Skip to main content
235-241 Normanby Road
South Melbourne VIC 3205
SearchBack to results
Sold on 27 Oct 2015

235-241 Normanby Road South Melbourne VIC 3205

  • Offices
  • 4,332 m²
  • Sold

Invest Today - Develop Tomorrow

This prime South Melbourne location provides exposure to passing traffic, direct access to the Westgate Freeway, Citylink and the Melbourne CBD via Montague Street. The property is a short walk to the new South Wharf retail precinct, has a tram stop at the rear of the property and a bus stop at the front door. 235-241 Normanby Road, South Melbourne is a modern two level tertiary institution teaching Animation, Audio, Design, Film, Games, Web and Mobile.
This state of the art facility has been purpose built to accommodate the SAE QANTM Institute.
The building of 4,332 sqm over two levels occupies approximately 3,260 sqm of land.
SAE are part of the NAVITAS Group who are a publically listed company. SAE have 35 campuses in 27 countries world wide of which 6 are in Australia.
The building is leased to SAE for 10 years commencing 19th July 2014 and the tenant has a further option of 10 years.
The building is expected to be sold on a yield of 7% plus.
The Zoning is Capital City 1 with further development potential for 40 levels (STCA)

EXPRESSION OF INTEREST

Closing date and timeAsk Agent
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Date Sold27 Oct 2015
Floor AreaAsk Agent
Land Area4,332 m²
ParkingAsk Agent
Property ID2012001184
Category
Last updated  27 Oct 2015
Map for 235-241 Normanby Road South Melbourne VIC 3205

Property Highlights

Date Sold27 Oct 2015
Floor AreaAsk Agent
Land Area4,332 m²
ParkingAsk Agent
Property ID2012001184
Category
Last updated  27 Oct 2015

Listed by

Lemon Baxter Pty Ltd
Call
03 9699 7500

More Offices for Sale in South Melbourne VIC

Sold
suite 25-28, 150 albert road,south melbourne, VIC 3205
225 m²
Offices
Sold
167-169 buckhurst street,south melbourne, VIC 3205
502 m²
Offices
Sold
33 tope street,south melbourne, VIC 3205
380 m²
Offices