Skip to main content
16/51-55 City Road
Southbank VIC 3006
SearchBack to results
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*

    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

    Property Highlights

    Date Sold19 May 2022
    Floor Area204 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017302281
    Category
    Last updated  19 May 2022
    282 City Rd Southbank VIC 3006

    More Offices for Sale in Southbank VIC

    Sold
    9 meaden street,southbank, VIC 3006
    773 m²
    Offices
    Sold
    158 city road,southbank, VIC 3006
    4,014 m²
    Offices
    Sold
    2-4 douglas street,southbank, VIC 3006
    929 m²
    Offices