Bay St Port Melbourne VIC 3207 is currently tenanted.
The property highlights for Level 2 Suite 204/120 Bay St Port Melbourne VIC 3207 are 'Modern building fully fitted & tenanted', 'Large Terrace.' and '33 under cover secure car parking spaces'.
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