Colliers Melbourne City Fringe Sales Team is pleased to present 11 Newton Street, Cremorne an exceptional three-level freehold office offered with the benefit of short-term holding income.
Key property highlights include:
- Prominent three-level office totalling 1,494sqm* NLA plus 25 secure on-grade car parks
- 46%* leased with coterminous lease expires in November 2025
- Commercial 2 Zoned site of 1,062sqm* offering future development optionality (STCA)
- High spec office with easily divisible floorplates benefitting from large terraces and a light well
- New AC systems installed in 2025
- 5.5 Star NABERS
- Prominent 22m* frontage to Newton Street, offering excellent external business signage opportunities (STCA)
- Exceptional PT and vehicular access, strategically positioned 80m* from Richmond's major thoroughfare, Church Street, providing easy access to M1Citylink and East Richmond station
- Perfect for owner occupiers to occupy at lease expiries or investors to renegotiate with the tenants or for a developer to explore multi-storey redevelopment (STCA)
Colliers is offering 11 Newton Street, Cremorne for sale via Expressions of Interest closing on Thursday 17th July at 2pm (AEST). For further information or to arrange an inspection, please contact a member of the Colliers Melbourne City Fringe Sales Team below:
Colliers:
Alex Browne | +61 418 350 545
Ben Baines | +61 438 328 407
Eddie Foulkes | +61 405 890 960
*Approximate