Secure Income Stream in Highly Coveted Inner East Location
100% leased to high calibre tenants
Net passing income $1,718,382 p.a.*
Fully refurbished office building
Colliers International is delighted to offer 3-7 Hamilton Street, Mont Albert for Sale by Expressions of Interest closing Thursday 3rd December 2020 at 3pm.
This impressive three level office building, located directly adjacent to the Mont Albert Train Station, has recently benefitted from a significant refurbishment.
The building is 100% leased by two highly regarded and resilient tenants in Laing ORourke and Telstra Business Centre with a WALE of 3.5 years (approx.). The net passing income is $1,718,382 pa (approx.)
Key Highlights:
100% leased with a secure income stream from high calibre tenants Excellent connectivity adjacent to Mont Albert Train Station Net passing income $1,718,382 per annum (approx.) WALE of 3.5 years (approx.) Stunning three level office building of 3,720m² (approx.) Large land holding of 1,573m² (approx.) Highly desirable, flexible Commercial 1 Zoning - ripe for future development (STCA) High ratio of parking for 114 cars via three levels of basement parking Impressive End of Trip (EOT) facilities Recent significant building refurbishment minimal long-term CAPEX NABERS exempt
For Sale by Expressions of Interest closing Thursday 3rd December 2020 at 3pm.
For further information on this outstanding Melbourne metropolitan office investment opportunity, please contact the exclusive selling agents below.
Peter Bremner +61 412 326 942 Andrew Ryan +61 408 543 527 Hamish Burgess +61 421 641 497 Trent Hobart +61 433 196 452