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16/51-55 City Road
Southbank VIC 3006
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Sold on 19 May 2022

16/51-55 City Road Southbank VIC 3006

  • Offices
  • 204 m²
  • Sold

Premium Investment Opportunity

* Sought after office location
* Direct access to Melbourne CBD
* Secure blue-chip investment

ROSIN SMYTH AND PARTNERS PTY LTD is delighted to present this premium investment opportunity perfectly located in one of Melbourne's most renowned commercial and lifestyle precincts.

Currently leased to the well-known and highly respected Vincent Chrisp Architects, this exceptional office not only boasts a secure blue-chip investment opportunity for investors but has the benefit of being surrounded by Melbourne's finest amenities. This includes world-class restaurants and cafes, luxury shopping, sporting facilities and excellent public transport access for both tenants and future owner occupiers.

Highly sought-after office location in the tightly held Southbank precinct
Secure lease to the highly regarded Vincent Chrisp Architects
Direct access to Southbank Boulevard, Melbourne's CBD and St Kilda Road Commercial Precinct
Walking distance to the Royal Botanic Gardens, Yarra River and Albert Park Lake

TENANCY SCHEDULE
Lessee: Vincent Chrisp & Partner Pty Ltd (long term building occupier)
Lease Term: 3 years commencing 1st November 20219 (lease renewal)
Further Terms: 2 x 3 years
Net Rental: $65772.13 per annum (plus GST) as of 1st November 2021
Fixed Rent Increase: 4% fixed annual increase
Bank Guarantee: Three (3) months' rent plus GST
Outgoings: 100% paid by tenant (except land tax)

Due to the current lack of supply of investment opportunities in the prime City Fringe area, there is no doubt that you'll benefit from this outstanding blue-chip investment, perfect for your self-managed super fund.

*INSPECTION BY PRIVATE APPOINTMENT ONLY*

Rosin Smyth and Partners Pty Ltd
Rosin Smyth and Partners Pty Ltd
282 City Rd
Southbank, VIC 3006

Property Highlights

Date Sold19 May 2022
Floor Area204 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017302281
Category
Last updated  19 May 2022
Map for 16/51-55 City Road Southbank VIC 3006

Nearest transport* to 16/51-55 City Road Southbank VIC 3006

Bus
Train
Tram
Kavanagh St/Southbank Bvd (Southbank)130 m
City Rd/Southbank Bvd (Southbank)146 m
Southbank Theatre/Southbank Bvd (Southbank)264 m
Flinders Street Railway Station (Melbourne City)414 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Rosin Smyth and Partners Pty Ltd
Rosin Smyth and Partners Pty Ltd
282 City Rd
Southbank, VIC 3006

Property Highlights

Date Sold19 May 2022
Floor Area204 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017302281
Category
Last updated  19 May 2022

Listed by

Martin Smyth
Martin Smyth
Rosin Smyth and Partners Pty Ltd
Call
0411 744 000

More about 16/51-55 City Road Southbank VIC 3006

16/51-55 City Road Southbank VIC 3006 is categorized as Office. It has a floor area of 204 m². The listing ID for this property is 2017302281.

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