119/530 Little Collins Street Melbourne VIC 3000

Discover an exceptional investment opportunity with this 74 sqm prestige office, fully leased to a large corporate tenant. This office has been continuously leased to a prominent Serviced Office Provider for around two decades, making it a rare find in the market.

Unlike most small office investments with tenants lacking a track record, this property offers a large corporate tenant. The net lease currently returns $30,326.40 plus GST and outgoings per annum, with the lease commencing in December 2024 for a two-year term and featuring a 4% annual increase.

This is a 6.7% net yield!

For more information on the tenant, search for APSO (Asian Pacific Serviced Offices) on Google.

Outgoings Estimate:
Quarterly Owners Corp Fees Admin inc GST $2472.70 - Tenant Pays
Quarterly Owners Corp Fees maintenance inc GST $696.92
Annual Council Rates $1,683.76 no GST - Tenant Pays
Greater Western Water $44.39 per annum No GST - Tenant Pays
Total Per Annum Excluding GST $13,387.21

Land Tax is $975 per annum

Don't miss out on this unique investment opportunity!

Please look at the virtual tour and call with any queries.