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Sold on 15 Jul 2019

115-119 Salmon Street Port Melbourne VIC 3207

  • Other
  • 1,888 m²
  • Sold, $7,285,000

High Yield Investment Within Valuable Capital City Zone!

Strategically positioned within the Fisherman's Bend Urban Renewal Precinct, this versatile premises comprises two premium quality office/warehouses with a premium quality fit out. In addition to being within such close proximity to the CBD, there is great access to the site provided by the West Gate Freeway and the nearby 109 tram. 

Key Investment Features:
- Well established tenant Alliance Insurance Broking Services Pty Ltd  
- Annual income $449,924.60
- Seven (7) year lease with a further five (5) year option
- Demolition clause in the current lease enabling development opportunity.

Key Property Features
 - Total building area: 1,888m2* incorporating 1,071m2* of high quality offices, breakout space, gymnasium and amenities 
- Land area 2,043m2* with second street frontage to Rocklea Drive  
- Capital City Zoning
- On site car parking for 17 vehicles
- Situated within "Fisherman's Bend Urban Renewal Precinct" offering potential for future multilevel mixed-use development (STPA).
- Signage exposure to the Westgate Freeway 
- Short walking distance to Fishermans Bend, Pier 35, Yarra River, Princes Pier, Port Melbourne Beach, JL Murphy Reserve and Westgate Park 

CVA Property Consultants are pleased to present this spectacular investment opportunity at 115-119 Salmon Street, Port Melbourne.

*Approx
Pricing excludes GST.

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2014945323
Date Sold15 Jul 2019
Sold Price$7,285,000
Floor Area1,888 m²
Land Area2,043 m²
ParkingAsk Agent
Category
Last updated  28 Jun 2019
Map for 115-119 Salmon Street Port Melbourne VIC 3207
Map for 115-119 Salmon Street Port Melbourne VIC 3207115-119 Salmon Street Port Melbourne VIC 3207
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Our partners at Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

CVA Property Consultants Pty Ltd
18-20 Russell Street Melbourne VIC 3000

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